GM Files Blockchain Patent

Last week automaker General Motors filed a patent for a solution to manage data from autonomous vehicles using Blockchain.

GM Files Blockchain Patent

Last week automaker General Motors filed a patent for a solution to manage data from autonomous vehicles using Blockchain.

I love that we're finally seeing Blockchain technology used for other purposes than currency. It's not the first company to use this technology, but it's certainly one of the first major companies to put their eggs in this basket.

I'm a firm believer that Blockchain technology could change the world. And this is why: "As revolutionary as it sounds, Blockchain truly is a mechanism to bring everyone to the highest degree of accountability. No more missed transactions, human or machine errors, or even an exchange that was not done with the consent of the parties involved. Above anything else, the most critical area where Blockchain helps is to guarantee the validity of a transaction by recording it not only on a main register but a connected distributed system of registers, all of which are connected through a secure validation mechanism." Ian Khan, Speaker/Author

It's that accountability and absolute guarantee of validity of the transaction that creates such a killer app. So it's no wonder that GM is working on baking this into their autonomous vehicle technology. Self driving cars are the future of transportation and GM's investment in Blockchain assures them that the data they produce is pure and true. Afterall, there will be no driver so that data is the only thing they'll have.