As a new emerging technology, blockchain is undoubtedly the most eye-catching topic at present. Its decentralized, tamper-proof and distributed storing technologies will revolutionize the traditional internet and the centralized operation pattern. As several industries and fields have already begun to study and explore the application of blockchain technology, a technological revolution is taking place in silence. If you still think you are a vehicle expert who just do not know much about blockchain technology, we can assure you that in five years you will be phased out of the automotive electronics industry.

The automobile industry is among industries that are mostly likely to take advantage of the blockchain technology. World’s top carmakers have already begun their own explorations: Daimler, the German carmaker, issued its own digital currency at the World Congress on Mobile Communications in Barcelona; BMW announced the development of blockchain technology to track mileages of rented cars; Por…