AUTOBLOCK - UNLIMITED ACCESS TO VERIFIED AUTO DATA
August 12, 2018
With Auto Block, no information concerning the specification, valuation and time of 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.
The problem
Valuation of vehicles is an important procedure in the Auto industry and all vehicles are planned to undergo valuation. Being so important, all vehicles undergo valuation but the problem comes from the type of data that results from such exercise.
This information is useful but it is kept from public view. The data is either fragmented or completely inaccurate which becomes a no use for those in need of it.
An Unstable Remedy
Seeing the importance of data to the public, the Auto industry went ahead to build faster data on their own for their users,hello guy, s for more details click this video?
Yet the problem is not solved because the information made available is 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.
With Auto Block, The way people will work with the Auto industry will change because they are able to research, sell and buy ways in a more convenient way. Now, people will no longer suffer mishaps when they transact 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, the Hyperledger fabric will be used to manage assets. This Hyperledger fabric will be used to classify, on the blockchain, 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 an endorsement of funds which will be utilized in providing equity on their platform for merchants as well as businesses.
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 Autocoincars.com website.
Customers will be able to determine the life span of the vehicle they wish to avoid being cheated by dealers.
Customers will have access to spec report for any vehicle they want and report that will be compiled from five different countries.
Conclusion
The Auto Block industry has been in position where the need for change has been emphasized over time, but now the Auto Block will make the industry decentralized and satisfactory for their customers.
Website: https://www.theautoblock.com/
Whitepaper: https://www.theautoblock.com/uploads/files/20180702092247.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=4570049
Instagram: https://www.instagram.com/theautoblockx/
Medium: https://medium.com/@autoblockx
Linkedin: https://www.linkedin.com/company/autoblock/
Telegram: https://t.me/autoblockofficial
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Youtube: https://www.youtube.com/channel/UCPiapKulKoBPkDJLxZjv2TQ
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Author: doy17
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