The automotive industry is considered one of the largest in the world. Not only do manufacturers want to provide the best and optimal vehicles to their customers, but people all over the world buy and sell cars for profit. Because this is a recognized market, there are many problems with the system that cause many problems, but AutoBlock is a platform with solutions to problems in the transportation industry that uses blocking technology.
AutoBlock is a choice of universal tools that support the key functions of the automotive transportation marketing system under conditions of increasing scientific and technical discoveries. Its mission is to introduce the crypto currency to the world of the beautiful transportation industry, enabling customers to interact directly with the automotive center through digital means. And also they create their own architectural ecosystem, with many opportunities based on transparent specificities of the blockade.
Technology, called intelligent blocking and contracting, will offer opportunities for honest and honest sales and recruitment. The purpose of Auto Block is a revolution in the estimation of used cars and vehicle information. Only validated individuals will be entrusted with quality evaluations and documents on the machine, and will also have access to the traffic police database. Leasing companies, traders, customers will have access to all traffic and remote information.
PROBLEM
Vehicle valuation is an important procedure in the Auto industry and all vehicles must undergo an assessment. Being very important, all vehicles experience assessment but the problem comes from the type of data generated from the exercise.
This information is useful in determining the health of the vehicle but is kept from public view. The data is fragmented or completely inaccurate which becomes useless for those who need it.
Unstable medicine
Seeing the importance of data to the public, the Auto industry continues to build faster systems that will be able to produce much-needed data themselves for their users.
But this problem is not solved because the information available is available to be produced faster than users can pass it. There is no provision from the Auto industry about how to sort out the countless data that is produced, which makes their solution need more help.
The only solution
This blockchain will make the Auto industry better than it is today and it will be achieved through Auto Block.
With Automatic Blocks, the way people relate to the Auto industry will change because they will be able to research, sell, and buy ways in a more comfortable way. Now, people will no longer experience accidents when they transact business in the Auto industry. Car dealers will be able to show off their merchandise at no cost on the Automatic Block platform.
Strategies that can be done
Ecosystem: On the Automatic Block platform, Hyperledger fabric will be used to manage assets. This Hyperledger fabric will be used to classify, blockchain, cars as assets and Metadata. Trust will be built on this platform and also no data will be destroyed.
Distributed Ledger: Distributed Ledger will be used to introduce flexibility, confidence, scalability and durability into the Auto industry through the Auto Block platform.
Abadi Fund: The Automatic Block will provide 8 million USD as a support fund that will be used to provide equity on their platform for traders and businesses and also make an exchange that will occur between Auto Coin and fiat hitch free.
Platform Benefits
The Automatic Block Platform will give their platform users a wide choice of vehicles for purchase and this vehicle will be seen on the Autocoincars.com website.
Customers will be able to determine basic information related to their chosen vehicle such as the life span of the vehicle they want to buy to avoid being cheated by the dealer.
Customers will have access to the specifications report for any vehicle they want and the report will be compiled from five different countries.
How AutoBlock Works
When a platform is created on a block, it means that it has its own cryptography which will enable it to solve the high cost problem by only selling cars. Then it will give you the opportunity: seriously reduce transaction costs - customers pay without additional bank tax; protection against theft of personal data; Save this from a scam. Transactions cannot be canceled and replaced. The company will produce its own plastic card, where it is possible to save dollars in addition to the welding currency, which can be paid for free in shopping centers.
ICO:
- AUTOCOIN = 0.25 $
- ICO: 30.06 - 10.08
- Soft Cap: 5000 ETH
- Hard Cap: 40000 ETH
Fund allocation increases and overall benefit distribution
TEAM
Conclusion
The Auto Block industry has been in a position where the need for change has been emphasized over time, without a credible solution, but now Auto Block will make industry standards again by using blockchain to make their operations decentralized and satisfying for their customers.
FOR MORE INFORMATION:
Website: https://www.theautoblock.com/
Whitepaper: https://www.theautoblock.com/uploads/files/20180702092247.pdf
JN 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
Reddit: https://www.reddit.com/user/AutoBlockX
Youtube: https://www.youtube.com/channel/UCPiapKulKoBPkDJLxZjv2TQ
Facebook: https://www.facebook.com/AutoBlockX/
author: muhammadsosa
profil link: https://bitcointalk.org/index.php?action=profile;u=1914532
eth: 0x8056b4866D50eBCE01D33EDc967D38a6Bf724420