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Author Topic: Teslas to incorporate Blockchain????  (Read 323 times)
pooya87
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May 25, 2019, 03:04:47 AM
 #21

WOAH. What if Teslas were nodes and each car were to talk to each other and record everything on a public blockchain?

the question should not be "what if" because it is possible and even in most cases it will be easy to implement blockchain technology for almost anything but having the capability doesn't mean you should. so the real question should be "WHY" or in other words what would be the benefit of it and what would be improve?
in this case i don't see any reason to keep that kind of data on a public blockchain. not to mention immutable while i may not even use my car as long as my data persists on that blockchain!

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drumamat
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May 25, 2019, 08:09:15 PM
 #22

I follow all the news related to Tesla.Good article. I am sure that these guys will succeed.Perhaps future innovations are already being tested.It's hard for me to imagine how much this car will cost...
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May 25, 2019, 09:22:05 PM
 #23

I hate to burst bubbles, but Tesla adopting bitcoin is contrary to their environmentalist image. However, they could adopt other blockchains, which in my view would indirectly benefit bitcoin as it would draw more people into the space.

What are you talking about? They would LOVE to sell you all the Solar Panels and even batteries for your mining operation. Tesla is not against energy use, only the source of this energy matters. And they have already deployed enough solar to power small cities/islands.

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This pdf shows a 10MW solar operation. Any large miner could easily sell half his assets to afford something like this, and ensure a future.

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May 25, 2019, 10:37:22 PM
 #24

WOAH. What if Teslas were nodes and each car were to talk to each other and record everything on a public blockchain? This article blew my mind:

https://cryptotradernews.com/technology/how-tesla-can-incorporate-blockchain-into-its-cars/


Thoughts???
Based on what I know, I think Tesla is already being used for mining but inculcating blockchain technology public ledger into Tesla cars will be a game changer because the automobile industry has nothing like that at the moment..

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Twinkledoe
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May 25, 2019, 11:13:25 PM
 #25

WOAH. What if Teslas were nodes and each car were to talk to each other and record everything on a public blockchain? This article blew my mind:

https://cryptotradernews.com/technology/how-tesla-can-incorporate-blockchain-into-its-cars/


Thoughts???
Based on what I know, I think Tesla is already being used for mining but inculcating blockchain technology public ledger into Tesla cars will be a game changer because the automobile industry has nothing like that at the moment..

I believe, this actual technological development from Tesla is not very far from its implementation. Maybe, they are already in the test runs before they broke this news. Of course, they should think ahead and with blockchain revolution, I believe they are already doing internal testings. This is really good news! Another big company supporting the concept of blockchain.
pushups44
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May 26, 2019, 07:19:26 PM
 #26

I hate to burst bubbles, but Tesla adopting bitcoin is contrary to their environmentalist image. However, they could adopt other blockchains, which in my view would indirectly benefit bitcoin as it would draw more people into the space.

What are you talking about? They would LOVE to sell you all the Solar Panels and even batteries for your mining operation. Tesla is not against energy use, only the source of this energy matters. And they have already deployed enough solar to power small cities/islands.

Kaua’I Island Utility Cooperative

This pdf shows a 10MW solar operation. Any large miner could easily sell half his assets to afford something like this, and ensure a future.

I know that there are pros and cons regarding the environmental soundness of bitcoin mining, and people may disagree, and I also grant that more mining is being done with renewable energy (which I support).

But for companies like Tesla, public perception is important. Currently, there are concerns about the environmental costs of bitcoin mining given how energy-intensive it is. For this reason, I am doubtful that Tesla would use bitcoin, but I suppose anything is possible.
smartbitcoininvestor
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May 26, 2019, 08:04:24 PM
 #27

Sounds like a great to avoid security concerns and push Tesla forward into immutable data within their cars so customers feel happy with their experience. Having massive amounts of data is valuable for a company such as Tesla and can improve the performance of their future self-driving vehicles.  

I think having a private blockchain would help the company immensely with measuring all data from its vehicles. This should bode well for security and provide a first-class experience for customers.
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May 27, 2019, 05:12:35 PM
 #28

Elon Musk seems to be open to crypto, he is always posting about it on twitter.  He even made a joke on April Fool's day that he is the creator of doge coin. All that being sad, he doesn't even own a significant amount of crypto consider he is a multi billionaire.

Well, I think if Elon Musk is to invest, adopt, or even create his own crypto it would make a great impact in the whole market. Well, integtating blockchain tech on their product may not be a bad idea after all, if ever it would be the first one to adopt blockchain tech in a car for record keeping and tracking.

Eloncoin?

I mean, TBH, I wouldn't put it past the guy. The guy has a hand in just about every market now-a-days. I'm surprised every celeb isn't just going out & creating their own version of crypto.

Although, full disclosure, i'd probably buy a bit of ELON (stock symbol already good to go, there yah go)

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niisarearning
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May 29, 2019, 10:59:25 AM
 #29

Any devices with modern CPU and internet connection (specifically IoT devices) could run blockchain-based technology.

While it's good idea, it's no longer mind-blowing or revolutionize.
Yes its not mind blowing but definitely its revolutionary thought becasue no one imagine to incorporate blockchain solution with Cars . Even electric cars were exist but even tesla became revolutionary . Same kind if some body try to implement this solution would be great
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June 20, 2019, 10:30:03 AM
 #30

Elon Musk is huge enthusiast of crypto, and after Facebook created his own crypto it is very much possible that the Tesla will create something on their own. Maybe their own token instead of market share. We will see

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