Daimler Automaker Completes First Finance Trade on the Marco Polo Blockchain

A popular car manufacturer, Daimler has carried out its first transaction ever on top of the Marco Polo blockchain network. The company, which owns the Mercedez-Benz brand, used the blockchain platform to process data between them and Dürr, a company focused on creating car parts. Landesbank Baden-Württemberg was also involved in the transaction.

According to reports, the pilot involved the delivery of a balancing system for Schenck, a subsidiary of Dürr, and was completely made on the Marco Polo network. As soon as the delivery was made, the data was entered and the network automatically triggered the payment.

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