AutoBlock - transparent realization of used cars

WHAT IS AUTO BLOCKS?

AutoBlock is a product and a range of blockchain services designed specifically for the automotive industry worldwide. The idea for such a solution came about in the first quarter of 2017, when the founding members realized that the motor market was significant but lacked the essentials that made it safe, accessible and reliable. Fully developed AutoBlock development began in the third quarter of the same year and the company opened its first regional office in the last months of 2017

The main problem is that all data on the condition of the vehicles are entered in the state register, which can be forged. Blockhain provides completely transparent data, in which each person can only find reliable information. Other advantages: Low transactions and fees, credit card or bank data are not stored by third parties, the "Push" system confirms the data request automatically, as soon as you have your data sent via bank or card accounts, website autocoincars.com, with a huge amount Database of all types and types of cars.

The Autocoincars.com website will only publish the latest information on new and supported cars, and car dealers will be able to publish up-to-date information about cars. A mobile application will be available, as well as an API system into which other databases can be added. If you pay, there will be an instant conversion of crypto assets into Fiat. An open database for each component of the means of transport makes it possible to reduce the costs of assessing insurance companies many times and reduce costs to zero.

You can now reduce your expenses several times. Various data about the vehicle will be available: age, mileage, model, overhaul, physical damage and past insurance claim. Information is also given when buying new cars: how will fuel consumption and costs change, how long does the vehicle have separate parts in different climates, how to choose the right car based on the owner's own salary, and how does the cost estimate future repairs and repairs Fuel. A consensus-based mechanism will confirm the validity of the data from these operations. Underdeveloped countries have as many cars as possible, so the introduction of such a system is necessary.

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