AUTOBLOCK - The first global cryptocurrency with a genuine use case

balu1008 (5)in #cryptocurrency • 6 years ago

Introduction

In the todays world, in order to protect data from hackers use of Blockchain technology is fair. So that autocoin is aiming at to bring blockchain technology into the automotive market to reduce Middleman fees as well as reduce fees incurred by sellers and consumers.

We have top rated companies in the automotive industry but there is some problems that problems are going to hole the automotive industry, autoblock and team behind the autocoin have find out global automotive industry problem and developed solutions by using blockchain technology.

Autocoin - is creating new business model for decentralized platform.

Current problems

In the present scenario if the buyer want to buy a car they need to valuation of the car, take loan with high interest rates this method is the best at the moment but unavailable of data in details is very worst scenario. And if we sell a vehicle in international level conversion of currency is required and data about vehicle is not safe because if it loss we will take many critical situations, that's why safe of data is most important. Data means insurance, government car registration and law enforcement etc.

Autoblock solution

To solve above problems autoblock is developed blockchain solution. Autoblock is building the better point of sale ecosystem for dealers to accept cryptocurrency as a money, that will help consumers to easily buy a car with cryptocurrency. And offer lower interest rates for buyers then buyers will be happy to buy a car.
The acceptance of multiple currency is a new market for car dealers sell their cars, with this market international buyers can easily buy car without any interruption of money means they don't need to convert their currency into fiat. Autocoin is making very simple and efficient transactions in the cryptocurrency market to help both the buyers and sellers with transparency.