Ford joins Cardano: Details
The decentralized cloud service that is based in Kardano is its headquarters Declare Ford, the legendary car manufacturer, will work as a project consultant, which aims to address issues related to dealing with documents.
Large companies such as Ford produce large quantities of sensitive legal data that include the deposits, records of the court, etc. However, this data tends to be widespread through different systems and teams. It is difficult to use this data due to the ineffective management. Moreover, it tends to be subject to potential security violations.
In cooperation with the Cloudcourt software, Iagon develops evidence of the concept (POC) that can solve the problems mentioned above by allowing companies to manage data in a safe and effective way.
The Cardiano project will combine its headquarters to store the decentralized cloud in Iagaon and the artificial intelligence -based legal tools from Cloudcourt to process and analyze texts.
Ford will provide some advisory inputs based on its experience as Fortune 500 with a large legal section. The auto manufacturer will evaluate the efficiency and feasibility of data storage paths and a audit auditing. Blockchain -based project will be compared to traditional solutions.
Iagon has confirmed that Ford’s participation in the project shows that Blockchain is now gaining strength towards financing.
This is not the first Ford Battle in Blockchain. In 2019, the prominent car manufacturer also held a partnership with IMB, LG CHEM and some other companies to use technology to ensure moral cobalt mining practices. He was also the founder of the Mobi Blockchain initiative created with BWM, Renault and General Motors in 2018.
In September 2022, the company provided a large number of brands associated with salt.