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Mercedes joins PlatOn for used car data storage blockchain

Mercedes joins PlatOn for used car data storage blockchain – CoinGeek

Beijing Mercedes-Benz Sales Service (BMBS) has partnered with a blockchain solution company, PlatOn to create a blockchain-based platform that stores data for used cars. According to reports, this new partnership seeks to create a blockchain platform, dubbed as Vehicle Residue Value Management Platform. This platform will be used in calculating the residual value of used cars.