Impact of Blockchain technology on Automotive Industry

Abstract

Blockchain has presented its benefits in real world in many industries. This technology is now expanding in financial sector. The automobile industry is technology-intensive, and has been from its beginning. The 21st-century cars are moving data centers with on-board sensors and computers that capture information about the vehicle. Here we examined the current situations in the automobile industry. We contrived various surveys in hunt for various issues faced by manufacturers and the customers in the automotive industry. The issues highlighted in this research papers can be overcome using the perquisite of blockchain technology.