An interesting read on how blockchain reshapes the $1.8 trillion auto market. https://www.huffingtonpost.com/entry/carfix-reinventing-the-auto-industry_us_5a01fb2fe4b0b422a3c5ccec
The role of the blockchain is something that can be used throughout the entire lifecycle of auto ownership, from purchase to liquidation. When you buy a car, your title, bank loan, and your insurance can all be associated with the blockchain, confirmed and validated. The main idea is that by using blockchain, all the critical elements of a car history are confirmed and traceable: ownership rights, loans, maintenance works, changed parts, etc.