Ford to Use Cryptocurrency for Vehicle-to-Vehicle Communication System

in bitcoin •  7 years ago 

New reports reveal that Ford is set to use cryptocurrency for a communication system. According to the report, the automobile giant has been issued a patent for Apparatus and methods which is designed to enable vehicle-to-vehicle cooperation to marshal traffic. The updates come shortly after the United States Patent and Trademark Office published a document that grants Ford Global Technologies, LLC patent number 9,928,746 for Apparatus and methods.

Furthermore, the new patent also reveals that the auto company intends to use cryptocurrency technology in order to facilitate communication between vehicles when driving. This is described in the patent as Cooperatively Managed Merge and Pass or CMMP system that is expected to use CMMP tokens to enable the vehicle to vehicle communication. It is believed that the adoption of the new system will lead to the alleviation of a traffic jam as drivers will be able to coordinate themselves in an orderly manner.

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