CARVERTICAL - First Global & Decentralized Car History Registry Built on Blockchain
CARVERTICAL: link to the official website
carVertical is a blockchain-based solution that gathers as much information as possible about cars’ history from different sources like centralized country registries, police and Interpol databases, insurance, leasing, claims handling service databases, privately owned registries, paid APIs, other sources and puts it into blockchain registry. We will also create an environment where users are providing us permission to retrieve the data of a vehicle they own.
All data that’s in the blockchain registry cannot be changed, faked, rewritten or manipulated. It provides full transparency and builds trust. And most importantly, all car’s history data becomes de-centralized and publicly accessible. This is key element why we chose to execute project as blockchain registry.
Any person or company who checks car’s data via carVertical product can be 100% sure that no one manipulated its mileage, all insured accidents are logged and data about the car is as extensive as possible.
4 MAJOR PROBLEMS THAT CARVERTICAL WILL SOLVE:
- (Non) public data
- Scattered historical data with limited access
- No ability to share data between centralized databases
- Used car owners and buyers are not aware of the full history of the car
You can see a demo of the application here
TOTAL SUPPLY will be 4 billion cV tokens
THE TEAM: link to the team page
The team is a perfect blend of business development experience, product building, blockchain, data analytics and software engineering skills. All motivated and ready to change used car industry.
At the moment there are 14 team members with 11 advisors.
As of now, they already developed their application that will be used by us and they called it, CarVertical.CITY . pretty nice name with a pretty nice use case. I will have the assurance now that my car's history wouldnt get manipulated.