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Truth-Telling in Auto Lending is Coming: Blockchain Technology & Smart Contracts May Replace Your Auto Finance Guy, Controller, & Maybe F&I & Floor Planning at the Dealership.
2016-09-02 00:16:20| AutomotiveDigest.com - Automotive Industry News
SITUATION: Blockchain Tech to be Auto Lending Game Changer: Mashes up cryptography & peer-to-peer networking. Creates a shared database of transactions & other information. A blockchain is an ever-lengthening chain of blocks of data. Toyota Financial Services has used Blockchain & smart contracts. Delinquent auto loans automatically transfer ownership & loanee cant use the car. All parties to know all about auto loans, rates, apps, stips, & fine print. SIGNIFICANCE: Blockchain could reduce need for businesses to organize as companies. Collaborators will work together as free agents instead of under bosses. Blockchain could replace bankers, accountants, & lawyers, escrow accounts, insurance, & verification of payments & performance of contracts. Truth-telling feature of Blockchain makes it enormously useful to banks. Ethereum, goes beyond ledger function; Works more like Google Docsshares SW that can be used by all but is tamperproof. Start getting up to speed on BlockChain with an in-depth Bloomberg article. ______________________________________________________________ The Article Truth-Telling in Auto Lending is Coming: Blockchain Technology & Smart Contracts May Replace Your Auto Finance Guy, Controller, & Maybe F&I & Floor Planning at the Dealership. appeared first on Automotive Digest.
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VW diesels owners say, Well take the buyback, not the repair
2016-09-01 20:07:43| Extremetech
At least half of owners say they want VW to buy back their four-cylinder diesel cars. Fence-sitters have two more years to decide what to do.
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The Bureau of Development Services Announces Search for Members of the Public to Serve on the Historic Landmarks Commission
2016-09-01 18:50:43| PortlandOnline
The Bureau of Development Services has announced a search for interested applicants to fill upcoming vacancies on the City of Portland Historic Landmarks Commission.
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Due to repaving of the road on Country Squire Dr the 5Green/5W Hopper with be rerouted.
2016-09-01 18:04:45| CUMTD Alerts
5E Green: Kinch to Rainbow View to Hunter to Lierman to Regular route.5W Green & Hopper: Lierman to Hunter to Rainbow View to Kinch to Regular route.This will start on the start of the business day on 9/02/16.
'Here is the truth'
2016-09-01 15:43:35| BBC News | Business | UK Edition
Apple chief executive Tim Cook says the European Commission is "picking on" Ireland and that "no one did anything wrong", but is he right?
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