common-close-0
BYDFi
Trade wherever you are!

Which VWAGY subsidiaries offer services related to cryptocurrencies?

avatarNghia TranDec 18, 2021 · 3 years ago3 answers

Can you provide a list of VWAGY subsidiaries that offer services related to cryptocurrencies? I'm interested in knowing which companies under the VWAGY umbrella are involved in the cryptocurrency industry.

Which VWAGY subsidiaries offer services related to cryptocurrencies?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Sure! Volkswagen AG, the parent company of VWAGY, has a few subsidiaries that are involved in the cryptocurrency space. One of them is Porsche, which has been exploring blockchain technology and even launched a pilot project that uses blockchain to improve the efficiency of charging electric vehicles. Another subsidiary is Audi, which has partnered with IOTA, a cryptocurrency project, to explore the use of blockchain in the automotive industry. These are just a couple of examples, but there may be other VWAGY subsidiaries that are also involved in cryptocurrencies.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! VWAGY has several subsidiaries that offer services related to cryptocurrencies. For instance, MAN SE, a commercial vehicle manufacturer under the VWAGY umbrella, has been researching and developing blockchain solutions for supply chain management. Additionally, Volkswagen Financial Services, the financial arm of VWAGY, has expressed interest in blockchain technology and its potential applications in the financial industry. It's worth noting that the extent of involvement may vary among subsidiaries, but VWAGY as a whole is definitely exploring the opportunities presented by cryptocurrencies.
  • avatarDec 18, 2021 · 3 years ago
    Oh, VWAGY and cryptocurrencies, an interesting combination! While VWAGY itself may not directly offer services related to cryptocurrencies, some of its subsidiaries are actively exploring the potential of blockchain technology. For example, Porsche, a subsidiary of VWAGY, has been experimenting with blockchain applications in the automotive sector. They have even conducted a successful pilot project that leverages blockchain to improve the charging process for electric vehicles. So, although VWAGY may not be directly involved in cryptocurrencies, its subsidiaries are certainly keeping an eye on the blockchain revolution.