The automotive industry has always been kept up with innovations and technological advances, however, this field still faces some challenges. For example, a transaction must rely on multiple parties agreeing on the validity of that transaction. It’s also a time-consuming process to register a new vehicle or transfer a used car. The buyer or the dealer has to fill out many kinds of paper forms. Even the process of transfer requires the checks of third parties for financial situation, insurance, stolen…
The advent of Autoblock creates opportunities for streamlining the approach to relationships in the auto sales, insurance and finance. It has created a platform for sellers and buyers to make transactions by using cryptocurrency without having to exchange them for fiat so this saves time as well as bank fees.
Autoblock also enables greater transparency because it allows shared access of data which is distributed so this assures the trust and privacy of the participants. Buyers can do research before making decisions. Accessing this data will not limited to governments, insurance companies, auctioneers, law enforcement and national car registries.
Especially, buyers can have access to accuracy of vehicle valuations. Vehicle valuations exist in mature markets they are supplied by leading organisations. Nowadays, there is a need for users to access a database with a wide range of vehicle valuations by age, mileage and location.
What services does the Auto Block provide?
• Buying cars with Autocoin
The Autocoin provides buyers with an alternative solution to conduct transactions in the automotive industry. This kind of cryptocurrency has outstanding advantages such as ease of use, acceptance, flexibility and transparency. So, the Autocoin will be a good choice and it has a lot of great potentials to assist buyers and sellers to simplify vehicle transactions.
Benefits of using the Autocoin currency
Buyers can utilize the autocoin to:
Save transaction fees, convenient and quick payment method – no bank and intermediate fees - Save time to wait for transactions to mature and complicated procedures
Assure high security
Minimize taxation issues
Decrease the risks of counterfeits and chargebacks to zero thanks to the applications of blockchain technology
Be easy for international payments with no obstacles caused by exchange rate considerations
Offer more choices and incentives via the website autocoincars.com
Access to the true value of used cars
The main benefits for seller include:
Easy and quick transaction
Make vehicle transactions easier all over the world
Free and secure trade for vehicle transactions on the website autocoincars.com
Use The Autocoin as a payment solution
Diminish transaction fees and remove intermediate stages
Own the Autocoin in digital wallet to invest and convert to fiat when transactions are completed
Available and quick support from experts
Summary
The Auto Block with Autocoin is open source blockchain, which offer a breakthrough in the car sales market. Thanks to the blockchain technology, a comprehensive database of vehicle history will be used to define the true value of the vehicle. More and more experts expect the automotive field to take step toward blockchain to solve existing problems and generate greater value. The team at Autocoin are developing a platform to innovate the Automotive industry and provides the best places for vehicle transactions.
To know more about Autoblock, please visit links below:
Website: https://www.theautoblock.com/
Telegram group: https://t.me/autoblockofficial
Whitepaper: https://www.theautoblock.com/uploads/files/white-paper.pdf
Author: Omar31
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1376073