Porsche introduces blockchain to cars: First in sector

Porsche in collaboration with Berlin-based start-up XAIN is planning to introduce blockchain in car. Oliver Döring, Financial Strategist at Porsche says :

“We can use blockchain to transfer data more quickly and securely, giving our customers more peace of mind in the future, whether they are charging, parking or need to give a third party, such as a parcel delivery agent, temporary access to the vehicle. We translate the innovative technology into direct benefits for the customer.”

Using smart contracts company is planning to allow car as a service to third party service providers.