3 Ways Blockchain Technology Can Prove Beneficial for the Automotive Market

3 Ways blockchain technology can prove beneficial for the automotive market

Cars. It is hard for most of us to imagine our lives without them. After all, ever since their inception, cars have been pivotal in reaching from one destination to another. Over the years, the automotive industry has experienced tremendous growth, despite the spiraling financial conditions. In 2017, 73.5 million units of cars were produced. Vehicle sales are predicted to rise to 81.5 million units by 2018. 6.1 million of these purchases will come from the U.S alone. These statistics showcase the growth the automotive industry is experiencing. Many have…

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