Close Menu
AlexaBlockchain
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
Facebook X (Twitter) Instagram
Friday, May 30
  • Advertise
  • Crypto PR
  • Partner
  • Submit Press Release
  • Contact Us
X (Twitter) Facebook LinkedIn Instagram
AlexaBlockchain
Banner
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
AlexaBlockchain
You are at:Home » Blockchain Technology to Improve Efficiency and Transparency in the Global Mobility Supply Chain
Logistics and Supply Chain

Blockchain Technology to Improve Efficiency and Transparency in the Global Mobility Supply Chain

AB News DeskBy AB News DeskJune 14, 2021Updated:June 14, 2021No Comments4 Mins Read
Twitter Facebook LinkedIn Reddit Email WhatsApp
Blockchain Technology to Improve Efficiency and Transparency in the Global Mobility Supply Chain - AlexaBlockchain
Blockchain Technology to Improve Efficiency and Transparency in the Global Mobility Supply Chain
Share
Twitter Facebook LinkedIn Pinterest Reddit Telegram Email WhatsApp

Ford, DENSO, and AWS are among many mobility and technology leaders collaborating with MOBI to roll out industry-wide blockchain-based standards to ensure sustainable sourcing and help track vehicle parts — such as EV batteries — throughout production, use, maintenance, and end of life

MUNICH, June 14, 2021 /AlexaBlockchain/ – Mobility revolutions, like the recent shift toward electric vehicles (EVs), require a fast, safe, and secure supply chain. Emerging digital technologies present us with exciting opportunities to improve the manufacturing process and move parts around the world efficiently and transparently — ultimately resulting in cheaper vehicle ownership. Today, MOBI’s member-led Supply Chain (SC) Working Group releases blockchain-based standards to facilitate this important step forward for the mobility industry.

“Consumers increasingly demand sustainable mobility, such as electric vehicles, and advanced technology, like connected telematics, autonomous driving, and advanced safety features,” said Tram Vo, Co-director and Founder of MOBI. “The standards released by the SC Working Group provide vehicle OEMs and other ecosystem stakeholders with the framework to create a comprehensive, industry-wide, secure data management system that can be used for greater visibility into their global supply chain and facilitate seamless communication to manage production, maintenance, safety, and meet consumer and regulatory demands.”

The vehicle supply chain consists of multiple levels of stakeholders, including manufacturers, tiered parts suppliers, distributors, repair shops, and logistics providers. Such a complex global system can lead to fragmentation and cause challenges for manufacturers, including a heightened risk for disruptions such as the recent global shortage of semiconductors. The clear potential for a blockchain-based solution inspired MOBI to create its Supply Chain (SC) Working Group with the goal of enabling secure data exchange and enhancing parts tracking and traceability from raw material through production, use, and end of life.

“Leveraging emerging technologies such as blockchain will potentially make our supply chains much more transparent, efficient and resilient — including helping manage major disruptions such as a tsunami, fire at supplier site, a global pandemic,” said Cynthia Flanigan, Director, Vehicle Research and Technology, Ford Research and Advanced Engineering. “We also think this technology could augment Ford’s efforts in being a trusted partner to our supply chain.”

The SC Working Group is chaired by Ford, with support from Accenture, AWS, Arxum, Autodata, CEVT, DENSO, DLT Labs, Fifth-9, Honda, IBM, IOTA Foundation, ITOCHU, Marelli, NAIST, Politecnico de Torino, Quantstamp, R3, Reply, SyncFab, and Thirdware.

In pursuit of its goal, the working group thoroughly examined the vehicle parts traceability problem and identified several areas of process inefficiencies and communication barriers, grouped into seven distinct use cases:

  • Business process management
  • Manufacturing
  • Parts traceability and recall management
  • Consumption
  • Ethical sourcing and sustainability
  • Transportation and logistics
  • Finance and payments

“Every automotive customer is unique in its supply chain challenges and goals. Through our involvement in the MOBI SC Working Group, alongside many of the industry’s most influential enterprises, we’re able to understand their needs and contribute to solutions,” said Bill Foy, Director of Automotive, AWS. “With AWS and our Amazon Managed Blockchain (AMB) service, we look forward to helping our customers deliver innovative supply chain solutions. This service, together with the MOBI Reference Implementation Architecture, enables more efficient automotive supply chains for OEMs, suppliers, logistics service providers, and third parties.”

By using blockchain as a trust anchor, SC Standards allow stakeholders to share data and participate in multi-party use cases while maintaining privacy and confidentiality in peer-to-peer communications. The standards also include the creation of decentralized parts identifiers to facilitate two-way traceability along the supply chain and open new opportunities for the rapidly growing EV battery market. MOBI and its members expect that improvements enabled by the SC Standards, together with other MOBI standards for blockchain applications in mobility, will ultimately promote data privacy, reduce frictional inefficiencies, improve mobility services, and enable new business models. You can read the MOBI Supply Chain Standards at dlt.mobi/standards.

About MOBI

MOBI is a nonprofit alliance of many of the world’s largest vehicle manufacturers, startups, governments/transit agencies, NGOs, financial institutions, e-mobility providers, consultancies, suppliers, logistics providers, and blockchain protocols working to accelerate adoption and promote standards in blockchain, distributed ledgers, and related technologies.

MOBI is creating simple blockchain-based standards to identify vehicles, people, and businesses in order to securely exchange and share data, and pay for mobility services, with the goal of making transportation more efficient, affordable, greener, safer, and less congested. MOBI itself is technology and ledger agnostic. For additional information about joining MOBI, please reach out to Griffin Haskins (griffin@dlt.mobi) or visit www.dlt.mobi.

Media Contact:

Kelly Clark, MOBI Communications Manager
Email: Kelly@dlt.mobi | Twitter: twitter.com/dltmobi

SOURCE MOBI

Blockchain in Supply Chain Blockchain Technology Mobility Open Blockchain Initiative (MOBI) Supply Chain
Share. Twitter Facebook LinkedIn Reddit Pinterest Tumblr Telegram Email WhatsApp
AB News Desk
  • Website

AB News Desk is a trained group of web journalists and reporters who collect news from all over the blockchain market landscape. AB News Desk covers developments on Blockchain Industry including Distributed Ledger, Smart Contracts, Digital Assets, Cryptos, FinTech, Bitcoin, DApps, DeFi, and more. To connect, please write to Editor at info@alexablockchain.com.

More AlexaBlockchain

QFSCOIN Launches Affordable Cloud Mining Contracts to Democratize Bitcoin Access

May 30, 2025

NFL Stars Anthony B. Smith, Julius Williams, and Jamie Winborn Join 2B3D Leadership as Team Managers in Astro Bowl

April 28, 2025

Kolwaii Joins Base and Virtuals to Lead the AI Agentic Era Solving the Developer Crisis

April 18, 2025

The 1st Annual African Blockchain Championship Launches April 12th

April 11, 2025

Hashgraph Launches HashSphere, A Private Blockchain for Highly Regulated Enterprises

March 31, 2025

PHILADELPHIA 76ERS, CRYPTO.COM UNVEIL ‘SPECTRUM SHOWDOWN’ MINI-GAME, PART OF TEAM’S WEB3 MOBILE VIDEO GAME SERIES

March 28, 2025
Add A Comment

Comments are closed.

Don't Miss

QFSCOIN Launches Affordable Cloud Mining Contracts to Democratize Bitcoin Access

Liquidium Launches Cross-Chain Bitcoin Lending Without Wrapped Tokens or Bridges

Katana Launches High-Yield DeFi Blockchain Backed by GSR and Polygon Labs

Sony’s Soneium Brings Viral Telegram Game Sleepagotchi to 200M Users via LINE

Trending Topics
  • Blockchain News
  • Blockchain Technology
  • Blockchain Platforms
  • Blockchain Regulation
  • Bitcoin News
  • Ethereum News
  • Ripple News
  • Tezos News
  • CBDC
  • NFTs
Featured Companies
  • Binance
  • Tech Mahindra
  • Huobi
  • Efforce
  • Future FinTech Group
  • SuburbanColors
  • Launchpool Labs
  • Lucky Crab Club
  • SIMBA Chain
  • Bulldog Law
Stay Updated
  • Events
  • Newsletters
  • Follow
  • Follow on Google News
  • Blockchain Directory
Get In Touch
  • Crypto PR
  • Advertise
  • Partner
  • About
  • Masthead
  • Careers
  • Write for Us
  • Submit Press Release
  • Submit Guest Post
  • Contact US
Copyright © 2025. AlexaBlockchain
  • About
  • Advertise
  • Crypto PR
  • Submit Press Release
  • Write for Us
  • Careers
  • Privacy Policy
  • Affiliate Disclosure
  • Disclaimer
  • Contact

Type above and press Enter to search. Press Esc to cancel.