A-ha moment: toyota talks vision for how blockchain could move driving – Bitcoints

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Published on May 24th, 2017 | by bitcoin

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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.
Underutilized assets
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.”

Source: Www.coindesk.com

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