Currently Volkswagen is one of only a handful of car businesses to try and utilize blockchain technology. They have created different partnerships with blockchain companies to try and access the vast opportunities the tech offers the car industry. Recently, Volkswagen has teamed up with IOTA project to begin their first product called Digital CarPass.
Volkswagen’s Head of Blockchain Benjamin Sinram, in an event in Tel Aviv, Israel, elaborated on the 5 blockchain pilots that the automobile giant was pursuing, of which the initiative with IOTA was the farthest along in development. IOTA and Volkswagen announced their partnership in February 2018, but this news marks the first major development in their joint efforts to bring IoT to the automobile industry. The launch will be a milestone for the project, and a public test that allows them to gauge efficacy and quality. Sinram said that CarPass will be launched in early 2019.
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