Mercedes-Benz has integrated blockchain into its activities

Major German automaker Mercedes-Benz has developed its own blockchain-based platform to improve control over complex supply chain.

A division of Daimler AG has partnered with the American software development company Icertis. The jointly created platform is designed to store documentation and contracts related to procurement to make the system more transparent and stable.

According to the management of Mercedes-Benz, the blockchain allows tracking the entire process of creating value and the technology has the potential to revolutionize procurement procedures. Adding that it is currently being tested in only one of the many possible applications..

Mercedes-Benz has integrated blockchain into its activities

Another German automaker, Porsche, has previously also announced plans to implement blockchain. not only in their activities, but also in the digital systems of manufactured vehicles.

text: Ivan Malichenko, photo: taxikladis

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