Mercedes-Benz parent company Daimler is exploring blockchain technology for valuing used cars:
BMBS will use a blockchain platform developed by PlatOn, which sends real-time vehicle data to approved recipients to share static and dynamic vehicle data with approved local dealerships, vehicle inspectors, and used car owners, perIn turn, this could help BMBS increase buyer confidence in its used car inventory, as it can provide more granular data on car history and adjust the price accordingly.
Blockchain in payments. In August 2019, Daimler developed a pilot payment solution for charging its electric trucks, in collaboration with German bank Commerzbank,FreightWaves. The solution makes it such that a blockchain ledger can track and facilitate an electric charging transaction, allowing payment to be made without human verification.
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