Blockchain

Expert Voices

Automakers are experimenting with blockchain for AVs

A steering wheel that is split down the middle, showing lines of code in one half
Illustration: Rebecca Zisser/Axios

Blockchain, a nascent technology that offers highly secure digital data tracking, has caught the interest of AV companies and automakers, who are exploring how it can be used to track components in supply chains and protect valuable data.

Why it matters: More complex cars will generate more data and as blockchain technology develops, it could offer a secure way to manage that data while providing additional benefits to passengers.

Expert Voices

Blockchain could help track progress on Paris Agreement goals

Hardware at the SberBit cryptocurrency mining equipment facility. Vyacheslav Prokofyev/TASS
Hardware at the SberBit cryptocurrency mining equipment facility in Moscow. Photo: Vyacheslav Prokofyev/TASS via Getty Images

While some global policies for mitigating climate change and adapting to its effects have been put in place, there is no integrated system to track progress against those goals and evaluate the effectiveness of various approaches.

The big picture: As public and private sector leaders attempt to keep warming below 2 degrees Celsius, a blockchain-based system could allow parties to monitor which strategies to reduce carbon emissions work, which don’t, and how much each contributes.

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