The car market has become an integral part of our lives. Any life of a motorist after passing an exam for traffic law starts with buying a car. If there is money, then we go to a car dealership and get a new car. If there is no money, or you want something higher class, and there is enough money only for Lada Grant, then we turn to the secondary car market. This is either a auto-supported car dealership, or an independent selection of cars on sites like Avito, Avto.ru and others. But in pursuit of cheapness you can stumble upon the following problems:
1 - when we come to inspect the car, first we pay attention to its condition: body, paintwork, engine work, suspension and so on. Any seller will convince you that the car "is not a bit beautiful, accurate driving only at weekends to the church is not higher than 40 km / h, etc., etc." It is profitable for any seller to sell the car at a higher price, while either hiding all possible defects, and those who are clearly striking are not particularly focused on him. As a result, inattention during the inspection may cost you money and time to repair, or even attempt to get rid of the problem machine.
2 - Are the documents in order? If all the jambs with the machine can be fixed, then the problem with the documents is much more difficult to solve. Buying a used car, we buy a cat in a bag. Many buyers, neglecting the verification of the VIN code and the PTS, when registering with the traffic police learned that it turned out that the car was subject to restrictions on registration actions, otherwise it is listed as being stolen. In the best case, you will have to pay a "tidy" amount for registration "on the left." Or your car will turn into a "pile of metal", which can be sold only "for parts", in special cases, you will face problems with consequence. And traces of the seller will be “swept away” for a long time, which means you can not count on compensation.
3 - car mileage. This item decided to make separately, although it can be attributed indirectly to claim 1. High mileage auto scare almost every buyer. For it indirectly indicates the wear of all components and assemblies of cars. Therefore, many "twist" mileage. What it threatens, I already wrote in paragraph 1. This is especially true of the suspension parts due to the peculiarity of Russian roads.
Of course, buying a new car negates these shortcomings, but not everyone has money for a new car. In many countries, they got tougher: they banned the private sale of cars, and you can get rid of the old car either through an auction system or through a trade-in system introduced by car dealers. Ie, your car is taken away, and when you buy a new one, you make a discount in the amount of the cost of your old car.
But here comes the fourth problem, but for sellers: these are high commissions from car dealerships, or outbid.
How, then, to sell a profitable car, or buy it, minimizing the likelihood of problems is higher. Many large online services, as well as dealers selling used cars, themselves carry out an auto check before accepting it for resale, but it still does not help to solve the problem globally.
They decided to solve it by creating a company for the sale and purchase of the old The Auto Block car, moreover on the blockchain. This company was created to unite all auto-dealers, individuals, insurance companies and leasing companies into a single network.
The Blockchain technology and smart contracts will make buying and selling and renting fair and open.
The task of The Auto Block is a revolution in the estimates of used cars and vehicle data. Evaluate the status and documents for cars will be entrusted only to certified persons, plus there will be access to the traffic police database. Leasing companies, sellers, buyers will have access to all data on the car, and remotely.
Once the platform is built on the blockchain, then of course its own cryptomonet is launched on it, which will solve the problem of high commissions in the ordinary sale of cars. She will allow:
1 - Significantly reduce transaction fees - you pay without additional bank charges.
2 - Protection against identity theft.
3 - Protection against fraud. Transactions can not be undone and forged.
The company will issue its own plastic card, where you can save dollars in addition to the local cryptocurrency, you can freely pay in stores.
Now there is a pre-sale of tokens, during which you can invest in the development of the project by buying The Auto Block tokens at a price of $ 0.25 for one coin.
Let's summarize. The main problem of the secondary car market is the purity of the history of the car and the honesty of the old owners. For private sellers, these are high commissions when selling your car through dealers and car dealers. Therefore, The Auto Block decided to combine all the advantages of the western auction system and the usual second-hand car retail system, such as in Russia. Thus, we get a small commission when selling cars through The Auto Block plus a fair and transparent history of cars and their owners.
Below I attach the links to the company's official website, the technical document and the link to the Telegram-channel:
Off site https://www.theautoblock.com
White Paper: https://www.theautoblock.com/uploads/files/20180702092247.pdf
Telegram channel https://t.me/autoblockofficial
Author: sajadah terbang
ProfiL link: https://bitcointalk.org/index.php?action=profile;u=2447520
ETH addres: 0x845296575320897ED34C1aB7a8d92531e43e20F3
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