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Breakthrough: Open Source Blockchain Ecosystem Solution to Bring Transparency & Data Security to $2.8 T Pre-Owned Auto Industry

2019-02-27 23:02:30| AutomotiveDigest.com - Automotive Industry News

The Auto Finance Industry Problem: The auto industry has long struggled with a lack of transparency and widespread information inaccuracies, from titling all the way through financing, Independent dealers, government agencies, including Departments of Motor Vehicles, insurers, financing companies and individuals. There has been a lack of a standardized system that provides a reliable means of sharing and authenticating information such as vehicle information numbers (VIN), make, model, title, sales and service history. Open source Blockchain operating system has been needed to power the consolidation of data on millions of vehicles to fight fraud and streamline auto information sharing The Solution: Fusion Foundation, a non-profit organization on a mission to build the ideal financial infrastructure, has been chosen by the Automotive eXchange Platform (AXP) to improve access to accurate consolidated data on millions of vehicles in the $2.8 trillion pre-owned automotive industry. See, learn, and understand how this Blockchain Breakthrough will transform the entire Used Vehicle Market the next 3 years or less. ________________________________________________________________ The Article <a href="https://automotivedigest.com/wp-content/uploads/2019/02/AXP-Fusion-Finance-Solutions.pdf"><img src="https://automotivedigest.com/wp-content/uploads/2019/02/Blockchain-Image-450x234.png" alt width="450" height="234" class="aligncenter size-medium wp-image-202317"> <strong><span style="Font-size:150%;">Breakthrough: Open Source Blockchain Ecosystem Solution to Bring Transparency & Data Security to $2.8 T Pre-Owned Auto Industry</span></strong></a> appeared first on Automotive Digest.

Tags: data open auto source

 

Transparency demands sees sustainable cotton gain ground

2019-02-27 18:17:00| Daily apparel & textile news and comment - from just-style.com

Consumer demand for greater transparency from apparel companies has led to sustainably sourced cotton gaining greater market share, according to a new study from the Textile Exchange.

Tags: ground gain demands cotton

 
 

Microbiome analytics brings transparency to supply chains

2019-02-20 13:02:00| Daily apparel & textile news and comment - from just-style.com

An innovation that uses microbe analytics to provide detailed information into global supply chains, in the hope of countering issues such as labour violations, has received a US$14m cash boost which will be used to fuel its expansion.

Tags: supply brings analytics chains

 

Ship Recycling Transparency Initiative Launches Online Platform

2018-12-17 22:12:00| Waste Age

The platform will allow stakeholders and the general public to use shared information to decide on their vessel recycling practices.

Tags: online ship platform initiative

 

Transparency tool drives responsible viscose sourcing

2018-12-10 17:55:00| Daily apparel & textile news and comment - from just-style.com

Not-for-profit environmental organisation Canopy says almost a third of global viscose supply is now verified as low risk of coming from ancient and endangered forests thanks to its Hot Button ranking of global viscose producers.

Tags: responsible tool drives transparency

 

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