Posted on Enterprisetechsuccess.com, By Blockchain Industry Group (BIG)
Blockchain technology is providing auto manufacturers with a real opportunity to shed their current wasteful business practices and embrace a new, more efficient means of conducting business. There has already been some exciting blockchain develops occurring within the auto sector. Let us take a moment to examine how blockchain technology is changing the auto industry forever.
Blockchain technology is perfectly suited for logistics such as supply chain management. Auto manufacturers utilize distributors from all over the globe. By placing their supply line into a blockchain-based protocol, manufacturers can gain valuable insight into inefficiencies currently being encountered in their supply chain.
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