Category Archives: Elon Musk

TESLA Blockchain and Cryptocurrency Ties

TESLA Blockchain and Cryptocurrency Ties | Chico Crypto

Welcome to this blockchain and cryptocurrency video posted by Chico Crypto. In this video Tyler talks about Tesla (founded by Elon Musk) and the news surrounding blockchain and crypto project ties.

CargoSmart, SIPG, and Tesla

The blockchain-based logistics company CargoSmart along with SIPG and COSCO, have been working with Tesla to trial a blockchain application that shortens the cargo release time of completed vehicles and releases them to owners faster than before.

Tesla blockchain shipping logistics trial

Which blockchain is being used

  • Looking at cargosmart.io a partner in the global shipping alliance. We can see that CargoSmart is a software company funded by Orient Oversease Container Line (OOCL). This company is creating the blockchain software that Tesla is and will be using for shipping and end-user delivery logistics. It is important to note that OOCL is not just a new blockchain software startup with no proven history. It is an extension of one of the most powerful shipping line companies in the world.
  • CargoSmart recently completed a PoC with eTradeConnect where they demonstrated value in cross-network collaboration in trade finance.
  • Collaboration between banks, shippers, terminal operators, and ocean carriers make up a new consortium called the Global Shipping Business Network (GSBN).

Who is leading the build of the Tesla blockchain - eTradeConnect

  • eTradeConnect is part of Hong Kong InterBank Clearing Limited (which is part of the Hong Kong Monetary Authority).
  • A single purpose company to provide trade and trade finance to local and overseas participants using distributed ledger technology (DLT)

Tech being used for the Tesla blockchain solution - OneConnect

  • Ping An, part of Ping An Bank, which runs OneConnect - a blockchain service. OneConnect has filed for over 3000 blockchain patents.
  • OneConnect is the blockchain looking to be used with Tesla factory in China
  • FiMAX by OneConnect looks to be the architecture that will be used. FiMAX BNaas and FiMAX S3C to be precise which was made originally by the founder of Hyperledger Fabric.
  • Baseline, UniBright, Chainlink, and ShipChain may also be part of the Tesla blockchain solution with Ethereum as a component that ties all these together.

Tesla blockchain news

Tesla and Elon Musk are getting their feet wet in the blockchain space. It seems as if Tesla is testing a blockchain solution at one of the Gigafactories in Asia. The breadcrumbs reveal a number of crypto projects that could have ties to the Tesla blockchain components and supply chain. Watch the video above to learn more about Tesla and possible crypto partners.

Check out Elon Musk talk a bit about Bitcoin and cryptocurrency and view our wishlist for blockchain features we would like to see available with the release of the CyberTruck - View here.

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Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy. This page contains sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.

Tesla CyberTruck Blockchain and Cryptocurrency Features

Tesla CyberTruck Blockchain and Cryptocurrency Features

Welcome to this blockchain and crypto video by HyperClips. In this video, you will hear Elon Musk talk a bit about blockchain and cryptocurrencies.

Tesla CyberTruck, Model S, 3, X, Roadster Operating System

Blockchain interoperability will play an important role in the coming years. Companies that recognize this will have a leg up on their competitors. Elon Musk is well aware of the capabilities and uses that blockchain offers.

The blockchain niche relates to a more tech-savvy aging population that takes individual rights and freedoms more seriously. People use blockchains for exchanging goods and services, payments, store of value, programming and smart contract execution machine.

With blockchain technology, you are able to verify the authenticity of something such as an identity of a person, place, thing, or digital representation of something.

Blockchain connectivity is an important functionality for web browsers and device operating systems to have. Blockchains such as Ethereum allow for code to be created that controls digital value, runs exactly as it is programmed, and can be used 24/7 anywhere in the world. This is a very powerful platform that has 1000's of developers working various projects.

One can speculate that Tesla's operating system will be packed full of various features that are in some way or another connected to blockchains.

Tesla CyberTruck Blockchain Cryptocurrency

CyberTruck Blockchain Features

wish list

  • Hardware wallet software integration (example Ledger Live)
  • Authenticity reference number (proves your vehicle is genuine/paired to a non fungible token)
  • Dapps (through the tablet and mobile interface)
  • Location/Tracking (private, secure, access through private key login)
  • Purchase and Sale of the vehicle (peer 2 peer Tesla market place/paired to a non fungible token)
  • Data storage (Storj/IPFS integrations)
  • Rewards for activity, recharges, community involvement, etc (TSLA will have their own digital currency)
  • Performance feedback (distributed metrics)

Unanswered Questions about Tesla and Blockchain

Will Tesla make their own cryptocurrency? Will Tesla use an existing cryptocurrency such as Ethereum or Bitcoin? What blockchain functionality does Tesla have? Will Tesla use oracles and Chainlink? Will Tesla use Kyber Network?

Tesla Gigafactory and Blockchain Logistics Partners

Check out recent news uncovered by Chico Crypto related to Tesla and the blockchain tech they look to be pilot testing.

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Search for a Digital Asset or ICO

Popular Links:

Digital asset rankings and prices

Recently added crypto videos

Cryptocurrency influencers and blockchain channels

Upcoming blockchain events and conferences

Upcoming, active, and past ICOs, STOs, TGEs

Top paying blockchain affiliate programs

Blockchain marketing and public relation services
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy. This page contains sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.

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