carVertical (cV)

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4 min readJan 9, 2018

World’s First Global & DecentralizedCar History Registry Built on Blockchain

Problems,Meet Solution

4 major problems automotive industry is facing:

(Non) public data

Scattered historical data with limited access

No ability to share data between centralized databases

Used car owners and buyers are not aware of the full history of the car

The idea and solution

carVertical is a blockchain-based solution that gathers as much information as possible about cars’ history from different sources like centralized country registries, police and Interpol databases, insurance, leasing, claims handling service databases, privately owned registries, paid APIs, other sources and puts it into blockchain registry. We will also create an environment where users are providing us permission to retrieve the data of a vehicle they own.

All data that’s in the blockchain registry cannot be changed, faked, rewritten or manipulated. It provides full transparency and builds trust. And most importantly, all car’s history data becomes de-centralized and publicly accessible. This is key element why we chose to execute project as blockchain registry.

Any person or company who checks car’s data via carVertical product can be 100% sure that no one manipulated its mileage, all insured accidents are logged and data about the car is as extensive as possible.

Join the revolution & Contibution Here

We’re building 5 products on top of blockchain

Business Model

Wallet

The mobile gateway to virtually manage your car’s registration and maintenance records, perform insurance or technical inspection tasks.

Reports

Paid report service where customer gets unified, easy to read report, that includes full car history and specific information about that particular vehicle with additional information based on machine learning conclusions.

Whitelabel

Paid franchise model solution for everyone who wants to run local B2C car VIN check and reporting business. For a white label buyer for a monthly fee we will provide: website templates, automatic reporting creation system, CMS (content management system), CRM system (customer relationship management), API, payment processing.

API

API solution for insurance, leasing companies and claim handling services to get a really easy access to car history blockchain registry. An API can be easily integrated within their in-house systems and supported all the time from our side.

Database

carVertical blockchain registry with trusted car history which can be accessed by anyone for free. The ability to add information blocks is granted only to trusted entities

Cash Flow Projection

Klik Here Sneak Peek Of

Timeline

Team

We succeeded to make a perfect blend of business development experience, product building, blockchain, data analytics and software engineering skills. All motivated and ready to change used car industry!

Advisors ,OEM, dealers, national registry, insurance, legal and blockchain — our team of advisors has it all covered. They are at the pinnacle of used car revolution with their experience, know-how and contacts

Ambassadors

This is something that makes carVertical exceptional. We have the supporters from all over the world, helping us to spread the message, localize the product and provide insights on local markets.

Detail Team Here