The BMW Group has increased its capacities for utilizing blockchain technology to provide its staff with the tools they need to create high-quality vehicles. According to the press release, BMW has faced great difficulty when tracking specific parts that need to be changed or simply weren’t of sufficient quality. Finding the manufacturer often involved a significant amount of manual labour, but now with the implementation of the second stage of their “PartChain” project, BMW and their suppliers are using blockchain systems to help them track parts at the push of a button. We’ve reached out to BMW Group for comments and more information, but they were unavailable for contact. The extremely complex nature of the automotive industry makes it a prime suspect for blockchain integration. The com...

The Central Bank of France wants to experiment with digital asset technology to improve interbanking abilities, according to this “Call to Apply” document that came out last Monday, on March 30th. The document lists all of the desires and goals that the bank has with cryptocurrency. At the moment, they are looking for third party help to drive their understanding of the technologies. They are looking to use blockchain technology for the achievement of a few interests and goals. Their interest is two-fold. One, to explore the possibilities offered by crypto technology. Two, to identify concrete cases for integrating CBDC (central bank digital currency) in the process of clearing and settlement of tokenized financial assets. The document continues to list three specific goals that they want ...

Thumbnail Photo by Karl Greif from Karl Greif Video www.karlgreifvideo.com According to The U.S. Department of Transportation (U.S. DOT), blockchain can be used to streamline drone deliveries of essential and important items, such as organs. The institution published an information-exchange document on 15th of April 2020, to communicate their findings and thoughts with the public and begin a discussion about blockchain and drone fleet management. Drones in the context of the document are considered to be any Unmanned Aerial System, i.e. UAS. This includes UAS for military, commercial, and recreational usage and how blockchain technology can be used as a framework to provide stakeholders with security, identity management on one end. On the other side, blockchain is going to be u...