Blockchain is a public, distributed, data system that is essentially powered by its users as opposed to a centralized system (e.g., Oracle, SAP, SQL databases), so that each block of data is locked down and connected with the next block, which helps assure blockchain users in the security and integrity of the block of data…

How does blockchain fit to V2V? The immutability of the blockchain-associated data helps guarantee that the IoT associated with the V2V is safe and that criminals cannot redirect traffic, steal vehicles, or cause massive accidents.

In 2017, several companies formed the Mobility Open Blockchain Initiative (MOBI), a nonprofit smart mobility consortium that describes itself as: “… forward thinking companies, governments, and NGOs to make mobility services more efficient, affordable, greener, safer, and less congested by promoting standards and accelerating the adoption of blockchain, distributed ledger, and related technologies in the mobility industry.”
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