Blockchain is touted to be a solution to complex problems in various industrial domains. The use of blockchain, especially in the automotive industry, is seen as the next disruptive technology. With the advent of cryptocurrencies, consortium formation, and implementations, blockchain is not far from being used along with current technologies and ultimately replacing them. Blockchain has great potential but also comes with specific challenges that the companies are trying to overcome. The use of blockchain in automotive is also indicated by the IP being filed by the companies. A lot of start-ups are also working in the implementation of blockchain in automotive. Through this whitepaper, we tried to focus on opportunities and implementation of blockchain along with potential issues for implementation. We also focused on IP related to automotive blockchain and patenting activity happening in the US.
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