1969 Lamborghini Islero
Dr Sanya Olorunfemi* was mulling over re-selling his heritage 1969 Lamborghini Islero. He thought it would be a simple process, but soon discovered that cars from this marque could easily go through 800 to 1,000 certification checks at their Italian headquarters when a heritage vehicle is being re-sold.
Like many luxury items, Lamborghinis have been subject to swindling, and these painstaking assessments were put in place to verify the parts, service and full history of each unique Lamborghini car – in order to protect both buyer and seller.
However, Lamborghini, long known to be an innovator in its field, launched project ‘Lamborghini Sicura’ – a far more efficient way of vehicle verification, using Blockchain technology. Leveraging on Salesforce Blockchain, a trusted network is established between all partners in the sale, resulting in a speedier and much more secure authentication process for any vehicle up for sale.
Each vehicle therefore features an immutable record of service, restoration, and prior ownership, to ensure that the value of the Lamborghini car is further extended.
Could this be the gold-standard verification process of the future for luxury cars?