In this video we covering a Forbes article re: “The Role of Blockchain In The Development of The EV Industry”. We review 3 areas: Electric Vehicle Production Cost, Peer-to-Peer Power Trading and Electric Vehicle Passports.
Carbon emission across the world as well as climate change are reasons why every automotive manufacturer are removing internal combustion engines (ICE) from their line-up and replacing them with electric vehicles. While some automotive shoppers can be hesitant when buying electric, the new carbon standards will leave them with very little choice (pre-owned) by 2035.
Enter, blockchain. Blockchain and distributed ledger technology (DLT) will allow manufacturers, their suppliers and the automotive consumer to have more reliable resources, tracking and vehicle information. Enjoy the video.
https://www.forbes.com/sites/naveenjoshi/2021/12/21/the-role-of-blockchain-in-the-development-of-the-ev-industry/?sh=679c64538623
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