Blockchain helps verify and trace multistep transactions needing verification and traceability. It can provide secure transactions, reduce compliance costs, and speed up data transfer processing. It allows for tighter controls on how data is updated throughout the system. 

• We are working with a Tier-1 auto supplier to build a Blockchain-based system to track and trace Electric Vehicle systems from the time of manufacture to their final disposal.  The system can be used by a wide range of organizations such as manufacturers, integrators, retailers/dealers, repair facilities and end customers to securely track the history products through their entire life cycle.