Porsche introduces blockchain to cars

[zanetti_ro]

Here's the official press release: https://presse.porsche.de/prod/presse_pag/PressResources.nsf/Content?ReadForm&languageversionid=833328

I think this is the type of news that tends to shut up crypto deniers. If the auto industry starts using blockchain tech, it's going to be huge. What do you guys think?

[1715238022]

1715238022

[1715238022]

1715238022

[1715238022]

1715238022

[1715238022]

1715238022

[crypt0b1t]

Very interesting! Thanks for sharing.

[LeGaulois]

The blockchain technology is already used in the cars industry. Toyota was the first if I am not wrong, Worldline also working with a blockchain for the second used cars.

There are some differences between cryptocurrencies and blockchains. Blockchain technologies are just this, a technology. It can be used in Healthcare, Real estate, Food, Army, Supply, and many others industries.

You can be against the cryptocurrencies (for whatever reasons you have) but on the other side, you can agree with the blockchain technology to be used here and there.

[ZaoXhou]

Here's the official press release: https://presse.porsche.de/prod/presse_pag/PressResources.nsf/Content?ReadForm&languageversionid=833328

I think this is the type of news that tends to shut up crypto deniers. If the auto industry starts using blockchain tech, it's going to be huge. What do you guys think?

From my time on bitcointalk I was under the impression porsche already had like 20 coins..

[Hydrogen]

Kodak East's stock price jumped 240% after it announced an ICO which would pay photographers via blockchain. Atari's stock jumped 40% after it announced a blockchain based gaming console and its own crypto currency which it would later issue. Others gained massive stock percentage points simply by rebranding their corporate name to include the word "blockchain".

Now, it looks like porsche is hopping on the bandwagon in the hope of artificially inflating its stock price via association with blockchain/bitcoin.

This tendency for large corporations to gain massive percentage off of blockchain/bitcoin related announcements could comprise a dangerous bubble as assets become overvalued off of nothing but vaporware announcements which probably won't produce much value or revenue within the long term.

[Ciremik]

I beleive this is the same kind of movement that Volkswagen does now. https://cointelegraph.com/news/volkswagen-chief-digital-officer-joins-blockchain-non-profit-board IOTA is involved. 

[BettingTips]

Here's the official press release: https://presse.porsche.de/prod/presse_pag/PressResources.nsf/Content?ReadForm&languageversionid=833328

I think this is the type of news that tends to shut up crypto deniers. If the auto industry starts using blockchain tech, it's going to be huge. What do you guys think?

I still believe that Blockchain technology will be the trend of the future, as the 4.0 technology revolution is expected to create a technological revolution at the present time. Porche has realized the potential of this technology and will probably apply the blockchain technology to the car, which would be very interesting.

[scorilo]

thx for sharing. It seems there some companies that really aim for the future

[nazaididuan1]

In the future porsche will use the block chain technology to improve autonomous driving.

More and more well-known companies introduce block chain technology, block chain technology can be applied to all the digital domain, such as digital currency, payment and settlement, digital instrument, interest, credit, government services, medical records, etc.

[An0nyMoose]

Never liked Porche. Now I like it a little more.   I also heard Tesla accepted bitcoins, not sure if they still do.

Either way it's great news for bitcoin

[JL421]

It's not a big news at all like every other company taking help of crypto to increase share price this is jus another move , see how kodak announced their ico and share price rose same way companies saying that they will adopt is to be a part of the blockchain hype and nothing else
Yes if they actually adopt it that's going to be huge

[cafe84178]

I admire Porsche's ambitious and innovative attitude to new technology!  I do agree that we should take an openminded attitude on blockchain technology instead of resisting it.

[Ctn]

Here's the official press release: https://presse.porsche.de/prod/presse_pag/PressResources.nsf/Content?ReadForm&languageversionid=833328

I think this is the type of news that tends to shut up crypto deniers. If the auto industry starts using blockchain tech, it's going to be huge. What do you guys think?

That sounds amazon, in-built applications for the cars which will work on the blockchain technology. So yeah this is how everyone will start accepting the bitcoin and blockchain per say. This how crypto will grow slowly but steadily over the decades to come. There might be many big figures saying that bitcoin is bubble but here is how it will break that bubble. By applying the real world applications of it! They might shut their mouths now as the big brands like Porsche and all take the giant leaps in the said field.

Kodak East's stock price jumped 240% after it announced an ICO which would pay photographers via blockchain. Atari's stock jumped 40% after it announced a blockchain based gaming console and its own crypto currency which it would later issue. Others gained massive stock percentage points simply by rebranding their corporate name to include the word "blockchain".

Now, it looks like porsche is hopping on the bandwagon in the hope of artificially inflating its stock price via association with blockchain/bitcoin.

This tendency for large corporations to gain massive percentage off of blockchain/bitcoin related announcements could comprise a dangerous bubble as assets become overvalued off of nothing but vaporware announcements which probably won't produce much value or revenue within the long term.

Bravo! Keep hating hitting like this and we will have blockchain fully accepted by the end of this decade only.  

[syaripudin]

I just want to say that it's been proven that many companies believe in blockhaind technology systems that have pretty good potential. and I think in the future there will be many more companies that use the blockhaind technology system because the profit value of profits will be much higher and this will be very profitable for companies that use blockhaind technology.

[rizkyhiw]

For me it's great for today's technological developments, and Blockchain is the technology of the future that's so much researching the Blockchain system, there are so many advantages over other systems, it's a tremendous breakthrough that I admit, it could be a driver of Blockchain and bitcoin where both appear together.
Blockchain technology is a technology that underlies the running of Bitcoin without relying on centralized servers, for me this system will be great in the future.

[Beerwizzard]

Now, it looks like porsche is hopping on the bandwagon in the hope of artificially inflating its stock price via association with blockchain/bitcoin.

Kodak was nearly dead for years so it may be concidered for them as an attempt to get back to the market while Porche feels pretty fine (not totaly fine but the situation with Kodak  was much worse). And they also are a bit late with trying to hype on "blockchain", now they gona have to do something to get some real value.
Imho such news are not that interesting. First because cars are working fine without blockchain, it is not that important for that stuff. Second is that those things can pump the stock price but it will never affect the price of cryptocurrencies and even if they will succeed with blockchain everything will be unnoticed by the crypto cummunity.

[Jico79]

technology blockchain development entail the development of new more. know where to later robot would rather human work, and everyone jobless 😂. breakthrough of blockchain make major brands more fat. value also double-sided, rapidly developing too are dangerous

[yugyug]

Blockchain technology has many applications for industry and automobile is one of them. Porsche is trying to adapt this blockchain technology for better customer service like tamper-proof data transparency and for supply chain and logistics for manufacturing. There is no doubt that blockchain technology would be future of networking technology with less hardware interventions from traditional centralised computer networks.

[Techie5879]

The blockchain technology is already used in the cars industry. Toyota was the first if I am not wrong, Worldline also working with a blockchain for the second used cars.

There are some differences between cryptocurrencies and blockchains. Blockchain technologies are just this, a technology. It can be used in Healthcare, Real estate, Food, Army, Supply, and many others industries.

You can be against the cryptocurrencies (for whatever reasons you have) but on the other side, you can agree with the blockchain technology to be used here and there.

True, even in the food industry, bitcoin has started to become accepted, by KFC Canada especially. This new development of Porsche, a well know automobile giant spreading blockchain technology further into the industry is really interesting. This just shows how much important the technology is and how much importance and priority should be given to further spread the roots of this technology to other industries like currency, and this will fuel the rise of bitcoin.

[kuckong]

blockhcain technology is very good for the industrial and business world. Porsche adds blockchain technology in his car ranging from locking and opening the car door through an application. Singapore also uses blockchain for business activities in port. So now the blockchain is not just about bitcoin.