World’s first DIGITAL LICENSE plate, to hit California…..

Posted on January 17, 2018

Reviver Auto, creator of the world’s first digital license plate, today announced that 100,000 RPlate Pros will hit roads in 2018 and Galpin Ford, the number one Ford dealer in the world, is among the first to sell the RPlate to consumers in California.

The RPlate Pro, the latest iteration of the company’s digital license plate, was unveiled today at the North American International Auto Show (NAIAS) (Reviver Auto’s press conference will be held on Tuesday, January 16th from 3:05pm – 3:25pm ET at the Atrium Stage. Click here to view livestream or archive of the press conference).  Featuring a sleek display that integrates beautifully with today’s – and tomorrow’s – vehicle styles, the RPlate Pro creates new functionalities and efficiencies for consumers and businesses alike. The digital plate is in use in California and in pilot in Arizona. Legislation is approved for pilots in Texas and Florida – with more states to be announced this year.

“The license plate has not changed since Henry Ford debuted the Model T in 1908.  Today, 110 years later, change finally hits the road as the RPlate Pro launches into one of the largest vehicle markets, and most technologically progressive landscapes, in the world, with more to follow,” said Neville Boston, CEO of Reviver Auto. “We are proud that the incredibly innovative Galpin Motors is the very first of what will be many customers across the US who will help us bring our mission of greater connectivity and efficiencies to tens of thousands of vehicle owners and businesses.”

“When I saw the digital license plate from Reviver Auto, I thought it was absolutely awesome!” said Beau Boeckmann, President and COO of Galpin Motors of North Hills, CA. “Galpin has a long history of industry firsts and innovation, all revolving around better serving our customers. So, when we saw this digital license plate, it was natural for us to jump in! We are looking forward to providing Galpin customers another industry first.”

The RPlate Pro transforms the stamped metal license plate into an integrated, elegant digital display that functions as a legal license plate, while adding new digital communications facilitated through RConnect, a browser-based management system that was also unveiled today at NAIAS.

Among the functionalities RConnect makes possible for consumers are automated DMV renewals – replacing legacy stickers and onerous paperwork with digital decals; implementation of charity plates in support of a favorite cause[1]and the display of DMV-approved personal messages like “Don’t Drink and Drive” or “My Child is an Honor Student.” Cost-cutting benefits for businesses include streamlined vehicle registration renewals and easily tracked registration compliance across vehicle fleets, as well as the ability to create customized marketing messages that appear on the plate when parked.

Reviver Auto’s RPlate Pro can be seen in booth #MS06 at The Detroit Auto Show’s Automobili-D showcase. A video of the press conference can be viewed here.

About Reviver Auto
Reviver Auto’s mission is to bring new and far-reaching efficiencies, revolutionary marketing, and unprecedented connectivity to the auto industry through disruptive technology. With its RPlate, the company has completely reinvented the 125-year-old stamped metal license plate into a connected car platform that digitizes and automates the costly, often frustrating and time-consuming DMV renewal process. Approved by multiple DMVs and DOTs, the RPlate also provides telematics functionality and brings a new level of personalization to existing license plates. For more information visit

[1] Current, DMV-approved charity plates only


Posted on February 23, 2020

DMV VIN VERIFIERS verify your Vehicle Identification Number at the request of DMV to complete your  CA DMV Registration request.


A verification of vehicle is always required for:

  • Registration of a vehicle last registered out of state. (see exceptions on the next page).
  • Reregistration of a previous “junk” or “salvage” vehicle, unless the application contains a CHP Certificate of Inspection (CHP 97C) form.
  • Registration of a specially constructed (SPCNS) motor vehicle or trailer.
  • A vehicle for which DMV does not have a record, except a new vehicle reported sold by a licensed California dealer on an Application for Registration of a New Vehicle (REG 397) form.Recording an engine change, motorcycle engine case change, or change from engine number to vehicle identification number (VIN).
    • Assignment of an identifying VIN number by DMV.
    • When the VIN shown on certificates is different from the VIN shown on record. (including vehicles being junked).    MAKE AN APPOINTMENT TODAY!

Lien Sales – DMV – CA

Posted on June 12, 2019

What is a CA DMV Lien Sale..

Lien Sales – CA DMV

If a person has repaired, furnished supplies or materials, towed or stored a vehicle AND has not been paid for the services rendered, that person has a lien against the vehicle. The lien arises at the time the registered owner is presented with a written statement of charges for completed work or services.

If the vehicle is towed by a public agency or private towing company, the lien arises when the vehicle is towed or transported. The lien may be satisfied by selling the vehicle through the lien sale process.

To conduct a lien sale, the person/lienholder must have possession of the vehicle and have lien sale authorization from DMV. Interested parties, including the registered and legal owners of record will be notified before the sale occurs.

If the vehicle’s value is $4,000 or less, the registered and legal owners of record will be notified by the party conducting the lien. If the vehicle’s value is greater than $4,000, DMV notifies all interested parties.



How To: Conduct a Lien Sale for a Vehicle. LIEN SALES in CALIFORNIA BY Lienworks.

Posted on February 13, 2019


How To: Conduct a Lien Sale for a Vehicle Valued at $4,000 or Less (HTVR 7)

PDF Versions

General Information

If a person has repaired, furnished supplies/materials for, or towed or stored a vehicle and has not been paid for the services rendered, that person has a lien against the vehicle. The lien may be satisfied by getting a court judgment or by selling the vehicle through a lien sale process outlined in the California Civil Code (CCC). To conduct a lien sale, the person/lienholder must have possession of the vehicle.

NOTE: Salvage pools and charitable organizations cannot conduct a lien sale to obtain title to a vehicle.

The lien arises (becomes effective) at the time the registered owner is presented with a written statement of charges for completed work or services. If, however, possession is the result of a public agency or private property impound, the lien arises when the vehicle is transported (towed).

The legal owner must be notified before the service may be performed if the amount of any repairs or service exceeds $1,500 or the storage charges exceed $1,025.

Before conducting a lien sale, the lienholder must determine the value of the vehicle. If the vehicle’s value is greater than $4,000, see the brochure HTVR 8, “How To: Conduct a Lien Sale for a Vehicle Stored at a Self-Service Storage Facility or Valued Over $4,000.” If the vehicle’s value is $4,000 or less (CCC §3072), the registered and legal owners of record will be notified by the party conducting the lien sale. Call 916-657-7617 between 8 a.m. and 5 p.m. if you have questions regarding lien sales.

Determine the current market value of the vehicle

If the vehicle value is $4,000 or less, follow the steps below. These lien sale procedures cannot be used for a:

  • Vehicle valued over $4,000
  • Lien incurred at a self-service storage facility
  • Vessel and/or a vessel and trailer combination
  • Mobile home as defined in the California Vehicle Code (CVC) §396 as a trailer coach more than 102 inches wide or more than 40 feet long.

To start a lien sale for a vehicle valued at $4,000 or less

Step 1. Finding the vehicle’s owner

Within 15 days of the date the lien sale arises, complete a Registration Information Request for Lien Sale (INF 1126) form and submit it to DMV. The DMV will provide a vehicle history record with the registered and legal owner(s) of record and known interested parties. Owners identified from incomplete transfers are included as interested parties.

If there is a Vehicle License and Title “stop” on record, send a copy of the printout to the Lien Sales Unit (address below) with the lien sale possession date and the name and address of the person conducting the lien sale. The Lien Sales Unit will review the “stop” to determine if a lien sale can be processed. A letter will be mailed to the company/individual conducting the lien sale to advise if it is OK to proceed with the lien sale or not. If the lien sale cannot be conducted, contact information will be provided so that the necessary steps can be taken to remove the “stop” and proceed with the lien sale.

Improperly identified vehicles can invalidate a lien sale and require the lienholder to reapply for a lien sale even if the vehicle has been sold.

Step 2. Starting the sale process

At least 31 days, but no more than 41 days before the sale date (not counting the day the notice is mailed), send a Notice of Pending Lien Sale for Vehicle Valued $4,000 or Less(REG 668) by certified mail (return receipt requested)* or U.S. Postal Service Certificate of Mailing to all of the following:

  • Registered owner(s)
  • Legal owner(s)
  • Any known interested parties
  • * To DMV by certified mail only

Mail the REG 668 notice to each person listed above and enclose a return envelope pre-addressed to DMV.

If DMV has no record of this vehicle, you need to send only a REG 668 to each interested party known to you and one to the DMV at the following address:

Department of Motor Vehicles
Lien Sales Unit
P.O. Box 932317
Sacramento, CA 94232-3170

Step 3. Posting the sale notice

At least 10 days prior to, and including the sale date, a REG 668 must be posted in a conspicuous place at your business office. If the sale occurs at a place other than your business office, a REG 668 must be posted at the sale site. When posting the REG 668, fold the document so the registered owner, legal owner, and interested party addresses are not visible.

Step 4. Opposition to the lien sale

The department will deny the lien sale or cancel the authorization requested by the lienholder (or its agent) in possession of the vehicle if it receives a declaration of opposition (part of the REG 668 form). In such cases, the lienholder may pursue continuing the lien sale by obtaining and submitting any of the following to the department’s Lien Sales Unit:

  • The original signed copy of a release of interest from the opposer. This can be a letter or Statement of Facts (REG 256)
  • A copy of the court judgment with a copy of the plaintiff’s claim and Statement of Facts (REG 256 (PDF)) stating, “A court judgment has been received in the lienholder’s favor. It has been at least 35 days and no money has been received.”
  • A completed and signed Application to Continue Lien Sale After Unsuccessful Service (PDF) form (REG 659) and court documents.

After receiving the documents, DMV will send a letter allowing the sale to continue.

Step 5. Day of lien sale

On the sale date, the vehicle must be available for inspection at least one hour prior to the sale. A lien sale is a public auction. Anyone may appear and bid. Sealed bids are notallowed.

Step 6A. If you sell the vehicle

Complete the Certification of Lien Sale for Vehicle Valued $4,000 or Less (REG 168A (PDF) and give it to the buyer along with the DMV vehicle record history information (Step #1) and the postal receipts or the U.S. Postal Service Certificate of Mailing and Posting (Step #2).

If excess money is received from the sale of the vehicle, make a copy of the REG 168A (PDF) and mail the form with the excess money to the Lien Sales Unit within five days of the sale date at the address shown on the REG 168A (PDF).

Remove and destroy the license plates on the vehicle.

Within five days, submit a Notice of Transfer and Release of Liability (REG 138) (PDF) to DMV.

Step 6B. If no one places a qualifying bid

Complete the Certification of Lien Sale for Vehicles Valued $4,000 or Less (REG 168A (PDF)) showing you as both the buyer and seller.

Remove and destroy the license plates on the vehicle. Within five days, submit a Notice of Transfer and Release of Liability (REG 138) to DMV.

If you sell the vehicle later, you are required to give the new buyer a bill of sale with the lien sale documents.

Registering the vehicle after the lien sale

The following are required to register a vehicle sold at a lien sale:

  • Application for Title or Registration (PDF) (REG 343) completed and signed by the new owner
  • Certification of Lien Sale for Vehicle Valued $4,000 or Less (REG 168A (PDF)) completed by the lienholder with the DMV printout and postal receipts attached
  • Printout of DMV record
  • Vehicle/Vessel Transfer and Reassignment Form-Odometer Disclosure Statement (REG 262), if applicable
  • Smog Certification, if applicable
  • Applicable registration and/or transfer fees and use tax
  • Verification of Vehicle (REG 343 (PDF)), if there is no record of California registration.

NOTE: If the vehicle registration expired while in your possession and you are a dealer, lessor-retailer, keeper of a garage, or operator of a towing service, the buyer has 20 days from the lien sale purchase date to pay registration fees without penalty, or pay a transfer fee and a planned non-operation fee. Otherwise, a planned non-operation must be filed prior to the vehicle expiration date or penalty fees are due.

If the vehicle came into your possession with an expired registration, the buyer must pay the registration fees and penalties.

Most vehicles require a smog inspection at the time of transfer. If applicable, provide a smog certification to the buyer.


The required forms are listed on the front of this brochure All of the forms are available online at Go to the DMV Forms menu and select “More.” To obtain a form by mail, call DMV’s automated phone service 24 hours a day, 7 days a week, at 1-800-777-0133. To speak to an operator, call between 8 a.m. and 5 p.m., Pacific Time, Monday through Friday. To order a large quantity of forms, submit your request on letterhead, indicate the form(s) by number or form title, quantity needed, street address (not PO box) for delivery, and telephone number. Submit your request to:

DMV Materials Management Section
Inventory Control Operations
4201 Sierra Point Drive, Suite 112
Sacramento, CA 95834-1998
FAX (916) 928-7900

A token supply of these forms are also available at your local field office.

Dispute Resolution

The lien sale process explained in this brochure is governed by California Civil Code §3072. Disputes between a lienholder and an interested party (including the registered owner or legal owner on the vehicle history records) are a civil matter that can only be decided in court and do not involve DMV.

The department can assist a lienholder by providing:

  • The names and addresses of the registered owner, legal owner, and interested parties from our vehicle history records. (Information retrieved from our records is based on the vehicle identification provided by the lienholder.)
  • Mailing of written approval to hold or conduct a lien sale based on the filing of specific documents or denial to a lien sale based on the filing of a Declaration of Opposition.

NOTE: For registration fees, see the brochure Registration Related Fees (FFVR 34). Because fees are subject to change, visit our website at for the most current information or call DMV toll free at 1-800-777-0133.


California Vehicle Storage Laws, Auto Lien Sales California 2019 AB-2392

Posted on December 11, 2018

Effective January 1, 2019, California Assembly Bill 2392 will take effect. This Bill defines “reasonable” storage and towing fees and bans “unreasonable” fees. Outlines Auto Lien Sales relative to Mechanics Lien Sale in California……..Read Legislation below:

auto lien sale

AB Bill 2392


Lien Sale! What Is A Lien Sale?

Posted on May 20, 2018

Definition of a lien sale
If a person has repaired, furnished supplies or materials, towed or stored a vehicle AND has not been paid for the services rendered, that person has a lien against the vehicle. The lien arises at the time the registered owner is presented with a written statement of charges for completed work or services.

lien sale cars, lien sale californiaIf the vehicle is towed by a public agency or private towing company, the lien arises when the vehicle is towed or transported. The lien may be satisfied by selling the vehicle through the lien sale process.

To conduct a lien sale, the person/lienholder must have possession of the vehicle and have lien sale authorization from DMV. Interested parties, including the registered and legal owners of record will be notified before the sale occurs.


Conduct A Lien Sale on an Abandoned Vehicle in California

CA DMV Lien Sale Info

How to Buy a Car without a Title?

Posted on April 27, 2018

It can be tempting, but purchasing a vehicle without proper documentation can create a plethora of DMV issues.

First, not knowing if the person you are purchasing the vehicle from is the Legal Registered Owner, with permission to sell the vehicle. Which brings you to your second problem; you have no valid signatures that legally transfer the vehicle into your name.

To avoid complex DMV title transfer issues this practice will cause, reaching out to an automobile title company is a smart and effective choice. Here’s how Lienworks, an auto title transfer company can assist you with DMV Title transfers.

1. Research. Determining if the vehicle is salvaged or stolen prior to purchase is extremely helpful. Obtaining a vehicle history record to check title status is a great service to utilize.

2car buying, auto transfer, car title . Bill of Sale. Always document the sale transaction. Obtaining the correct seller/buyer signatures on CA Bill of Sale forms is critical in CA for all vehicle sale transactions.

3. DMV Fees. Calculated the registration fees due at time of transfer can change the value and the terms of the sale. Having this knowledge prior to purchase can better help you make an informed decision.

Smart car buying can save time and money.

CA DMV Boat(Vessel) Trailer Lien Sale & Title Transfer…#1 CA DMV Vessel Lien Sale Processor

Posted on April 07, 2018

California Code, Harbors and Navigation Code – HNC § 503 ….

Allows a lienholder to  apply to the California Department of Motor Vehicles for the issuance of an authorization to conduct a lien sale pursuant to the provisions of this section for any vessel with a value determined to be over one thousand five hundred dollars ($1,500).

This CA DMV Vessel Lien Sale process, allows Lienholders to legally notify all Owners of Record of sale and set an auto auction sale date if vehicle isn’t claimed.

For Professional legal Lien Sale Processing, contact..






auto lien sale

Abandoned car lien sale, Auto Lien Sale, DMV Lien, Car title transfer, dmv title transfer


Legally Remove Abandoned Vehicles from Property! #1 DMV Auto Lien Processing…

Posted on April 07, 2018

California Civil Code Section 3068(a) ,California Department of Motor Vehicles provides that a person who incurs costs for repair, labor, furnished supplies and materials or storage of a vehicle is entitled to a lien on the vehicle to compensate him/her for the costs incurred. The lien arises at the time a written statement of charges for completed work or services is presented to the registered owner, or 15 days after the work or services are completed, whichever occurs first.

This CA DMV Auto Lien Sale process, allows Lienholders to legally notify all Owners of Record of sale and set an auto auction sale date if vehicle isn’t claimed.

Section 3068 permits the Lienholder to satisfy a lien by selling the vehicle through this auto lien sale process.

For Professional legal Lien Sale Processing, contact..





California DMV disengagement report reveals Self-Driving improvements….

Posted on February 02, 2018

California’s Department of Motor Vehicles releases an annual report detailing the number of disengagements reported by companies it has licensed to test autonomous vehicles on public roads in the state. This year, the report reveals some interesting details about the progress of some of those companies, including Waymo, GM’s Cruise and Tesla (sort of – you’ll see what I mean).

Cruise’s numbers were very positive, relatively speaking. The company’s reported around a 1400% improvement in performance, with the number of average miles between disengagements climbing from around 300 miles between each to aver 4,600.

To step back, the CA DMV classifies a disengagement as any event where a human safety driver has to assume manual control of the vehicle in order to 1. intervene in the interest of safety, or 2. take control because the AV system has failed or disengaged on its own.

Cruise’s increase sheds light on why the company and GM seem so confident it’ll be able to launch an actual initial commercial service using autonomous vehicles sometime in 2019, a date it revealed it was targeting earlier this year. Jalopnik reported that one of the company’s disengagements wasn’t in the report, but the company noted that the system wasn’t taken over by the driver due to either safety concerns or a system failure in that instance, hence its omission.

“Cruise’s rapid rate of improvement, in the most complex testing environments, is why we’re confident in our ability to safely deploy self-driving cars in 2019,” Cruise said about the report in a statement to TechCrunch. For example, in November 2017 alone, our reported disengagement rate is equivalent to driving from SF to Detroit and back, in dense traffic the entire time.”

Waymo also saw its performance increase based on the year-over-year disengagement data, and the company tells us thatautonomous self driving has now driven over 4 million miles across the U.S., including 2 million miles driven just last year. Its total disengagement rate dropped to around 0.18 events per 1,000 miles driven, which is about 5,555 miles between disengagements on average – better than Cruise’s rate, though Cruise has claimed its focus on testing in dense urban settings like San Francisco makes its training more challenging.

As for Tesla, it says it didn’t spend any time during the year testing AVs on California roads despite having permission to do so. Tesla’s Autopilot software is considered a Level 2 semi-automated technology, so it doesn’t fall under the category of use covered by the DMV’s AV rules. Tesla also said that the data it gathers from all its cars on the road, combined with AV testing performed “in other settings, including on public roads in various other locations around the world” lets it develop its autonomous tech “more efficiently” than others focused on a few specific spots.

Six Applications for Blockchain in the Automotive Industry…

Posted on January 20, 2018

Since the advent of cars, the automotive industry has always embraced technological advances, but the pace of change has accelerated so rapidly that auto original equipment manufacturers (OEMs) worldwide are struggling to keep up. It is not just connected cars, or even autonomous cars that manufacturers are racing to [safely] bring to market; it is not just 5G connectivity shifting narratives around smart city interactions or in-car experiences; it is not just car-sharing and new business models with which they are experimenting; and it is not just artificial intelligence (AI) or computer vision for which they are recruiting talent. Automotive manufacturers are now facing another potentially transformational technology: blockchain.blockchain, automotive, smart car, auto title transfers,

Tractica defines blockchain as a series of technologies that enable distributed database architecture, wherein the record and verification of a transaction or event relies on multiple parties agreeing on the validity of that transaction, rather than relying on a single centralized authority.

Although blockchain has been subject to more hype than actual in-production, at-scale applications, the technology has undergone rapid developmental steps in the last 3 years. Blockchain technologies offer auto manufacturers, as well as numerous other constituencies across the automotive ecosystem, a range of potential benefits. In fact, blockchain may serve as a key enabler for autonomous cars because it has the potential to facilitate commerce between cars and other devices in scalable architectures and ensure repeatable outcomes/expectations. This is required to: 1) establish value and 2) define trust between stakeholders and machines, both of which are limited in the Internet of Things (IoT) as it exists today.

Tractica’s research identifies 30 distinct use case categories, across virtually every industry. Below are a few of the use cases Tractica has identified for companies in the automotive sector to extract value from ledgers distributed and shared among one another.

Automotive/Internet of Things Interactions

A future of autonomous cars, not to mention “millions or billions” of devices communicating with each other efficiently requires that their interactions and transactions exist on an immutable database of shared, secure, and highly permissioned access. As one example, a shared ledger between automotive OEMs, parts distributors, dealerships, service mechanics, insurance providers, and others could support the ability for parts or equipment within a car to autonomously sense its own needs. For instance, a car could advise the driver about the need for repair, contact remote users for updates or nearby suppliers for replacement parts, negotiate pricing and appointments for service and repairs, authenticate the proper technician, and process the respective payment for services.

An early example of blockchain supporting transparency across the above interactions was recently announced by Renault. The French automaker is piloting a digitized car maintenance program, which uses blockchain as a shared ledger to log all car repair and maintenance history in one place. The next pilot, it says, will focus on vehicle-based microtransactions – essential to integrating the IoT with the exchange of value.

Oaken Innovation recently demonstrated the idea of a blockchain-enabled tollbooth, in which Tesla cars automatically pay as they pass through toll booths, as both nodes (car and tollbooth) have ethereum nodes, which use smart contracts to trigger a machine-to-machine (M2M) transaction.

Auto Financing

Whether an individual, institution, or dealer, few can afford to purchase cars outright; instead, purchasing cars typically requires loans to finance the transaction. Although financing varies somewhat by the nature of the transaction, typical auto financing includes a host of verification steps to which blockchain could be applied for efficiency gains: customer bank validation along multiple phases of transaction setup and execution (in compliance with know your customer [KYC] and anti-money laundering [AML] regulations); issuing letters of credit; review of multiple documents sourced from different locations; investigating actors’ legal structures; scoring and classifying risk; archiving of reviewed documents; etc. In the spring of 2017, Indian automotive OEM Mahindra, created a blockchain incubator focused specifically on the automotive financing use case.

Automotive Title Transfer

The process of transferring ownership from buyer to seller of an asset – a car or other form of property – is one that requires numerous middlemen, phases, and reconciliations to execute. Property records and the “chain of title,” which include leases, titles of ownership, encumbrances, etc., are usually stored in title plants at the county level, which must be maintained and require significant labor resources (thus, higher fees) to search and curate in order to verify a transaction. Blockchain could be applied here to streamline this process, not only by digitizing and securing titles – many titles today are paper-based – but by expediting the time needed to authenticate, validate, and transfer ownership of specific assets.

A company called BigChainDB is developing CarPass in an effort to centralize all information about a car to a shared immutable and transparent database, immune to fraud or tampering. The pass would include title, service providers, prior damage, maintenance, and inspection history, but telemetry and sensor data introduce all manner of possibility in what could be registered on such a ledger. The concept was born in a hackathon in which energy company Innogy, BigChainDB, and Volkswagen Financial Services (VWFS) conceptualize what could be included in a car’s digital record involving telematics data, device data, and financial services data logged onto a blockchain.

Insurance Claim Processing

The current claims process requires extensive manual documentation, submission, and review resources to verify a claim. Entering these events on a distributed ledger could streamline both claims processing as well as subsequent payouts and service contracts associated with financing and executing repairs. Automotive OEMs could potentially use blockchain technologies like smart contracts or private keys to streamline the filing of certain insurance claims, automatically deploy service technicians, or automate payout.

Supply Chain Management

A supply chain consists of all entities and processes involved in getting an item from raw materials to final product for use. Supply chain processes today are opaque, generally not well understood beyond a few degrees of separation, yet made up of ever-growing and evolving networks of products, people, and counterparties. The automotive supply chain is incredibly complex, consisting of numerous types of parts, hardware, software, and firmware suppliers, distributors, dealers, regulatory agencies, insurance companies, and more. Blockchain technologies can be applied to each of the following phases of the supply chain:

  • Product inception
  • Product development
  • Product distribution
  • Product trade financing
  • Product retail and use
  • Product recycling/aftermarket

Various blockchain technologies could also be applied along multiple phases. Security, identity, and permissioning impact anti-counterfeit measures in the supply chain; smart contracts, oracles, and custom code support security and compliance adherence; decentralization allows multiple parties to be involved in any supply chain to participate in shared (permissioned) record-keeping and reference data; and payments and contracts transfer to expedite reconciliation of the deal and the transfer of money and assets from one party to another.

Toyota Research Institute (TRI) recently unveiled a three-pronged strategy (and a slew of partnershipsto reinforce it) in which they see blockchain technology as underpinning data sharing, ride-sharing transactions, and user-based insurance. While this inherently includes numerous use cases impacting supply chain automation and otherwise, Toyota sent a signal to the market loud and clear: it views blockchain as the enabler for vehicles to receive and carry out all manner of instructions and transactions autonomously, and across multiple constituencies.

Loyalty-Based Microtransactions

Rewards programs are a common tool for driving customer engagement, retention, and additional revenue across a variety of sectors, including financial services, retailers, airlines, hotels, grocery, gaming, restaurant, car rental providers, cruises, fuel/convenience stores, and others. But today’s programs leave much to be desired on both sides: for businesses, points go unused and one-time sign-ups do not drive loyalty; for consumers, loyalty programs are rarely integrated and the ability to accrue value is limited. As businesses are awakening to the opportunity to leverage data for highly contextual marketing, the autonomous car represents the next mobile platform, particularly as passengers do more sitting than driving. Companies like loyyal recognize the need for a shared database to manage high volumes of transactions and enable permissioned access and program execution so that loyalty engagements serve both consumers and the numerous organizations with which they interact.

Industry Consortia Emerging as Critical Catalysts of Blockchain

Believe it or not, these use cases are but the tip of the iceberg for potential blockchain applications within the automotive space. That said, scalability, security, and low standardization across the industry remain significant hurdles. The primary challenge facing commercial blockchain in automotive is the sheer number of parties that would need to adopt decentralized ledgers. This, in addition to dynamic and geographically variable regulatory regimes, is why we are seeing industry consortia emerge as critical catalysts in the blockchain space. Toyota recently announced that it is building its own consortium, and that it is also part of R3. Daimler AG joined the Hyperledger project. Meanwhile, the Blockchain IoT Consortium has come together with the sole purpose of coordinating the universe of IoT suppliers around new blockchain-powered use cases. More and more, Tractica expects automotive OEMs to take steps toward blockchain, with industry leaders accelerating their own efforts. The broader the network adoption, the greater the value and efficiency; the inverse of which is also true.