BMW Revamps Operations With Blockchain Technology From Coinweb And BNB Chain

BMW is relying on blockchain technology to improve its business model. Now, the company is using technology from Coinweb and Binance.

Coinweb, a layer-2 cross-chain computation platform, announced on December 29 that it has entered into a partnership with BMW to integrate blockchain technology into the automaker’s infrastructure in order to improve the efficiency of financial transactions.

Coinweb stated that the primary goal of this partnership is to provide a completely new experience for BMW’s customers in Thailand. To achieve this, the two companies plan to implement two different roadmaps in 2023.