Blockchain is helping China’s automakers boost green credentials

Global players including Mercedes, BMW and Toyota have outlined their approaches to adopting decentralised digital ledger technology, and carmakers in China are actively following suit. — AFP Relaxnews

As automakers turn their focus to zero-emission cars, the application of futuristic technologies like blockchains are aiding efforts to slash costs amid cut-throat competition.

Global players including Mercedes, BMW and Toyota have outlined their approaches to adopting decentralised digital ledger technology, and carmakers in China are actively following suit.