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The sport and luxury car manufacturer is going to invest in blockchain and other cutting-edge technologies.

As was stated in the Porsche press release, for the next five years the company is going to increase its investment in venture capital activities by 150 million euros in order to gain access to the benefits of new technologies and business models.

According to a company’s statement, Porsche is focusing on investing in new business models related to customer experience, mobility, and digital lifestyle, as well as on future technologies such as artificial intelligence and blockchain.

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