One of China’s largest car manufacturers and the world’s top-selling plug-in car brands has recently debuted a carbon-banking solution, which has been co-developed with DNVGL and VeChain on the VeChainThor blockchain platform.
BYD has held a large share of the Chinese car market for decades, and its latest business-level application moves the data of millions of vehicles to a public blockchain.
The company has confirmed in an initial release of a series of proof of concepts established between all three parties that they have completed a carbon banking solution for vehicles.
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Source: CryptoDaily.co.uk
Original Post: VeChain Partnered With Chinese Car Manufacturer
