In a release highlighting the R&D of XNODE (the official innovation sourcing arm of BMW China), BMW mentions their successful use-cases with China. The article was published on a Chinese Government owned and ran website in an effort to promote R&D across the nation.Original Source: http://www.shanghai.gov.cn/nw2/nw2314/nw2315/nw43978/u21aw1362786.htmlXNODE WeChat Source: https://mp.weixin.qq.com/s/oDaFrHIqTcJxjsC32dHB_Q> 宝马（中国）汽车贸易有限公司去年与“创极无限”合作以来，已实施6个创新项目。区块链项目是其中之一。尤琪告诉记者，他们筛选了五六十家区块链领域的中小企业，最终选择与“创极无限”推荐的唯链合作。这是一家上海企业，提供的技术解决方案很专业，也适合商业化。区块链在汽车行业有什么用途呢？尤琪举例说，在一个用车生命周期里，客户下单买车、保险公司理赔原本是两件不相干的事，而采用区块链技术后，两者就会通过分布式账本数据库产生关联，使相关企业在一个平台上为客户服务。这意味着，区块链能让汽车购买、保险理赔、维修保养等各个环节的企业服务无缝衔接，产生更大的商业价值。“通过合作，唯链的业务已进入德国，还被德国媒体报道，成为上海创新创业的一个案例。”English Translation:BMW (China) Automobile Trading Co., Ltd. has implemented six innovative projects since its cooperation with XNode last year. The blockchain project is one of them. You Qi told reporters that they screened 50 or 60 SMEs in the blockchain field and chose to cooperate with XNode's recommended chain. This is a Shanghai company that offers technical solutions that are professional and commercial. As a decentralized distributed ledger database, what is the use of blockchains in the automotive industry? For example, Yu Qi said that in a car life cycle, customers paying for insurance and insurance company claims are originally two irrelevant things. After using blockchain technology, the two will be related through the distributed ledger database. To enable related companies to serve customers on one platform. This means that the blockchain can seamlessly connect enterprise services in all aspects of car purchase, insurance claims, maintenance and other aspects, resulting in greater commercial value. "Through cooperation, the VeChain (chain-only) business has entered Germany and has been reported by the German media, becoming a case of innovation and entrepreneurship in Shanghai." You Qi said.Some of the notable points to take away are:Since the cooperation with 创极无限, BMW Cars (China) Ltd has deployed six new projects. Blockchain is one of it.Mr/Ms Youqi informs the reported that out of 50-60 Blockchain based SMEs, they finally chose VeChain which were recommended by 创极无限VeChain is a Shanghai-based company which provides very professional solutions for use cases utilizing technology. Their solutions are also suitable for enterprises.So what exactly can Blockchain contribute in the automotive industry?The example provided by Youqi: in a vehicles lifecycle, a car purchase order by customers and insurance payout claims by the same customer are two separate processes and not linked together.With Blockchain technology, both parties (insurer and customer) can connect with each other using a distributed data ledger. Thus, stakeholders can serve customers using a common platformThis means, Blockchain can seamlessly connect the cycle of car purchase, insurance claims, service maintenance etc, creating more industrial value."Through this partnership, VeChain's services have already entered Germany which were even covered by German media, becoming one of the case study examples of Shanghai's new innovative start-ups
Submitted February 20, 2019 at 09:02PM
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