Having access vehicles with genuine and accurate valuation has been a major problem for buyers. In this part of the world where I reside, we are known for importation of cars, since we do not produce cars and over 80% of the cars on our roads are fairly used (popularly known as Belgium or tokunmbo).
These cars are normally bought online and as such most of the vehicle data given by the seller such as the car age, mileage, model, major repairs, major repairs the car has undertaken and other important data which determine the real price of the car are not always correct; buyers keep buying cars at prices higher than its real value because there is no platform that can help them evaluate the car and give the accurate price of the car.
Sometime last year, my cousin ordered for a Toyota Highlander from the USA, the picture of the car looked so cool, the mileage and other data were all in sync with the price the seller was offering the car so he hurriedly paid for it before someone else will buy it before him. To cut the long story short, when the car arrived Nigeria it was totally different from what we saw online and mere looking at the car you could tell that the value of the car was far less than the money paid for it; my cousin was duped.
You will agree with me that this experience could have been avoided if there was a platform that has the ability to run a check on cars to check if the vehicle data is correct and also helps in running accurate valuation on the car. AUTOBLOCK has been designed to help eliminate the above challenge via the use of blockchain and AI.
AUTOBLOCK team is presently creating a platform where cryptocurrency enthusiast can purchase cars with real data and accurate valuations using cryptocurrency.
With the help of the blockchain technology and Artificial intelligence, the AUTOBLOCK platform plans to create a concise vehicle history such as manufacture details, model, mileage and other details you can think of. This will enable those using the platform to determine the car’s true value accurately before purchasing it.
The AUTOBLOCK platform will help users to know the location where he can buy a car at the best price and it also helps the seller to know the best places to sell in order to get the highest valuation. On the AUTOBLOCK platform, both the buyers and sellers of vehicles benefits from the system; it gives the sellers access to the increasing cryptocurrency market and enables cryptocurrency enthusiast to have access to cars with accurate valuations and data.
AUTOBLOCK is simply the bridge between the automotive industry and the cryptocurrency industry and it seems like an end to some sort of fraud that occurs in the course of buying and selling a vehicle online just like the one that my cousin went through. The blockchain technology as we all know is the most transparent and secure platform on earth, so all vehicle data on the AUTOBLOCK database cannot be manipulated.
The Autocoin currency is the only means of transaction within the platform and you can presently acquire some Autocoin by joining the ICO which is presently ongoing. The price of the Autocoin in the market is bound to skyrocket because of its usefulness; in the nearest future, a lot of transactions will be done with on a daily basis.
JOIN THE AUTOBLOCK ICO today!!!
For more information about the project please visit the links below:
LINKS
Authors Details:
Official website: https://www.theautoblock.com/
Telegram group: https://t.me/autoblockofficial
Bitcointalk username: kelvinkent
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2313436
Comments
Post a Comment