Chinese Car Titan Geely Announces Move Into Blockchain


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Home Crypto Chinese Car Titan Geely Announces Move Into Blockchain Chinese Car Titan Geely Announces Move Into Blockchain February 19, 2021 Crypto Shutterstock image by Jenson Geely, one of the largest car manufacturers in China, has entered a joint agreement with Concordium to develop blockchain solutions. Geely Moves Onchain Geely Holding Group will own 80% of the new venture, leaving the Swiss-based Concordium Foundation with 20%. The two groups aim to “offer businesses and customers access to new blockchain platform-based business models and user DApps for all industries, including the automotive segment,” according to a press release announcing the news....