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As automakers turn their focus to zero-emission cars, the application of futuristic technologies like blockchains are aiding efforts to slash costs amid cut-throat competition.
Global players including Mercedes, BMW and Toyota have outlined their approaches to adopting decentralized digital ledger technology, and carmakers in China are actively following suit.
Just before Lunar New Year, China’s central government said it had selected 15 pilot zones and identified several areas for the “innovative application” of blockchain technology. Shanghai, Beijing and Guangzhou were nominated for inclusion; in ...
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