U.S. Patent and Trademark Office published the patent application filed by General Motors (GM) which plan to deploy blockchain to overcome the data woes of self-driving cars, by storing the vehicle data in a distributed ledger. It also visualizes ease of data sharing between local authorities, Insurance, tolls, and other services.
The post GM patent hints blockchain may help autonomous vehicle appeared first on Incrypts.
A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.
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