Enterprise blockchain automotive industry is starting to thrive

Enterprise blockchain applications in the automotive industry

  • Verification and process improvement solutions:
  • Provenance and verify parts solution has excellent benefits for manufacturers, service centres, vehicle warranties and even customers for traceability of parts in terms of production time/location, and used raw materials.
  • Destination trace solution tracks the status and location of materials, parts or products during transit to the destination. This solution is suitable for logistics companies and suppliers who want to control their product journey strictly.
  • Know your supplier solution emphasises the effectiveness of mutual understanding between suppliers in the automotive supply chain. Each party on the chain will own a copy record of information about members (manufactures, suppliers, related service companies). With this reliable record, parties raise the chance to find their suitable partners, embrace more market information, and improve partnership effectiveness.
  • Targeted recall solution:
  • Vehicle management and incentives:
  • Ride-sharing and on-demand mobility services:
  • Finance and insurance:
  • Insurance contracts solution: Car companies, insurance companies and customers will use the vehicle information to create automatic insurance contracts. The needed information on vehicle conditions such as speeding, mileage, damages and other events will be available in the blockchain database for the automatic claim calculation and execution process.


About akaChain




The Permissioned Business Blockchain for Enterprises

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Nutbox Walnut — a multi-chain CommunityFi protocol, achieve the world that SMT and Steem-Engine…

New Achievement: Over 50,000 KSM backing Khala | Phala Weekly Vol.41


Blockchain Solution

Changes To Our Blockchain + Ad Feature + More!

Top Blockchain Domain Use Cases and NFTs

Decentralized Grab — DACSEE is Changing the Ride-Sharing Industry

Talk code with us at ETHBerlin

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store


The Permissioned Business Blockchain for Enterprises

More from Medium

On/off Ramps in Web3: an Introductory Guide

What is Blockchain Genomics?. The Complete Blockchain Developer Course 2022 [Videos].

India’s Fastest Growing Blockchain Companies to Watch in 2021

India’s Fastest Growing Blockchain Companies to Watch in 2021

Why I’m Bullish on Zero Money