BMW will launch PartChain platform to track auto parts shipments

Automaker BMW Group announced the successful testing of the blockchain-based PartChain platform fortracking supplies of auto parts. The launch of the platform is scheduled for this year.

According to Andreas Member of the Board of Directors of BMW AGWendt (Andreas Wendt), in the testing of the pilot project was attended by 31 manufacturers of headlights, as well as parts supplier Automotive Lighting. PartChain’s open platform made it possible to transparently track the movement of parts from the manufacturer and suppliers, ensuring a safe and confidential exchange of information. To store data with protection against unauthorized access, PartChain uses Amazon Web Services and Microsoft Azure cloud technologies.

BMW intends to introduce PartChain solutionThe automotive giants of the Mobility Open Blockchain Initiative (MOBI) technology consortium, which BMW co-founded in 2018. Wendt added that BMW has selected ten suppliers from different countries who are ready to connect to the platform this year, and in the future their number will increase. BMW plans to use the blockchain not only to exchange information on spare parts for cars, but also to track the supply of scarce raw materials in order to bring the platform to a new level.

Others are interested in blockchaincar manufacturers. Honda and General Motors are exploring the possibilities of this technology to stabilize energy supply. In May, they began developing a method that would allow electric vehicle owners to receive payment for storing energy in batteries and exchange it with project participants. In addition, last fall, MOBI began to develop a proof of concept on the blockchain to track data about cars, including to obtain information about their previous owners and participation in the accident.

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