Quote from: 3dyx on August 06, 2018, 07:00:00 AM

Quote from: BlocVehicle on August 06, 2018, 05:38:08 AM

Quote from: 3dyx on August 01, 2018, 07:26:32 AM

using a vehicle trading system directly without involving a dealer may further increase the price of the vehicle itself. but there may be risks behind such things as the condition and quality of the vehicle.

Hello, 3dyx! What you are saying is right. Without a regulated control from a third-party, price of the cars may fluctuate. What is important to note, though, is that the current centralized market has no control over the credibility of provided information - we get fraudulent deals, unacceptable rates, and 'lemon cars' happen more often than we want. If, however, we only had comparable size of car data uploaded to the blockchain network, be it six months' or an year's worth of accumulated information, the transparency in the information that we would get will be unmatched to what we are given right now.
Part of what we plan to achieve is to make it so that the car owners may have the option to choose whether to have third parties (repair shops, maintenance centers, insurance companies, etc) upload their car history to the network or not. Since it is not an intermediary uploading the data, the information will have higher credibility than what we get when we ask about a car at a dealership. This is one of the main belief; that ultimately, drivers all around the world will benefit from the clear, transparent car data.

thank you for the explain how it work. your team must work hard to implemented this project. btw, who will input the data of this information?

Hello, 3dyx! The input of the car data will most likely to be uploaded by the owner of the vehicle himself/herself, via the BlocVehicle app. This will guarantee a steady flow of information, with compensation in the form of our VCL token as a reward! Third parties, such as insurance companies or car repair shops may be able to participate in the uploading process as well, but only with the approval from the customer/owner. There are details explained in our litepaper/whitepaper, translated into Chinese, English, Korean, and Japanese on our website, but feel free to ask us any more details that come across your mind. Thank you for your interest in our project.