#CryptoStocks

Ford Exploring Cardano for Enterprise Use

Ford Motor Company has announced a strategic collaboration with Cardano-native storage project Iagon and legal tech startup Cloud Court to pilot blockchain-based legal data infrastructure. This proof-of-concept aims to evaluate a hybrid system that uses Cardano’s on-chain tools for verification and audit control, while storing encrypted documents off-chain.

The pilot addresses key challenges in legal data management: fragmentation, security, and regulatory compliance. Ford’s role focuses on testing enterprise feasibility, scalability, and alignment with regulations like GDPR and HIPAA. Cloud Court’s AI layer will automate transcript analysis and classification, helping streamline operations for corporate legal teams.