EY Creates Blockchain For Shared Transportation

Blockchain, Innovation | September 4, 2017 By:

Accounting and services firm Ernst & Young (EY) has developed a new integrated mobility platform that uses blockchain technology to permit fractional vehicle ownership.

Called Tesseract, the platform facilitates shared use and seamless multi-modal transport. Tesseract will digitally log vehicles and trips onto a blockchain while facilitating multi-party vehicle ownership.