Jia Yueting: FF Secures World's Pioneering Blockchain-Powered Vehicle Leasing Patent, Facilitating One-Click Rentals During Vehicle Downtime
1 day ago / Read about 0 minute
Author:小编   

On November 10, 2025, Jia Yueting made an announcement that Faraday Future (FF) had secured the world's inaugural patent for a vehicle-sharing time-based leasing system. This innovative system harnesses the power of blockchain and Web3 technologies. In practical terms, it empowers vehicle owners to effortlessly initiate the sharing process with a mere single click whenever their vehicles are not in use. The system takes care of all the intricate backend processes automatically, including credit verification, billing procedures, settlement operations, and revenue distribution. The earnings generated from such rentals are promptly and directly returned to the vehicle owners as well as the participants within the ecosystem. FF has outlined a strategic rollout plan for this groundbreaking technology. Initially, it intends to deploy the technology within its own ecosystem. Subsequently, it will embark on a gradual integration process with various financial institutions, leasing companies, and mobility platforms to expand its reach and impact.