Blockchain in the Production of Mercedes Benz

Blockchain in the Production of Mercedes Benz

Daimler, the maker of Mercedes Benz cars, has revealed its actively making use of distributed ledger technology (DLT) in its operations. 


Daimler AG, a German multinational automotive corporation that manufactures commercial vehicles and premium cars like the Mercedes Benz, has revealed a number of blockchain-based projects it’s currently working on.

 

Per sources close to the matter, during the Startup Autobahn Expo held on September 24, 2020, the leading car manufacturer shared some of the decentralized identity projects its currently working on in collaboration with some top DLT firms including Spherity and Ontology (ONT).

 

Specifically, Daimler and Spherity are developing a blockchain-based decentralized identity (DID) solution. The team says the system makes it possible for enterprises to easily prove their identity, credentials and automatically sign agreements.

 

What’s more, Daimler is also working with the Ontology blockchain to develop MoveX, a self-sovereign decentralized identity solution that aims to make it possible for a customer to enjoy numerous mobility services without sacrificing privacy.

 

Dividends of DLT.
Commenting on the innovative initiatives, Dr Harry Behrens, Head of the Daimler Mobility Blockchain Factory reiterated that decentralized identity comes with immense benefits for customers.

 

Daimler and the Mercedes Benz brand have been making inroads into the blockchain technology ecosystem for quite some time now.

 

In 2018, Daimler rolled out the MobiCoin token, as part of plans to reward environmentally-friendly driving habits.

 

It’s worth noting Mercedes first announced plans to adopt blockchain technology in February 2019, when it revealed plans to trial the revolutionary technology for supply chain transparency.

 

Earlier in January 2020, BTCManager informed that Mercedes Benz had launched a blockchain pilot aimed at tracking carbon dioxide emissions across its cobalt supply chain.

 

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