sabqie: AUTOBLOCK

Intoduction

The automotive industry is a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles, some of them are called automakers. It is one of the world's most important economic sectors by revenue. The automotive industry does not include industries dedicated to the maintenance of automobiles following delivery to the end-user, such as automobile repair shops and motor fuel filling stations.

The term automotive was created from Greek autos (self), and Latin motivus (of motion) to represent any form of self-powered vehicle. This term was proposed by Elmer Sperry.

The automotive industry began in the 1860s with hundreds of manufacturers that pioneered the horseless carriage. For many decades, the United States led the world in total automobile production.

In 1929, before the Great Depression, the world had 32,028,500 automobiles in use, and the U.S. automobile industry produced over 90% of them. At that time the U.S. had one car per 4.87 persons. After World War II, the U.S. produced about 75 percent of world's auto production. In 1980, the U.S. was overtaken by Japan and then became world's leader again in 1994.

In 2006, Japan narrowly passed the U.S. in production and held this rank until 2009, when China took the top spot with 13.8 million units. With 19.3 million units manufactured in 2012, China almost doubled the U.S. production, with 10.3 million units, while Japan was in third place with 9.9 million units. From 1970 (140 models) over 1998 (260 models) to 2012 (684 models), the number of automobile models in the U.S. has grown exponentially.

In reference with the motion of this article, Today! I will be presenting you a particular undisputed project called: AUTOBLOCK

What is AUTOBLOCK?
AUTOBLOCK: Can be define as a Facilitating Worldwide vehicle purchase, valuations, and specification access a Blockchain evolved suite of products that will become indispensable as well as the automotive industry standard.

What Makes The Auto Block Stand Out? We're transforming the way people buy, sell and research cars. AutoBlock will revolutionize the auto industry and make it transparent so sales and purchases can take place without mishaps. A car sales portal for car dealers that accept the AutoCoin to advertise their stock free of charge, opening up new markets for them. Initially, prestige, performance and classic cars being transacted across the globe using AutoCoin, followed en masse by volume car dealers. Set to revolutionize used car valuations and vehicle data, Auto Block’s mission is to serve professionals such as insurance companies, car dealers and leasing companies in the motor industry with accurate and easy access to data and valuations. The Blockchain technology used to gather the real-time valuations with the help of live data will result in a rich database of all vehicle specifications which exist throughout the world. The Auto Block’s technology will make it possible for individual.

About

A car sales portal for car dealers that accept the AutoCoin to advertise their stock free of charge, opening up new markets for them. Initially, prestige, performance and classic cars being transacted across the globe using AutoCoin, followed en masse by volume car dealers.

Set to revolutionize used car valuations and vehicle data, Auto Block’s mission is to serve professionals such as insurance companies, car dealers and leasing companies in the motor industry with accurate and easy access to data and valuations. The Blockchain technology used to gather the real-time valuations with the help of live data will result in a rich database of all vehicle specifications which exist throughout the world. The Auto Block’s technology will make it possible for individuals and businesses alike to access information about car data and valuations no matter where they are.

Blockchain technology is proving invaluable in a vast arena of business and commerce. The unique requirements of the Automotive Industry match perfectly with the shared ledger underpinnings and security that Blockchain uniquely offers.

Revolutionising opportunities in real time vehicle valuations by location as well as centralizing and making sense of new and used vehicle specifications and data Worldwide, our dedicated Blockchain development team have perfected systems that allow the easy collation and delivery of this complex information.

ICO

The ICO is a natural supplementary funding source to further accelerate the development and global adoption of the AUTOBLOCK PLATFORM

While the Auto Block cryptocurrency has a long list of compelling reasons why you should think about adapting it, here are some which are the most evident.
Significantly lower transaction fees – you pay with no add-on bank charges.
Security against Identity Theft. No credit card or bank details being stored by 3rd parties.
Easy International payments that do not require lengthy and protracted exchange rate considerations.
Very highest level of fraud prevention.
TheAutoCoin utilizes Block Chain technology and ensures that counterfeits and chargebacks are not possible.
Making transactions quicker, easier, and a lot safer.

Alocation token

PreICO Price 1 AUTOCOIN = 0.000181818 ETH
Price 1 AUTOCOIN = 0.00025 ETH

Bonus Available
MVP/Prototype Available
Platform Ethereum
Accepting ETH
Minimum investment 0.20 ETH
Soft cap 5,000 ETH
Hard cap 40,000 ETH
Country UK
Whitelist/KYC Yes

Roadmap