It seems that the automobile industry is warming up to the idea of blockchain. India-based $44 billion automobile manufacturing giant Tata Motors has now started a new program to collaborate with blockchain startups.

The goal is to find innovative blockchain solutions that can be applied to different areas of auto industry for solving various problems.

Company’s announcement in this regard came yesterday. The name of program is Tata Motors AutoMobility Collaboration Network 2.0 (TACNet 2.0), and it aims to emerge as a center of automobile innovation in Tata Motors ecosystem. Tata wants to use it for improving many areas of automobile industry, including:

Parking marketplace

NLP native chatbot

Demand prediction

Real-time monitoring of fuel quality

Authentication of genuine spare parts.

TACNet 2.0 Application Details

Interested blockchain startups can apply for the program directly from TACNet ’s official website . Last date of entries is 29th of September 2019, post which some of the startups will be invited to pitch their solutions to Tata Motors.

The startups with most practical and useful solutions will get a chance to partner with Tata Motors. Clearly, this is a big opportunity for all blockchain startups as Tata is a very well-known and reputed brand around the globe.

Tata Group, the parent company of Tata Motors, also sits in the governing council of Hedera Hashgraph that was launched a few days ago. In short, Tata’s tryst with blockchain is increasing every day. It’s quite possible that very soon the salt-to-software conglomerate may begin incorporating blockchain into its other businesses as well.