Tokenization Is the Way to Realize Biden’s Electric Vehicle Overhaul

Blockchain addresses many of these challenges by providing a transparent and secure platform for tracking and verifying the origin, and production. Each transaction, from mining to manufacturing, can be recorded and verified by multiple parties, ensuring that the information is accurate and trustworthy. This transparency can help curb smuggling and dirty mining, making it more difficult for companies to embrace unethical sources. It also creates safety for consumers, as some electric vehicles have recently caught on fire due to quality control issues.