Dr. Miller, CarLive Chain Asia Pacific CEO investigated China’s connected car market and visited YUTU on 30 August 2018.

The major goal of his visit was to promote the application of blockchain technology in China’s automobile industry and the popularity of onboard smart devices.

Dr. Miller pointed out that the AUH Foundation was following closely with the tragic incident where a girl was killed by a DIDI driver. Directors at AUH foundation held a conference call on 26 August to evaluate the safety of online car-hailing. Based on CarLive Chain’s experience in the connected car industry in Europe and America and its mature blockchain chip technology, AUH has decided to advance its schedule to work with third parties to develop data nodes, as well as open token pool and release OBD smart devices.       

According to CarLive Chain, they will open IOV mine to car users this week and are welcoming any cooperation in blockchain application. They have been working with other companies to develop YTminers and consensus algorithm for BYD car miners. CarLive Chain will develop the next generation of YTminers and consensus algorithms of car miners for other car brands in the future.

Dr. Miller suggested that YUTU would be the first leg of his China tour. He will then visit several famous car manufactures such as BYD, Geely Volvo, FAW-Volkswagen, and Chery together with a few smart device manufacturers. CarLive Chain will beef up its efforts in building CarLive Chain ecosystem and more applications could be expected in the future. CarLive Chain aims to improve its value in the connected car industry and bring more interests to its mid-and-long term investors and car users.