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This gives the user a reliable way to verify the history of a particular vehicle, as well as share relevant information about a vehicle with third parties, for example, insurance companies. Register for our Bulletin to get regular updates delivered straight to your inbox! First blockchain VID standard paves the way for decentralized mobility services and smart cities. VID II improves asset visibility, creating an anchor for additional use cases, data provenance, and autonomous economic agents. In addition to the working group, the standard was thoroughly reviewed by formal verification experts � giving developers confidence their implementations adhere to the best practices in digital security.