[Golden Finance] According to reports, Ford Motor Company announced that it will serve as an advisor for Lagon, a decentralized cloud service based on the Cardano Blockchain. This collaboration marks another move by the automotive giant into the blockchain space, as Ford will work with legal tech company CloudCourt on a proof of concept (PoC) project, focusing on the digitization and security of legal data. The plan aims to address a long-standing issue faced by large enterprises: managing and protecting sensitive legal documents such as court records, testimonies, and compliance reports. The project combines Cardano Blockchain with AI technology to provide immutable audit trails for legal documents under a zero-trust architecture.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Ford Motor Company becomes an advisor to the Cardano Blockchain project Lagon, focusing on legal data security.
[Golden Finance] According to reports, Ford Motor Company announced that it will serve as an advisor for Lagon, a decentralized cloud service based on the Cardano Blockchain. This collaboration marks another move by the automotive giant into the blockchain space, as Ford will work with legal tech company CloudCourt on a proof of concept (PoC) project, focusing on the digitization and security of legal data. The plan aims to address a long-standing issue faced by large enterprises: managing and protecting sensitive legal documents such as court records, testimonies, and compliance reports. The project combines Cardano Blockchain with AI technology to provide immutable audit trails for legal documents under a zero-trust architecture.