Auto-Block
About AutoBlock
With Auto Block, no information concerning the specification, valuation and time of production of any vehicle will be hidden from both dealers and customers throughout the world. Any information related to vehicles will be made open and available, championing total openness and transparency in the Auto industry.
It was with car block?
Car sales portal for auto dealers that Autocoin gets to create for you for free for your products and products for you. First of all, prestige, successful and vintage cars are being transacted worldwide with Autocoin, followed by mass-market car dealerships.
Vehicle insurance data, auto-block mission professionals are how to revolutionize insurance companies, car dealers and automotive leasing companies with the precise easy and access to and ratings serving data.Blockchain uses technology to make real-time assessments with the help of one of the data gathering directly to all leads in vehicle specifications database richer, existing all over the world. The MATIC Block Technology enables individuals and businesses to gain access to information and data vehicle ratings wherever they are located.
An Unstable Remedy
Seeing the importance of data to the public, the Auto industry went ahead to build faster systems a that will be able to produce much needed data on their own for their users.
Yet the problem is not solved because the information made available happen to be produced faster than users can go through them. There is no provision from the Auto industry on how to sort through the countless data generated, which makes their solution to need more help.
The Only Solution
The blockchain is what will make the Auto industry better than it currently is and that will be achieved through Auto Block.
With Auto Block, The way people relate with the Auto industry will change because they’ll be able to research, sell and buy cara in a more convenient way. Now, people will no longer suffer mishaps when they’re transacting business in the Auto industry. Car Dealers will be able to showcase their merchandise without any cost on the Auto Block platform.
A Workable Strategy
The Ecosystem: On the Auto Block platform, Hyperledger fabric will be used to manage assets. This Hyperledger fabric will be used to classify, on the blockchain, cars as assets as well as Metadata. Trust will be built on this platform and also no data will be tampered with.
Distributed Ledger: A distributed Ledger will be used to introduce flexibility, confidence, scalability and resilience into the Auto industry through the Auto Block platform.
Endowment Funds: Auto Block will make available 8 million USD as endorsement funds which will be utilized in providing equity on their platform for merchants as well as businesses and to also make the exchange that will occur between Auto Coin and fiat hitch free.
The Platform Benefits
The Auto Block platform will give their platform users a vast choice of vehicles for purchase and these vehicles will be seen on their website Autocoincars.com.
Customers will be able to determine the basic information relating to the vehicle of their choice such as the life span of the vehicle they wish to purchase to avoid being cheated by dealers.
Customers will have access to spec report for any vehicle they want and that report will be compiled from five different countries.
Conclusion
The Auto Block industry has been in a position where the need for change has been emphasised over time, without any credible solution, but now Auto Block will make the industry standardized again by using the blockchain to make their operations decentralized and satisfactory for their customers.
Automotive block Chain
Here are some of the main reasons why you should consider familiarizing yourself with the blockchain technology
The technology Blockchain has developed in the broad Lucerne and very very valuable. The standard of Block-Blockchain Standard Accounting.V3.espacenet.com/textdoc?
Revolutionizing vehicle evaluation capabilities in real-time on-site and on-base owls focus on understanding the vehicle specification data and perfecting New and Our Around the World development team Dedicated to perfection Blockchain has a delivery that destroys the system and gathers information with the utmost ease.
Automatic and it is used
Make transactions faster, easier and safer
Although the Automatic Block Cryptocurrency has a long list of interesting reasons why you should think about it, propose it, here are the most obvious ones.
A much lower transaction fee - you pay without additional bank fees.
Greasy Security Identity Theft No third party credit cards or bank details are stored.
Simple international payments that do not require lengthy and lengthy exchange rate considerations.
The highest load prevention rate. TheAutoCoin uses blockchain technology and ensures that counterfeiting and chargebacks are not possible.
Automatic and it is used
Make transactions faster, easier and safer
Although the Automatic Block Cryptocurrency has a long list of interesting reasons why you should think about it, propose it, here are the most obvious ones.
A much lower transaction fee - you pay without additional bank fees.
Greasy Security Identity Theft No third party credit cards or bank details are stored.
Simple international payments that do not require lengthy and lengthy exchange rate considerations.
The highest load prevention rate. TheAutoCoin uses blockchain technology and ensures that counterfeiting and chargebacks are not possible.
Facilitating the purchase, appraisal, and specifications of vehicles around the world, accessing a series of Blockchain chain products that will become inseparable as well as automotive industry standards.
PROBLEM TODAY
BUY CARS WITH CRYPTOCURRENCY
One of the biggest challenges facing Cryptocurrency is mainstream adoption. Many projects in space are building platforms for the future where there are no direct use cases. Auto Block gives you a platform to be able to buy and sell your vehicle using cryptocurrency without having to exchange it for fiat so that it solves the problem of two users. First, they don't have to go through a long process of exchanging crypto to fiat and their assets are slowly decreasing through bank exchanges and fees, and secondly, a platform where you can use your crypto assets in the 'real world'.
LOOKING FOR CAR DEALERS WHO ACCEPT CRYPTO
Our research team has spent weeks exploring the internet and contacting registered dealers to find out if they accept any form of cryptocurrency. Less than 10 dealers, each is a small dealer and private property. So, consumers who want to spend their cryptocurrency on the new car are actually very limited to no options,
ACCESS AND ACCURACY OF VEHICLE DATA
The automotive industry currently relies on monopolized data and valuation systems that are most subject to external influences and manipulations [Assessment] and at worst not available in detail to the public [Data].
The outdated infrastructure in which existing industry standard tools are being built actively inhibits natural growth, especially in the field of new vehicle sales in developing markets. Buyer's research before buying. The ability to utilize this data will allow many use cases including and not limited to governments, insurance companies, auctioneers, law enforcement and national car registrants.
HOW AUTOBLOCK SOLVE CRITICAL PROBLEMS IN THE CURRENT VALUE SYSTEM
The car market is one of the largest industries in the world. With car buyers all over the world looking for reliable and affordable transportation to get it from one point to another, the motor industry is developing both new and old cars. However, despite high demand for quality and luxury vehicles, the industry faces several challenges. Because there are millions of consumers and distributors worldwide, this system is not efficient enough to provide value to both buyers and sellers. This results in a system that is not reliable enough to offer value to its users. This is where The AutoBlock enters.
SUMMARY
The AutoBlock offers solutions to some of the most common problems of the automotive industry, and one of them is a scoring system. Founders and contributors to The AutoBlock realize that the motorcycle market does not function as efficiently as it should because the current system is not as consistent as it should be.
Although car brands are working on new and efficient cars, no one is looking for how the vehicle used is valued. This brings conflict between buyers and sellers and creates problems in transactions. Fortunately, with the AutoBlock independent scoring system, all these problems will fade away.
for more detailed information about this project please join here:
Website: https://www.theautoblock.com/
ANN Thread: https://bitcointalk.org/index.php?topic=4570049
Instagram: https://www.instagram.com/theautoblockx/
Medium: https://medium.com/@autoblockx
Telegram: https://t.me/autoblockofficial
Facebook: https://www.facebook.com/AutoBlockX/
Name : Donny arrr
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2330472
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