So this ICO is about getting a loan for the information of your car? Is this like lending your car for cash then? This unique project I think. Will be watching these thread.
I think it's like getting a loan and using your care as a Guarantee of return. That's what i understood from their informative video on youtube . It seems like a great idea actually and allows trust between the lender and the borrower.
So, this platform is like a lending where you borrow money and the car is like the assurance. Well, as what I understand of their introduction is that you can change your car title in cash. But how this platform will really help the community because not all people have cars.