Toyota, Ford, and General Motors (GM) All Exploring Blockchain Technology

[mohammedmattar]

Hi guys
  I want to know what do you  think about this news
  Specific and all similar news
And its impact on the future of the market as a whole
Wait for your opinions

https://cryptocurrencynews.com/automobile-blockchain-toyota-ford-gm/?utm_campaign=rss__ccn&utm_source=rss&utm_medium=rss

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[LeGaulois]

It's old from  last year. But it's not going to change anything on the market, no matter if you're referring to the crypto market or the car industry market. The only thing is going to change is their profits and the optimization of the supply chain. Since it will help the firms to reduce the operating costs.
Don't worry, the cars won't be cheaper

[Stavri]

it is really good to know that so many big companies started to interest in blockchain technology. we know that a big car company hyundai is already in. i hope we will see more companies in the future so marketcaps will increase more.

[abojamal]

I think it is among the good news package needed for the market to rise
And if on a long distance
It is very important to spread the idea and start to deal with the world
Then I earn the profits

[orions.belt19]

I think it is among the good news package needed for the market to rise
And if on a long distance
It is very important to spread the idea and start to deal with the world
Then I earn the profits

I don’t think that this kind of news would make a contribution for thd market to rise. These companies have optimized blockchain technology to make things easier for them and this won’t have any direct impact for the market of crypto. It’s definitely a benefit for the car companies but I don’t see how this would have any impact to us as crypto-users. It’s just a simple adaption of technology — it’s not so significant.

[Maame Esi Sergio]

That would be a great news if these great companies are to join blockchain technology. We can now buy cars using cryptocurrencies. That would the awesome. If any of these companies join, the rest will follow suit and the market will boom. I am hoping that they explore it in the positive sense.

[Harlot]

This companies are in it for the technology for one reason and that is money. This big companies only has one thing and common and what makes them tik are money pouring in their cash flow. They are probably thinking about a patent technology related to blockchain right now. Just like what Walmart did in relation to patenting blockchain technology related to storing medical records. I think it is good but I start seeing this companies exploiting a tech that was freely available in the first place this might put us in a bad position where blockchain tech might be limited for everyone to use.

[ajuelnah akun]

It's old from  last year. But it's not going to change anything on the market, no matter if you're referring to the crypto market or the car industry market. The only thing is going to change is their profits and the optimization of the supply chain. Since it will help the firms to reduce the operating costs.
Don't worry, the cars won't be cheaper

ha ha
you are right, it totally affects cryptocurrency and bitcoin.
it's only a positive impact for the company, and on the price they might raise the price of the car a little more expensive.