Blockchain and the transportation sector

Mobility services and the business of automotive companies in general will probably be one of the most vibrant and radically transformed sectors in the years to come. Traditional carmakers such as Volkswagen, Toyota, and GM face two main types of challenges over the next decade.

First, they have to adapt to a product line, which will be less reliant on traditional fuels, and focused on electric batteries. This is a significant change of pace and global car producers have no choice but to adapt their business models, or competitors like Tesla will continue to gain market share.

The other main business risk for auto producers is the threat posed by firms such as Uber, Lyft, and Didi. Well, this can also ...

Get Blockchain for Business 2019 now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.