With All The Experts Saying Bitcoin Will Fail, WHY Are So Many Car Companies Dabbling In The Blockchain World?

Car porn takes on a whole new meaning in the world of blockchain. Gone are souped up chassis and cherry paint jobs, and in their place are projects pursuing high transaction throughputs, tokens for rewarding environmentally conscious driving and even self-driving cars. Culled from this year’s Global 2000 list of the largest public companies in the world are seven with particularly interesting projects. While each is in the early development stage, taken collectively, they paint a picture of how far the blockchain technology first popularized by bitcoin has come.

zairnaim - 7/13/2018 1:27:31 PM

+4 Boost

Cryptocurrencies like bitcoin are not the same thing as blockchain... Cryptocurrencies use blockchain because a distributed ledger is useful for verifying transactions as most crypto-currencies are decentralized.

Blockchain as a technology can potentially be useful for many different applications. Even regular banks can use it for their transactions. A lot of it is hype but it's looking like blockchain will be used in a number of places. A number of companies are exploring the technology as a result.

t_bone - 7/14/2018 12:58:36 AM

+2 Boost

It's obvious the whole thing will get hacked, since security experts are so confident it is infallible.

zlives - 7/16/2018 3:25:18 PM

+1 Boost

no need to hack, the ability to manipulate is built in.
all you have to do is own more than 50% of nodes and whatever you decide is the truth. There is no truth, everything is permissible.
and by you i mean NOT you but nation states like China/Russia. or corporate states like USA.