Luxury carmaker Groupe Renault (PA:) tested its blockchain project aimed to ease compliance certification of vehicle components.
The project, Extended Compliance End-to-End Distributed, or better known as XCEED, grew out of Renault’s partnership with other companies to develop a blockchain supply-chain solution by sharing data. It’s built on the Hyperledger Fabric network and deployed in collaboration with IBM (NYSE:). XCEED tracks and certifies regulatory compliance of vehicle components.
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