Giant blockchain step from the group including Ford and HondasteemCreated with Sketch.

in Daily Crypto Updates3 years ago

As the demand for #electrically #powered vehicles is increasing day by day, the world's leading automobile manufacturers have started a standard-setting initiative to accurately measure the carbon emissions of batteries and batteries. #Blockchain technology will be used to provide error-free results.

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🚩A group of 100 companies and organizations called the Open Blockchain Mobility Initiative ( #MOBI), which includes #Ford, #Honda and Japanese trade giant #Itochu, will lead the development of the carbon emissions standard to better manage electric vehicle batteries and reduce their environmental impact.

🚨Computers will control each other🚨
In the created system, blockchain technology will be used to create a reliable carbon emission record. Many computers will be used to store and share transaction records, and the devices will also control each other.

🚨Intervention will become almost impossible🚨
Thanks to the blockchain technology, which stands out with its unchangeable and unbreakable structure, it will become almost impossible to interfere with the recorded information. It is stated that MOBI is considering using a two-dimensional barcode and in-vehicle sensors to save data on the blockchain. Many information and data, including production, sourcing, transportation and patent rights, will be separated and controlled according to stages.

🚨New carbon regulations coming in 2024🚨
It was stated that this step of the initiative came with the decision of the European Commission, the executive arm of the European Union, to implement a series of new regulations in 2024, especially including carbon emission records. With the new rules, the commission, besides carbon emissions; It will also oversee production, distribution, use and elimination of industrial batteries. The European Commission, which joined MOBI in March, is expected to approve these standards shortly.

As it is known, the batteries in electric vehicles, which are stated to have much less impact on the environment than traditional vehicles, constitute approximately 50 percent of the automobile's greenhouse gas emissions. The 4 automobile manufacturers within MOBI produce a total of nearly 20 million vehicles per year, which corresponds to 20 percent of the total market.

🚨Volkswagen fined 1 billion euros for carbon emissions
As it will be remembered, the German automotive giant Volkswagen was fined 1 billion euros between 2007 and 2015 for a software that shows low carbon emissions. It turned out that #Volkswagen sold exactly 10 million vehicles with fraudulent software. The company accepted what had happened and did not apply to the appeals court

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