Back in 2017, the EU brought out a regulation that mandates systematic protection of the odometer reading. This is because, according to the German police, more than 2 million cars are sold each year with falsified data, not just shortly before the sale, but throughout their useful life.

Italian car manufacturer Alfa Romeo recently unveiled the 2023 “Tonale” SUV model. In order to combat the fraud that is nevertheless strongly prevalent in the used car trade. Here, the manufacturer relies on the use of blockchain technology. This is a blockchain certificate that is created at the customer’s request and provides data such as equipment, color, vehicle version as well as mileage, driving cycles or even battery status.