Blockchain technology can revolutionize the automobile industry as technologies like machine learning, high-performance GPS, and sensors did. The technology can prove to be of greater relevance when integrated with the Internet of Things (IoT), big data, and artificial intelligence (AI). Key automakers like BMW, Porsche, Toyota, and more have begun piloting blockchain automobile solutions across various operations like supply chain, security, car service, insurance, and blockchain for autonomous vehicles in recent times.