Published on May 24th, 2017 | by bitcoin0
A-ha moment: toyota talks vision for how blockchain could move driving
Announced yesterday exclusively at the conference, Toyota Research Institute (TRI) unveiled a three-pronged strategy that shows it believes blockchains will reshape interactions in the automotive supply chain.
Ballinger told CoinDesk:
“My a-ha moment was that people use lots of things for money, there’s lots of things people say are near-monies.
Starting from the realization that bitcoin could eliminate financial middlemen, Ballinger said he became interested in exploring the idea of applying blockchain to new concepts.
Ballinger also put forward a vision suggesting a core belief: that the world’s existing automotive fleets are an underutilized asset.
Asked what he would like to say to those in the traditional transportation ecosystem, he said: “Come join us.”