Get your car repair done at low cost - VLB

VLB ( Vehicle Lifecycle Blockchain ) is basically a decentralized platform based on the blockchain technology that aims to bring more transparency to the automobile industry by bringing all the players in one place. It is an expanded version of the already existing platform named CarFix which has established more transparency in auto repair since its creation in 2016.

VLB provides various benefits to all the players based on their field. For example, insurance companies can easily get access to a big database of car repair costs so that it will be helpful for them to process their claims effectively. Car owners can get quotes from various car repair shops and choose the best one among them for getting their car repaired.

Do you know what is the biggest problem with car repair shops? They won’t tell you the exact price for the spare parts. Plus, they add hidden charges and unnecessary spare parts so that the customer is paying more money every time to repair their car. This problem won’t arise in VLB as Let’s assume that your car brakes are not working properly, and you need to repair your car. What will you do? Most likely you will take your car to the repair shop nearby your location. They will fix your car and give you a bill with a list of spare parts changed with their prices to fix your car. You neither have the time to check the price of the original spare part nor the knowledge on car repair to find out whether that spare part is really needed to fix the car. So, you always end up in paying more money.

Alternatively, if you share your problem on the CarFix platform, it will show you the list of spare parts that are needed to fix the car as well as the repair shops. If a repair shop has more positive reviews, it will be listed on the top. In this method, you know which spare parts are needed to fix your car and their prices as well. So, car repair will no longer be a black box to you. To read more about the history behind the creation of VLB, please visit http://vlb.io/Whitepaper.pdf.

Not only for auto repair, but VLB platform also provides an option to all participants in the automobile industry to link their applications/services to VLB platform. For example, an OEM (Original Equipment Manufacturer) supply chain can easily verify the authenticity of the spare parts that are installed by integrating their platform with VLB. Car dealers can easily integrate with VLB to expand their customer base. So, any player in the automobile industry can integrate or build applications on top of the VLB platform. The only requirement is they should hold VLB tokens to access the platform. VLB tokens are nothing but a special type of utility tokens based on Ethereum ERC 20. It can be purchased during the token sale of the company by using any Ethereum compatible wallet. For getting more information about the pricing, availability, and sale of tokens, please visit http://vlb.io/