Automobile blockchain: Various companies around the world began jumping on the blockchain bonanza last year when cryptocurrency spread like a wildfire in the media and grew in popularity.

Everyone tried to see how this new technology could benefit their current systems or even ride the blockchain ‘buzzword’ for a while. Long Island Iced Tea Inc, an iced tea company and tea distributor, jumped on board and changed their name to Long Blockchain Inc to gain some stock momentum as NASDAQ was threatening to de-list them.

Another area that began looking into the distributed ledger …

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