Cryptocurrency News

New Alfa Romeo SUV uses NFT and blockchain to track car records

Italian carmaker Alfa Romeo has unveiled its latest vehicle, the Tonale SUV. The firm claims that it is the first in the industry to connect each vehicle to its own blockchain-based token, which can keep track of the car’s whole life cycle.

One of the most distinctive features of this SUV is that each car is linked to an accompanying nonfungible token (NFT). The Tonale NFT, according to Alfa Romeo, certifies a car upon purchase and then simply records and keeps data during the vehicle’s lifespan. Francesco Calcara, head of global marketing and communication at Alfa Romeo, said:

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