REVIEW E-Motive PROJECT

 Abstract The automobile market of the future will not be the same as it is now. It will be interconnected to provide on-demand and customized services. These will include autonomous, connected, and shared vehicles, for which blockchain technology will play a significant role. It is the foundation for the next industrial transition. Blockchain technology is the foundation for bitcoin and other cryptocurrencies. However, it is much more than that. Blockchain has several applications in the automobile business. These applications are currently altering the potential to alter goods, services, and processes. It takes a novel approach to data management and transaction execution. Vehicle finance is one example when accuracy and dependability are critical. Some information has emerged from our interactions with executives from throughout the industry. For example, many firms want to learn about and use blockchain but aren't sure where to begin. Our research attempts to contribute to this knowledge. Businesses may then build the most suitable strategy. Connected supply chain, ride-sharing, and on-demand mobility services are possible using blockchain technology. These are the most appealing options with the greatest potential value. However, external variables impact them and are also regarded as the riskiest alternative. Many factors will determine the reasoning and value of investing in blockchain. The first is the company's broad strategic goals, and the second is its capacity and capabilities. Yet, those who do not consider the impact are at risk of falling behind. On the other hand, those who are more proactive will capitalize on opportunities to generate value for their company early.