BMW steps on the gas to define its ‘blockchain strategy’ with new startup accelerator program


Car manufacturer BMW has taken further steps in defining its blockchain strategy with the announcement of a new startup accelerator program. Two were picked from a category specifically for blockchain startups. With this move, BMW hopes to streamline its “blockchain strategy.” The first of the two blockchain-based proposals came from Supermoney, which is creating a new digital wallet. It claims to provide a platform for customers to buy online and in-store using QR codes. The second comes from Bloom, which uses blockchain’s encryption principles to verify customer identity and credit history without storing the raw data on a localized server.…

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