China Association of Automobile Manufacturers Has Released A Blockchain Platform for Data Storage

[ChainDD report] April 29 (ChainDD) According to the Securities Times, on April 28, China Association of Automobile Manufacturers (CAAM) organized the "Intelligent Connected Vehicle Data Security Seminar" in Beijing, to discuss the relevant issues of data-based safety supervision and data trust deposit, and to release the blockchain platform of automobile data trust deposit.

The platform takes advantage of the unique data tamper-proof and traceability characteristics of blockchain technology, and can provide data creditworthiness service for enterprises only by uploading data hash value (without uploading any original data).

At present, the platform has been completed construction, from now on can be free of charge for CAAM member enterprises to provide relevant services.

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