Tag: Carsharing

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100 tokenized Teslas ‘democratize’ and ‘decentralize’ Web3 ride sharing

The co-founders of ELOOP and Peaq told Cointelegraph that tokenizing high-value assets, like a fleet of ride-sharing cars, will help bring Web3 into the mainstream. A Vienna-based car-sharing service company has outfitted nearly half of its 200+ fleet of cars with blockchain-based self-sovereign IDs for tokenization purposes. On June 27, the car-sharing service Eloop and…
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Automakers are minting NFTs, but is there a strong use case?

Would you buy a car you can’t drive? The latest NFT trend is here, but some are divided on whether it will stick around. Just before the turn of the 19th century, Carl Benz announced what is now widely considered as the world’s first commercial automobile. At the time, it would have been impossible to…
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