Blockchain technology is already having a massive impact on the automotive industry. From manufacturing to insurance, and many more potential applications, blockchain is changing the industry for the better. Along with immutable data, so-called ‘smart contracts’ is changing the way we experience vehicle ownership.
Automakers and industry stakeholders need to co-operate and work together to unlock this immense potential that blockchain technology holds. VINchain’s long list of partners is testament to this, as it allows them to offer services such as reduced insurance premiums, vehicle history reports, and car services (purchased with VIN tokens).
We’re one step further in our expansion and quest to bring VINchain to Europe by way of the United Kingdom. We have some thrilling updates to share about our growth in Edinburgh, London and beyond. We’ve devoted ourselves to examining the ecosystem and opportunities of the region and have met with valuable investors to secure mentorship and funding.
We had the pleasure of visiting the University of Edinburgh Incubation Programs, where we spoke about blockchain technology, our approach to data collection and about what it means to innovate.
Next, we were able to get acquainted with Codebase, who help spread ideas among like-minded startups, learning specificities across the industry.
We enjoyed a session at Galvanise Capital which outlined how to structure and conduct business
in Scotland, and also met with lawyers and venture capital investors. Met at Scottish Enterprise Session with ecosystem players and visited SkyScanner - a leading global
travel search s…