General Motors has been at the forefront of automotive research into self-driving cars and blockchain technology. Last Thursday, the auto giant applied for a U.S. patent that touches both areas.
The application outlines a distributed ledger system that would store data generated by self-driving vehicles, CoinDesk noted. The information would be accessible to users of the blockchain. GM said in its application the system could help with the development of navigation systems and for other “events and services related to vehicle operation.”
GM is a founding member of the MOBI consortium of major auto manufacturers and technology firms. The group, which includes BMW and Porsche, is the largest and most significant initiative exploring the use of blockchain in the automotive industry.
Separately, GM announced it would begin manufacturing autonomous vehicles next year. Read more here.