Despite the active promotion of cryptocurrency, their use in everyday life is still complicated. One of such issues is the purchase of cars using cryptocurrency. Therefore, the AutoBlock project creates a platform for buying and selling with AutoCoin tokens. Its goal was to create a secure specialized automotive cryptocurrency for world car dealers and buyers.
Now it is very difficult to find an auto dealer who would agree to sell the car for cryptocurrency. Despite the high demand, there is still no offer. Data systems for the automotive industry are monopolized, and in some cases completely unavailable. Obsolete infrastructure creates obstacles to the growth of the industry in young markets. All this allows talking about the benefits of introducing blockchain technology in the automotive industry (https://www.theautoblock.com/).
Among the main advantages of using AutoCoin cryptocurrency for car buyers are:
- Possibility to purchase cars using cryptocurrency (in particular, Autocoin);
- Low commission fees;
- The absence of a bank as an intermediary;
- Anonymity;
- Minimum taxation;
- Prevention of fraud (the use of blockchain reduces the risks of fraud and forgery of documents, information about the car etc.);
- Simple and fast international payments (without the exchange of local currency to international).
For sellers, the main advantages are:
- Expansion of possible sales markets;
- Free exposition of cars on the site autocoincars.com;
- Low commission fees and the absence of intermediaries (including banks);
- The total absence of costs for the adoption of the Autocoin token as a payment instrument;
- Ability to convert Autocoin into fiat money after the sale;
The project AutoBlock created portal Autocoincars.com, which will offer both new and used cars to the world community. The project plans to sell vehicles through the web portal on a PC, tablet or smartphone. Also, a mobile application will be created, subsequently available in the Google Market. Decentralization will allow users to receive the most accurate and reliable assessment of the car. At the same time, car dealers are able to sell their cars with the help of "one-click" bypassing a large number of intermediaries, commissions, and taxes.
Finally, AutoBlock will allow users to get data on the best price, as in each specific geographic region the price for products of the automotive industry is different. The use of a trading platform in developing countries will stimulate the development of industry in a global context (https://t.me/autoblockofficial).
For more info use this links:
Web-site: https://www.theautoblock.com/
Telegram: https://t.me/autoblockofficial
Twitter: https://twitter.com/AutoBlockX
Facebook: https://www.facebook.com/AutoBlockX/
Instagram: https://www.instagram.com/theautoblockx/
Ann Thread: https://bitcointalk.org/index.php?topic=4839378
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