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Ford Motor Company has crossed over into the Cardano ecosystem and will serve as an advisor for Lagon decentralized cloud services.
On June 19, Ford Motor Company announced that it would serve as an advisor to Lagon, a decentralized cloud service based on the Cardano blockchain. The partnership marks another step in the automotive giant’s foray into the blockchain space, with Ford partnering with legal tech company CloudCourt on a proof-of-concept (PoC) project focused on the digitization and security of legal data. The program is designed to address a long-standing problem for large businesses: managing and protecting sensitive legal documents, such as court records, testimony, and compliance reports. The project combines the Cardano blockchain with AI technology to provide an immutable audit trail of legal documents under a zero-trust architecture. Based on its complex legal experience with Fortune 500 companies, Ford will evaluate the actual performance of the solution compared to traditional data management systems.