Ford and Toyota reportedly filed a combined total of over 43 blockchain-related patent applications in the second quarter of this year alone.
According to multiple media outlets on the 11th (local time), the number of patent applications filed in the industry as a whole in the second quarter was down from the first quarter, but Ford filed a
The company increased its number of applications from three in the first quarter to 14 in the second quarter, while Toyota increased from 25 in the first quarter to 29 in the second quarter.
In recent months, patents filed by Ford, Toyota and the auto industry have included a variety of
Ford recently filed a patent for a system that can immutably prove the change of ownership of a vehicle. According to the patent, Ford's system
Through smart contracts, the company will automatically manage vehicle ownership data in response to real-time event data. The system uses blockchain as an immutable ledger.
It records changes in vehicle ownership and allows vehicles (physical assets) and titles to be exchanged in a single, autonomously executed operation through smart contracts.
Meanwhile, a recently filed Toyota patent shows the company is developing an internal blockchain to manage non-fungible tokens (NFTs) associated with its vehicles.
The system is designed to allow dealers to accurately represent the vehicles they own on a blockchain ledger before they are sold.
Both companies appear to be adjusting their strategies to focus on "driver assistance technology" rather than self-driving cars. At a recent meeting attended by representatives of autonomous vehicle makers, the companies remained optimistic.
However, the industry as a whole was of the opinion that there are still issues that need to be resolved before self-driving taxis can be commercialized.
2024/09/13 10:13 KST
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