The automotive industry has always been a favorable environment for technological advances. Blockchain allowed automobile manufacturers to pave the way for the future innovations in the fields of safety, real-time monitoring, supply chain logistics, etc. A new market report “Strategic Assessment of Blockchain in Automotive- Analysis, and Forecast, 2018–2026” published…

Attracting new target groups is one of the best ways to increase profits, but is an extremely risky business for luxury companies. A lot of would-be customers, especially those who fall into the lower social layers, can damage a company’s reputation, since the main purpose of luxury is to make…

This week Porsche of Great Britain teased its first battery-electric car on Twitter, and we assure you that can become an object of envy. They announced that the new car will be able to go from 0 to 62 mph in 3.5 seconds, which is pretty fast for an electric…

In the 21st century owning a car has become a necessity instead of a luxury. More and more people, even in developing countries, are purchasing their own cars increasing the damage to the environment caused by emissions of carbon dioxide. Most countries are introducing regulations to limit the negative effect…

Last Thursday the World Bank Treasury announced its plans for the introduction of the first ever bond that will be created, allocated, transferred and managed with blockchain technology. For this purpose, the World Bank has hired one of the biggest banks in Australia. …

On their official Facebook page Lamborghini recently put out a teaser saying only few words to the world: “The new Lamborghini Aventador SVJ will blow your mind. Stay tuned.” The car will be powered by 6.5-liter naturally-aspirated V12 engine found in Aventador SV. At the same time the engine will…

Northern California continues to show good performance in the field of luxury home sector. This can be mainly explained by the strong position of the local tech sector and steady interest from the part of foreign investors. All the data about the growth rates by counties has been published in…

Counterfeit industry has always been one of the biggest problems for the luxury world. The total amount of counterfeit goods produced annually has reached 1.2 trillion USD. Producers of fake goods are getting more and more sophisticated. It became very difficult to distinguish high-quality fake goods from real ones. …

When blockchain was first introduced, few of us thought about the scale of the impact it would have on our lives today. Proponents of blockchain believe that its use can substantially improve security and speed of transactions in every sphere, and allow both parties to save huge amounts of money…