Numbers Protocol Partners with CARPOST to Build a Management System in Vehicle Resale and Repair Supply Chain
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With the emergence of blockchain technology, more and more industries are adopting blockchain as a transparent, trustworthy, and tamper-proof data management system.
According to Simon-Kucher & Partners, the automotive industry’s blockchain-based application in 2030 will have a potential output value of 104 billion euros. Various car manufacturers and suppliers are proposing using blockchains to manage car resumes, accident records, and maintenance history.
CARPOST is the leading global luxury car trading platform in Taiwan and has more than 100,000 available cars on their platform. CARPOST is also adopting blockchain technology to facilitate second-hand car transactions with a transparent customer experience.
With the partnership, Numbers protocol and CARPOST will build a transparent supply chain management system including car resume, resale history, components maintenance, insurance information, and certification.
Many of the second-hand car suppliers have already used blockchain to assist with data collection. The problem with this is most of them use a token-based approach. With a token-based technology, the token which represents the vehicle will end their lifecycle after the transaction is done.
Also, lacking a transparent management system will cost a huge effort to link thousands of data on blockchain and may cause mis-used documents on the second-hand car market.
Numbers Protocol provides an asset-based solution to the digital media monetization process. With the similar logistics and solution architecture, Numbers Protocol can make up for the deficiency in current blockchain solutions in the automobile industry.
Along with CARPOST, we will co-build a web 3.0 supply chain management system starting from a simple car component to the usage and maintenance history in an ‘asset-based’, transparent, and easy-to-link design.
In addition to that, by providing a certified maintenance service. All maintenance history, component purchases and replacement to a vehicle can be recorded and linked to a specific “vehicle identity certificate” powered by CARPOST and Numbers Protocol through the decentralized management system.
“In the second-hand car sales market, the biggest pain point for consumers is “information asymmetry” “, said Kevin Chen, CEO of CARPOST. “CARPOST aims to provide a Safety, Transparency, and Innovation platform for second-hand import cars. By collaborating with Numbers Protocol, We can also extend the blockchain technology usage into the car components and maintenance. Providing our customers a comprehensive assurance not only for the second-hand sale but also the following components purchase and maintenance records and certified by CARPOST. To keep the value of a second-hand vehicle and preserve all traceable data in a web 3.0 solution powered by Numbers Protocol.”
About CARPOST
CARPOST is a professional car trading importer with cutting edge web site technology. Providing a safe and transparent car importing process with detailed documents and information. CARPOST alliance with Bank, Insurance and Lawyer partners to give customer carefree services. CARPOST uses big data to collect and filter through global luxury vehicles,selecting only those vehicles with no accident records and high cost/performance ratio values.
Website: https://www.carpost.tw/
Youtube: https://www.youtube.com/channel/UC8yXr8z_30-Gf9AXoWlhzVg/videos
Instagram: https://www.instagram.com/carpost.tw/
About Numbers Protocol
Numbers is building a decentralized photo network for creating community, value, and trust in digital media. Its Numbers Protocol redefines digital visual media as assets and is the backbone of a suite of tools for registering and retrieving images and videos in the Numbers network.
These include:
- Capture App: The first blockchain camera in the world that users can easily register photos and use Web3.0 applications.
- Numbers API: Developers and enterprises can implement Numbers API to register photos and access their Web3.0 addresses and certificates.
- Certificates: content authenticity certificates with on-chain provenance
- CaptureClub: Native NFT marketplace allows photo generators to sell and stake their creations.
- Numbers Search Engine: The first Web3.0 NFT search engine that helps users verify the history of NFTs and prevent potential NFT fraud.
Numbers champion the purity of digital media and enable people to think more critically about the interactions between our images and the world around us. The goal of Numbers is to tokenize authentic photos (including images and videos) to create a decentralized photo network in Web3.0.
