Standards non-profit GS1, along with SAP, has developed a blockchain prototype for tracking the life-cycle of tires. The duo is working on a project to digitalize tire retread activities to improve road safety.
Tire treads can be renewed several times before a tire is discarded. The process causes less harm to the environment than manufacturing a new tire. Additionally, it also saves money for vehicle fleet owners. However, keeping track of the retreads for a particular tire is cumbersome.
When a tire reaches a retreading shop, it undergoes various inspections to gauge if it can endure the process. The problem is there is no way to tell how many times a tire has been renewed. In these circumstances, it’s difficult to know whether the manufacturer’s warranty will cover the tire.
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