DOVU, a London, U.K.-based provider of a blockchain-based data marketplace for the transportation industry, recently completed a test with BMW to use ERC-20 tokens and blockchain technology track vehicle mileage, according to a DOVU article posted on Medium. At the end of the 10-week pilot, DOVU produced a custom wallet for BMW. The wallet, which is available for iOS and Android, allows DOVU to measure how tokenization encourages people to carry out certain tasks. The first phase of the project ended with a demonstration to senior BMW staff at the Tate Modern in London. Numerous departments expressed interest in using tokenization to improve their own business areas, DOVU executives said, adding that the startup hopes to continue working with BMW to identify other areas in which blockchain technology can be used to improve its business operations. 🚘
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