MOBI develops first vehicle identity standard on blockchain technology
The first standard focuses on the “birth” or the beginning of the vehicle’s lifecycle to establish their identities
Mobility Open Blockchain Initiative (MOBI) has released the automotive industry’s first Vehicle Identity (VID) standard for use on blockchain, the association said in a press release on 17 July. The first standard focuses on the “birth” or the beginning of the vehicle’s lifecycle to establish their identities. The subsequent VID phases will add additional product definition, ownership history and a log of key-events in the vehicle’s lifecycle.
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