AUTOBLOCK - The first global cryptocurrency with a genuine use case

in #cryptocurrency6 years ago

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Introduction

In the todays world, in order to protect data from hackers use of Blockchain technology is fair. So that autocoin is aiming at to bring blockchain technology into the automotive market to reduce Middleman fees as well as reduce fees incurred by sellers and consumers.

We have top rated companies in the automotive industry but there is some problems that problems are going to hole the automotive industry, autoblock and team behind the autocoin have find out global automotive industry problem and developed solutions by using blockchain technology.

Autocoin - is creating new business model for decentralized platform.

Current problems

In the present scenario if the buyer want to buy a car they need to valuation of the car, take loan with high interest rates this method is the best at the moment but unavailable of data in details is very worst scenario. And if we sell a vehicle in international level conversion of currency is required and data about vehicle is not safe because if it loss we will take many critical situations, that's why safe of data is most important. Data means insurance, government car registration and law enforcement etc.

Autoblock solution

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To solve above problems autoblock is developed blockchain solution. Autoblock is building the better point of sale ecosystem for dealers to accept cryptocurrency as a money, that will help consumers to easily buy a car with cryptocurrency. And offer lower interest rates for buyers then buyers will be happy to buy a car.
The acceptance of multiple currency is a new market for car dealers sell their cars, with this market international buyers can easily buy car without any interruption of money means they don't need to convert their currency into fiat. Autocoin is making very simple and efficient transactions in the cryptocurrency market to help both the buyers and sellers with transparency.

Buyers benefits

With this platform buyers can easily buy vehicles from anywhere in the world

Lower transaction fees

Payment transparency

Easily acceptance of all currency

Lower interest rates

More available of vehicles

There is no need to wait for transactions and fast transactions

Sellers benefits

Sellers are able to sell their vehicles worldwide

Faster transaction with transparency

With this platform every currency will be easily accepted

With this ecosystem sellers have ability to retain their tokens in the wallet

Autoblock Token Details

Token name :

Token type : ERC 20

Hard cap : 40,000 ETH

Soft cap : 5,000 ETH

Total supply : 400,000,000

Token price : 1 ATC =0.25 USD

Token. Distribution and fund allocation

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Team

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To read more about Autoblock kindly follow these links

Website :https://www.theautoblock.com
ANN Thread :https://bitcointalk.org/index.php?topic=4839378
White paper :https://www.theautoblock.com/blog/wp-content/uploads/2018/08/whitepaper1.6.pdf

Social media links

Facebook :https://www.facebook.com/AutoBlockX/
Twitter :https://twitter.com/AutoBlockX
Telegram :https://t.me/autoblockofficial
LinkedIn :https://www.linkedin.com/company/autoblock
Medium : https://medium.com/@autoblockx

About author

Bitcointalk name : Balu1008
Bitcointalk link :https://bitcointalk.org/index.php?action=profile;u=1924676;sa=summary

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