One of the biggest names in the auto industry says no one will own a car in 20 years
Bob Lutz is a former Marine who worked for Ford, General Motors, Chrysler, and BMW, usually as the resident "car guy", says that the auto industry is on an accelerating change curve.
"For hundreds of years, the horse was the prime mover of humans and for the past 120 years it has been the automobile," he said. "Now we are approaching the end of the line for the automobile because travel will be in standardized modules. The end state will be the fully autonomous module with no capability for the driver to exercise command."
IT solutions based on blockchain platforms like VLB Tokens (www.vlb.io) will help automate car maintenance, insurance claim processing, and after market spare parts management.
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