Blockchain an Anchor or a Shackle for Carmakers?


Michael Morgan said that blockchain, in addition to helping vehicles become more autonomous, could foster encryption to preserve anonymity of transactions using such vehicles. “Not everyone wants to have a company like Uber know they went from point A to point B,” Mr. Morgan noted, adding that crypto-currency combined with a blockchain-secured digital identity would also facilitate micro insurance for a short ride or a small set of interactions.