AUTOBLOCK: TRANSFORMING THE AUTOMOBILE INDUSTRY USING THE BLOCKCHAIN TECHNOLOGY

In my quest for knowledge in the automotive sector, I came across various platforms for buying and selling of automobiles and related services using cryptocurrencies, I figured out that the processes involved in carrying out a transaction has its challenges. Fortunately, I visited a unique platform, AUTOBLOCK. It is designed to globally revolutionize the way people buy, sell and research cars, dealers can transact with the use of cryptocurrencies without challenges.

OVERVIEW
For the past century, vehicles has been an integral part of human as it provides more than just convenience. There is fun, freedom and self expression in owning a vehicle.
In the recent times buying and selling has taken a different dimension, loss of trust, integrity and sometimes it takes longer time for a purchased vehicle to get to the owners. A car owner may want to sell his used car he has driven for years that has a major fault. All he does his fix the lingering fault adjust the mileage and spray the vehicle and put it up for sale online. The buyer on the other hand has no technological means of identifying if the vehicle is genuinely in a good shape, he buys the faulty vehicle that was temporarily fix. Trust me the buyer has been defrauded.
The AUTO BLOCK Project is here to revolutionize the automotive industry and make it transparent for sales and purchases to transpire with out any mishap with the use of cryptocurrency.

CHALLENGES IN BUYING AND SELLING CARS ONLINE USING CRYPTOCURRENCY
Lots of projects within the blockchain network are geared towards building a platform whereby buyers and sellers need to go through rigorous processes just to carry out a transaction.in the sense that they would have to the process of exchanging crypto to fiat, this will certainly decrease the asset due yo fee charges during exchange.
It is nearly impossible to find cars for sale that can be purchased with the use of cryptocurrency. Most online car dealers who claim to accept cryto, upon further research, these dealers are not prepared to transact with crypto. The challenges goes on and on, which leaves a market of high demand and no supply. The AUTO BLOCK project has being designed to meet the lingering needs of car dealers.

THE AUTO BLOCK PROJECT
The AUTO BLOCK project is designed to secure the automobile industry that transact with crypto currenies, in that car dealers globally will adopt it as the payment solution for cryptocurrency car buyers. The Autocoin token is the AUTO BLOCK currency, it runs on the Ethereum Network (ERC-20 complaint). the Autocoin is easy to use, accepted globally, flexible and transparent, which offers seamless transaction for car dealers..
The AUTO BLOCK ecosystem has a sales portal “Autocoincars” which offers new and used cars for sale to buyers who would want to transact using cryptocurrency. This portal gives room for dealers to access a vehicles history such as its mileage, major repairs, ownership details, insurance claims, etc.
The AUTO BLOCK project will definitely transform the way car dealers do business with cryptocurrency. It will pave way for seamless transfer of vehicles data with the help of smart contracts which is the foundation of vehicle valuation platform. Be part of the AUTO BLOCK ICO that is ongoing, as the future is bright for car dealers trading on cryptocurrency.
For further details about the AUTO BLOCK Platform and ICO Project, please visit these links below:

https://www.theautoblock.com/
https://www.facebook.com/AutoBlockX/
https://www.instagram.com/theautoblockx/
https://medium.com/@autoblockx
https://www.linkedin.com/company/autoblock/
https://t.me/autoblockofficial
https://twitter.com/AutoBlockX
https://www.reddit.com/user/AutoBlockX
https://www.youtube.com/channel/UCPiapKulKoBPkDJLxZjv2TQ
Whitepaper ANN Thread

Author’s Information:

Bitcointalk username: emmy2nelly

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2303956

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