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Siemens Considers Using Blockchain-Based Tech In Transportation Industry

“It’s not only inconvenient for the drivers, it’s inconvenient for the companies because fueling cards get stolen [and] they get sold on the internet […] That’s an example where, in an industrial context, you need something, a technology, that brings together different participants that [don’t] fully trust each other […] That’s exactly where blockchain can add value.”

As per the report, Siemens is also considering to employ blockchain for supply chains and manufacturing. He is also leaning towards using permissioned blockchain, however, it is still in its testing and discovery phase and reportedly exploring the viability of various use cases.

Image Source – Pixabay.com

 

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