4 Reasons Why You Should Invest In The Autoblock
The Autoblock is an organization that is all set to change the automobile industry through a series of innovative tools and services. The experts behind the AutoBlock have used the blockchain technology to design an online vehicle buying and selling platform.
They have also created a cryptocurrency known as the AutoCoin to be used exclusively for the buying and selling of vehicles. In this article, we will discuss how the AutoBlock is offering great solutions for the future of car buying and why you should invest in the AutoBlock.
1- Flawless vehicle valuation system
Vehicle valuation is a big challenge all over the world. Each dealer and buyer evaluates a car to the best of their knowledge. This valuation is often biased and unreliable. Most systems are bent to suit the traders. Due to the lack of transparency, most dealers and customers end up regretting their buying and selling decisions.
The AutoBlock has created an unbiased valuation system that is powered by the blockchain technology. All information is decentralized, and there is a transparent exchange of information between all parties involved.
With the Autoblock, customers and dealers can expect country-specific valuations — a breakthrough in the way vehicle valuations was made previously.
2- Updated vehicle data system
Most customers face problems with vehicle data before they decide to invest in one. The AutoBlock has an ingenious solution for this issue as well. By integrating the blockchain technology with the vehicle’s data, each car has a dedicated block that can be accessed by all potential customers.
This state-of-the-art data system has all the necessary information about the vehicle, such as its specs, mileage, model, a comparison based on NVD (New Vehicle Data from manufacturers and agencies) and a complete history of the vehicle such as accidental damage (if any), fuel efficiency and life expectancy of the car. It gives a customer the perfect opportunity to look up a car in detail before buying it.
3- Established digital wallets
As discussed earlier, all transactions made through the AutoBlock platform are via the AutoCoin — their customized cryptocurrency. There are countless benefits to having your digital wallet. Retailers and customers can now indulge in secure, fast and private transactions online.
4- Established car portal
The AutoBlock has an established car portal that can be a great source of exposure for classic car dealers, especially if they are looking to find a prestigious crowd. Dealers can showcase their collection to car lovers all over the world via live feeds.
Moreover, the portal also provides free listings for the AutoCoin holders which increase your chances of appearing higher in Google search results related to crypto car purchase keywords.
Conclusion:
The AutoBlock has already released the alpha version of its platform in early 2018. Seed round funding started in the second quarter of this year. Soon the company will release a mobile app and offer its services through a beta version. Next year will bring newer opportunities and more exciting projects for the AutoBlock.
It is the perfect time to invest in this established blockchain technology. All in all, the AutoBlock will change the way business is done in the automotive sector, and you shouldn’t think twice before investing in this upcoming tech. It definitely promises a lot of profit and success in the future.
So, are you all set to be part of the revolution that will take the entire automotive sector by storm?
The post’s Invest in the Autoblock Originally published at www.theautoblock.com on August 31, 2018.
