Recently, Cyber Physical Chain (CPChain) and the Mobility Open Blockchain Initiative (MOBI) decided to start a partnership that can have a considerable impact on the crypto and in the auto market.

CPChain is known for being a fully-scale decentralized data infrastructure designed specially for internet of things systems. MOBI is a nonprofit organization that works with big companies from the auto industry to accelerate and promote blockchain in this space.

CPChain has also announced that its token is now listed on KuCoin at the same time that it announced the partnership. The company is also listed on BiBox, ForkDelta, TIDEX and IDEX, also appearing recently in PDash.

According to Dr. Long Chengnian, the CEO of CPChain, the advancements of autonomous vehicles prove that there is a clear need for new technology that can make all these technologies work together and fit well. Blockchain, according to him, can be a great asset in times like this because it is the type of technology that can be very effective to make all these aspects work together.

MOBI was recently formed, it was only started in May 2018. The company is now focusing on acquiring new partnerships like CPChain. It is also working with the companies that makes 70% of the vehicles in the world like BMW, Bosch, Ford, General Motors, Groupe Renault, ZF, Aioi Nissay Dowa and others.

The company has an open source and hopes to stimulate the car industry to use the blockchain technology and to find scalable options for this technology in the industry.

CPChain’s goal is to incentivize the users to share their information and assure quality data to create a marketplace without having to resort to costly third party support to get data.

The values of the two companies align well and they will both work together to make the best of the technology of both companies.

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