Although not setting itself up for a cryptocurrency, Porsche is looking at how blockchain can be useful in regards to titling. With the blockchains reputation for passing data between parties without the fear of fraud, Porsche is attracted the peace of mind this would create. Furthermore, in addition to a vehicles history and ownership record, data points such as road conditions or traffic which could be distributed across the blockchain and available for other cars on the road to interpret.
Source: MSN
