Porsche introduces blockchain to cars

[Bessta]

Awesome! It only proves the acceptance of blockchain technology is evolving and soon many industrial companies would follow as they realized how good the technology for their business. The many applications of blockchsin technology would cater to a lot of industries.

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[Bugsbey]

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.

Amazing! We all must rejoice for maybe the time is near when blockchain will be accepted and used all over the world. This is an evidence that this technology is very useful nowadays. Once this will be worldwide, the community will grow larger and there will be more opportunities offered by this system.

[YzzyGo]

More and more companies are trying to adopt blockchain into their system which is good for the future of technology. Simply put, blockchain is the new frontier in the digital age.

[mOgliE]

Hi,

That is interesting indeed... But it has nothing to do with bitcoin or crypto.

Blockchain has been developed for crypto needs but it is something in itself.

It is a tool aimed at "controlling itself". Here, in your article, the car manufacturer only says that it finds blockchain interesting and that it could be used for autonomous driving or locking the car from a smartphone. We are rather far from crypto...

[Lucius]

It would be a great news if Porsche start to accept BTC,which of course we can expect in the future.But it is good they discovered all the possibilities blockchain provide for them,maybe it's the first step to further understanding of BTC.

We can see that many people often misinterpreted blockchain and BTC as one and the same thing,which is of course wrong.Blockchain is an amazing technology which today changes the world,and BTC is using that technology from 2009 and actually shows all its advantages and disadvantages.

There is no doubt that blockchain is very hot stuff these days-auto industry, financial sector, healthcare and many others are interested in its application.Can the currency based on blockchain succeed and be successful?I think the answer is positive,it will only take a little longer time than we expect today.

[jakagintiri]

In an international conference discussing the tremendous growth of "blockchain" over cryptocurrency and peer to peer networks and trustless transactions, it is a sign that so many researchers are good at implementing blockchain in every technology today, it's potentially big in some time. come.

[adolf512]

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 believe that this is great news, which contributes to the popularity and recognition of blockchain technology. I am also confident that this technology can be useful not only in the automotive industry, but also in other areas.

[el kaka22]

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.

Blockchain technology is becoming extremely glaring with the way things are going. Companies are beginning to see the value that blockchain technology brings for their own development in particular and who does not want that really ?

It is great that a whole lot of development is really going on and that is good for the general ecosystem in particular as we keep seeing big players utilizing the technology.

It is interesting to know that a lot of merchants are beginning to get interested in the blockchain technology and that is good. Not just the auto industry, if most industries start seeing the need to make use of blockchain technology, it would be a good thing generally. I can see lately that the news are generally changing to the positive gradually, so I guess we have to keep our fingers crossed on how that impacts the technology positively.

[Contuur]

Good opportunity for brands to hype.
Love Porshe btw.

[Darmanin]

Many enterprise introduce blockchain, it's very good

[TravelMug]

Good opportunity for brands to hype.
Love Porshe btw.

Agree, its another good thing to hype bitcoin/blockchain technology specially in the motoring industry as we all know that a lot of rich people are into "toys for the big boys".

In an international conference discussing the tremendous growth of "blockchain" over cryptocurrency and peer to peer networks and trustless transactions, it is a sign that so many researchers are good at implementing blockchain in every technology today, it's potentially big in some time. come.

Actually, every blockchain conference really brings positive news to the community. Its just sad though that central banks globally are still attacking bitcoin but taking advantage of the technology behind it. And banks are the first recipient of the technology. But now a lot of industries are looking and applying blockchain and I'm sure that we will see it grows to tremendous levels in the next 5 years.

[Tumanggor]

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?

porsche sees opportunities in Blockchain technology, they read that if they do not keep up with technological developments and times, their Business will die, welcome in Blockchain technology 

[cryptojac17]

Good opportunity for brands to hype.
Love Porshe btw.

Agree, its another good thing to hype bitcoin/blockchain technology specially in the motoring industry as we all know that a lot of rich people are into "toys for the big boys".

In an international conference discussing the tremendous growth of "blockchain" over cryptocurrency and peer to peer networks and trustless transactions, it is a sign that so many researchers are good at implementing blockchain in every technology today, it's potentially big in some time. come.

Actually, every blockchain conference really brings positive news to the community. Its just sad though that central banks globally are still attacking bitcoin but taking advantage of the technology behind it. And banks are the first recipient of the technology. But now a lot of industries are looking and applying blockchain and I'm sure that we will see it grows to tremendous levels in the next 5 years.

Its really good news that  Blockchain technology being used by some prestigious car company that is  really a big  leaf of the technology, and obviously crypto currency would be involved in the process and this is another opportunities for cryptocurrency to grow the coverage into another business.

[krauzzer02]

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?

It's not the first one who introduces blockchain to the cars there are tons of ICO project that is related to auto industry who did the same thing, you can also check the announcement board for the upcoming and finished projects which is related to this type of project and you can also see that there are tons of projects from different types of industries and businesses having a resolution to specific setbacks of their current systems and infrastructure so blockchain tech are already invading different types industries for the adoption and revolution.

[hisuka]

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?

porsche sees opportunities in Blockchain technology, they read that if they do not keep up with technological developments and times, their Business will die, welcome in Blockchain technology 

I can say that this is also a good news adopting this technology will increase the numbers in the community. It is going to be huge for sure because this company has seen the growth and good future in blockchain technology.

[setupbounds]

It would be a great news if Porsche start to accept BTC,which of course we can expect in the future.But it is good they discovered all the possibilities blockchain provide for them,maybe it's the first step to further understanding of BTC.

We can see that many people often misinterpreted blockchain and BTC as one and the same thing,which is of course wrong.Blockchain is an amazing technology which today changes the world,and BTC is using that technology from 2009 and actually shows all its advantages and disadvantages.

There is no doubt that blockchain is very hot stuff these days-auto industry, financial sector, healthcare and many others are interested in its application.Can the currency based on blockchain succeed and be successful?I think the answer is positive,it will only take a little longer time than we expect today.

If Porsche has decided to support blockchain technology, then one day it will also understand bitcoin and accept it as a payment. Bitcoin is the best crypto currency and a most famous invention that implements blockchain technology. This is the face of future money.

Sooner or later, everyone will accept it. Bitcoin has already shown how much potential it has and if we talk about success, then indeed it is successful so far.

[wuvdoll]

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.

It seems blockchain is really driving some of these companies on a global scale as they get their stock value increase before you even know it. With the way things are going already, I foresee more companies and merchants taking blockchain technology to a whole new level for their own benefit and that is really good but considering your perspective as well, I guess there is nothing good that does not come with its own disadvantage, and we hope it does not really get to that.

[coinplus]

Really interesting. If we can keep getting news like this to change the fundamental of things in the market, I am sure it should help a lot in getting us fine and kicking. Blockchain technology is becoming something that is growing wide than we can all imagine even far than some of us would have imagined it to be few years ago and having something like this in a short while, I can imagine what the future holds for this technology.

In my view people first accept or come to know the advantages of blockchain technology and then will think about adopting bitcoins. Hence, adoptions like this will make blockchain technology to be heard lots of people which may work for adopting bitcoins later on.

[aoihs00]

These news are coming like crazy these days but somehow it aint helping the coins to hike in anyway. Now here is the thing why this is not goo does for the bitcoin itself! When these industries make such announcement that they will be introducing features based on the blockchain then they really means that they are going to invest money on the blockchain itself and not any coin thus they do not interfere any market value as such. The money is really going into their own project which is just based on the blockchain platform. The same way bitcoin relies on it. Thus, it is the good news but it is for the purpose of blockchain and the Porsche users itself. 

[btc78]

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. 

looks like more and more car industries using blockchain for their cars,im thinking when would be those airlines ,shipping company used blockchain like what the cars did?hope if will be sooner so all mode of transportation will support blockchain and what will follow?ofcourse the cryptocurrency