Blockchain Has Potential in Curbing Odometer Fraud: EU Report

The European Parliament has released a research paper that explores blockchain, among other technologies, in the prevention of odometer tampering.

The report, issued by the Directorate General for Internal Policies, investigates the possible role of blockchain technology in the use case, concluding that it might “present interesting potentials” for effective prevention of fraud through increased transparency and data privacy.

The report explains: […]

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