Ford Uses Blockchain Technology to Track Its Green Miles Project
In yet another innovative application of blockchain, American automaker Ford has decided to use open ledger technology along with geofencing techniques to track the distance covered by its energy-efficient vehicles. The company has given the name “Green Miles” to this project.
Ford has announced the expansion of its pilot project involving plug-in hybrid electric vehicle (PHEV) to Cologne (Germany). The Pilot project is currently running in Europe, and the company is analyzing the various kinds of benefits realized owing to the use of PHEV. The areas in which Ford is tracking the benefits primarily include the improvement in the air quality (environment) and the difference it makes in the life of the owners of the vehicles. During this expansion phase, one Tourneo Custom Plug-In Hybrid people mover and nine Ford Transit Custom Plug-In Hybrid vans will be inducted.
All the metadata related to emissions will be recorded on the blockchain, which will be then be used to find whether these PHEV have made some significant differences in improving the quality of the environment and life of the customers or not. Mark Harvey, director, Commercial Vehicle Mobility, Ford of Europe, said that the company is committed to the goals of sustainability and environment protection, and by expanding the operational scope of this project, Ford is confident of achieving its goal of providing cleaner air quality to citizens.
So that you know, many cities in Europe are introducing stricter emission norms to help cut the menace of air pollution and rapidly degrading environment quality. Ford is quite confident that by combining the prowess of blockchain and geofencing, it is going to achieve its goals on the sustainability front. Gunnar Herrmann, chairman of the management board, Ford-Werke GmbH, said that the blockchain technology used by the company in Cologne is very secure and its ability to provide tamper-proof data will help them to have a genuine record of emissions data related to these PHEV. That, in turn, will prove beneficial as all the stakeholders will have genuine data to further work upon.