Blocvehicle:changing the tide of cryptocurrency!!!!!!

About block vehicles 
BlocVehicle is an economic sharing service, where everyone can buy, sell, or distribute their used cars directly with other people. This platform allows people to buy or sell their used cars without interference from dealers. This is based on reliable vehicle history data, thus creating an ecology of transparency and equality. This platform allows the generation of profits by renting out private cars. By sharing vehicle history data, anyone can rent a car easily at a reasonable price, which can be the foundation of the economic business model, based on the distribution of vehicles. 

Aims and objectives of block vehicle 
The main aim of the BlocVehicle is to breathe life into a new form of ecological system to share and buy / sell vehicles between BlocVehicle users, especially by basing the system on the car history data uploaded to blockchain. The basic foundation of the system is different from traditional car rental or used car dealers, because data allows each individual to buy, sell, and / or rent, their used car without having to go through an agent. 

creating unprecedented ecology centered on car history data. This type of infrastructure, by providing full transparency in evaluating the value of the car, will be able to advance the automotive industry ecosystem into a clearer field. 

market 
The used car market and car rental are currently faced with many obstacles

  • As a seller, it is difficult to sell a car at your own price, because the buyer will not be able to disclose the information you provide.
  • Vehicle history data cannot be accessed by one individual, because it is uploaded to an independent third party database
  • As a buyer, it is difficult to buy a vehicle at the most reasonable price, because the vehicle dealer has complete control over the information provided regarding the condition of the vehicle
  • As the owner, the insurance costs that you have to pay cannot be negotiated, because your vehicle maintenance records are maintained on several third party sites that are not open for viewing
  • As an individual, it is not possible to systematically lend your own car, because there is no guarantee that the vehicle will be in a safe condition to drive.
BlocVehicle, however, uses blockchain technology so that users can access their personal car history data, which can be used in our system as a means of generating profits.
On the market today, vehicle history data is updated every time the vehicle goes through maintenance procedures, and is uploaded to an insurance company and automotive service center, where it becomes inaccessible to the public. On the contrary, this is where the BlocVehicle primarily operates - through perfect transparency.

BlocVehicle plans to create a large P2P trading platform where it is possible for users to trade all types of used goods, from small scale commodities such as designer bags, motorbikes or even yachts.

BlocVehicle Main Service

market opportunity
Globally, more than 90 million used vehicle transactions occurred in 2016. According to a recent report from Technavio, the total number of used car sales is expected to increase even more, with more than 128.42 million sales expected in 2021, having annual growth rates the combined market to exceed 7% in its development. The volume of tourists and travelers worldwide - which constitute the majority of users in the car rental business - also increases in number, exceeding 1.2 billion in 2017 and is expected to have. annual growth rate is higher than 4%.


program from application
app
  • Can create and manage car history data. It can also manage personal settings on used car trading, manage Smart Contractor status to share cars, and allow refusing car rental requests. All users can search for used cars from their preferences, and can also request rent or an offer for purchase.
BlocVehicle API
  • Existing car dealers, car rental businesses, or application program developers for the car history database will be given an API to access the BlocVehicle Network. This will help them so that the BlocVehicle becomes a means to expand their own business and expertise, strengthen the coexistence of both old and new systems - which function in the same way as BlocVehicle will be able to obtain users in return.
token
VCL Tokens will be able to strengthen the ecological system of our different vehicle rental services. As such, a total of up to 1,000 m VCL will be provided in total.
The BlocVehicle Platform will serve as a win-win solution for all participants by integrating seamlessly into the modern vehicle rental industry, and will also be able to impose a balance on "asymmetry in the information provided" with guaranteed transparency of infrastructure.

BlocVehicle Network requires payments in single currency, VCL tokens, to access their data and utilize related services. Registered car dealers or users who rent their cars, including third parties using data from BlocVehicle Network must pay VCL as a form of payment. This will maintain the stability of the BlocVehicle Network, with the added benefit of a vitalizing eco-system.


allocation token
distribution token

team

advisors
for further access please click the link below.

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