Because these car manufacturers believe that the future will be conquered by crypto one digital coin at a time. Actually, there are five digital coins currently available from five car manufacturers, each of which promises unique offerings.
Ford’s CCMP Tokens
CCMP is short for cooperatively managed merge and pass tokens (CCMP tokens). These tokens are designed to allow drivers the opportunity to travel smoothly and quickly through slow traffic areas by paying other drivers with CCMP tokens.
Volkswagen partners with IOTA
There are no details yet as to when Volkswagen (VW), one of the world’s largest car manufacturers, will adopt IOTA’s Tangle in its system despite the company’s announcement that it signed a cooperation agreement with its foundation.
BMW to do business with VEChain Thor
BMW, the creator of the “ultimate driving machine”, is partnering with VeChain Thor – a Singapore-based non-profit that offers supply chain management solutions to track IoT devices on products within a supply chain.
Porsche collaborates with XAIN
XAIN – a start-up based in Berlin that allows its Ethereum-based energy-efficient and enterprise-ready Blockchain to easily adapt to any automated business process infrastructure – is working with the world’s largest and most traditional sports car to test blockchain applications in its vehicles.
Daimler AG introduces mobiCOIN
Daimler AG, the manufacturer of the popular Mercedes-Benz brand of vehicles, is launching mobiCOIN – the company’s own blockchain-based cryptocurrency.
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