Car eWallet technology, Secure Payments “On The Go” With Blockchain Technology

At the core of stakes, we have an open automotive transaction platform for mobility services based on blockchain technology; we have Car eWallet with the potential to radically change the way manufacturers, suppliers and service providers process digital transactions and considerably simplify the use of vehicle services; we have transactions and payments between vehicles and other machines.

In fact, ZF, UBS and IBM will soon be jointly developing an open automotive transaction platform for mobility services based on blockchain technology. 

For those who are unfamiliar, Car eWallet is an innovative, digital assistant in the car that allows secure and convenient payments even on the go. The Car eWallet is based on the IBM Blockchain technology, which makes it possible to synchronize the information of each participant in the network in a reliable and unchangeable data record.