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February 10, 2022 02:06 pm
Original Link: https://tech.slashdot.org/story/22/02/10/147231/alfa-romeo-is-building-nfts-into-latest-hybrid-car-to-record-vehicle-data?utm_source=rss1.0mainlinkano
Alfa Romeo is Building NFTs Into Latest Hybrid Car To Record Vehicle Data
Italian luxury car maker Alfa Romeo has revealed it will be using non-fungible tokens (NFT) to track and store maintenance records on the blockchain for its new Tonale SUV. From a report: Alfa Romeo, which is owned by Stellantis (formerly Fiat Chrysler), appears to be the first carmaker to utilize NFTs in this way, seemingly in a bid to bring transparency and efficiency to a car market that often relies on third parties to track car records. "Digitalization is a key enabler of our metamorphosis," Francesco Calcara, head of marketing at Alfa Romeo, said in a media briefing. "[The NFTs] will sustain the residual values of our models as we are the first in the market to adopt this next-generation technology." The company says the carâ(TM)s NFT will be able to generate a certificate from records of its maintenance data, but only for service done by certified dealers.Read more of this story at Slashdot.
Original Link: https://tech.slashdot.org/story/22/02/10/147231/alfa-romeo-is-building-nfts-into-latest-hybrid-car-to-record-vehicle-data?utm_source=rss1.0mainlinkano
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