Tagged: automotive industry

Blockchain Platform Ontology (ONT) Aims to Establish Trust in the Automotive Sector with Decentralized Digital ID Solutions

The developers of Ontology (ONT) have noted that they’re focused on establishing trust in the automotive industry through the implementation of a blockchain-enabled, decentralized digital identity solution that allows driving data to be recorded, stored, and verified in “a safe and secure” manner. The developers… Read More

Mastercard Teams Up With OpenText For Financial Processes Across Global Supply Chains Starting in the Auto Industry

OpenText (NASDAQ: OTEX) (TSX: OTEX), a global enterprise information management (EIM) company, announced on Thursday it has formed a new partnership with Mastercard (NYSE: MA) to help companies increase financial efficiencies across global supply chains, starting in the automotive industry. According to OpenText, the collaboration… Read More

DriverUp Auto Financing Platform Revved Up & Ready to Go: Secures $20 Million in Series B Funding

DriverUp, an online marketplace for automotive financing, announced its $20 million Series B round closing. The DriverUp marketplace gives accredited investors an opportunity to enter the $1 trillion auto lending industry and provides dealers with an expedited, streamlined credit process.  New investor SF Capital Group led the round joined by… Read More

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