CarVertical is an interesting project that isn't that well known. CarVertical wants ensure that your car buying experience goes really well and that there isn't any damage that you are unaware of when buying a car.
They can accomplish this goal by getting data from cars via their OBD. (on-board diagnostic devices) The blockchain will allow them to ensure that there isn't any changed, faked, or manipulated data. CarVertical plans on licensing their technology to several major car companies, and they have already made deals with BMW and Volkswagen as well as a few other big partnerships.
Buying a car that is in good condition can be very difficult sometimes as car dealerships will often hide damage done to a car in order to try and make a sale. CarVertical will have an extensive registry including where the vehicle was manufactured, accurate odometer readings, any reported accidents, required maintenance, etc.
When you visit their website you can see how big of a problem they think this when you buy a car. CarVertical plans to launch worldwide overtime and their product goes live tomorrow in Lithuania, which is one of the 4 EU markets they plan on launching in this year. This may or may not be a good short-term investment, but this is probably a very good long-term investment. The team is not hiding and seems to be very transparent, so this is always a good sign when you are investing. Considering that TrueCar has been a huge success and this is kind of similar because it is trying to be a car registry, I would rate this as a good one to hold onto.
Here is the link to their website: https://www.carvertical.com/
Here's a link to Coinmarketcap: https://coinmarketcap.com/currencies/carvertical/
The recent bear market is probably starting to make everyone believe that the crypto market is completely dead, but I don't think so. Strong projects should survive the storm.
A great project that I have big confidence in, especially after the VW partnership.
bullish.
Interested to see how this is going to be done, not bullish on any real value being created
I think its revolution in the history of automobiles.
Well said sir
Was so impressed by the vision when i first read about it.
Thanks for sharing, for the depth and clarity @the4thmusketeer
how much cv is required to see the report of a car.
Flagged for vote farming @steemflagrewards
how it is spam tell me. @hanen people can upvote their comment and post.
Steem Flag Rewards mention comment has been approved! Thank you for reporting this abuse, @hanen categorized as vote farming. This post was submitted via our Discord Community channel. Check us out on the following link!
SFR Discord
This post was resteemed by @steemvote and received a 92.68% Upvote. Send 0.5 SBD or STEEM to @steemvote
Woow great
You have recieved a free upvote from minnowpond, Send 0.1 -> 10 SBD with your post url as the memo to recieve an upvote from up to 100 accounts!
Grat sir
How Cool!
You got a 83.33% upvote from @coolbot courtesy of @the4thmusketeer!
Help us grow, delegate today!
Really cool
Very nice post.Follow me and upvote my posts so I can upvote and comment on your every post
Appreciate it
Nice post
Posted using Partiko Android
Appreciate it
vow this project would be difficult but once it is implemented it would be greak out for vehicles , because we will not find unwanted vehicles on the road, and this would help to reduce pollution and traffic
Well said sir
Hlo sir plz follow me and likevmy post latesthttps://steemit.com/@nitinkanojia1/feed
Appreciate it
very cool post thanks for sharing
Appreciate it
I think this is a interesting project but I cannot see the deals with BMW and such. MOBI is a large scale system set up to push blockchain products and give them a chance to work. Lastly I ama bit worried when a project states " Why CarVertical will be worth 6 billion in 5 years" on their website.
CarVertical is an awesome project. You're right. This is one of those projects who could survive the storm.
Congratulations @the4thmusketeer!
Your post was mentioned in the Steemit Hit Parade in the following category:
i really CV with their endeavors and upcoming projects. They made me believe to their promising project, and to add up this one https://www.carvertical.com/blog/autonomous-future-bringing-iot-benefits-to-everyday-life it seems like they never stop to strive improving and be more better. Imagine it automatically starts counting time parking in a paid zone
Another great thing about this project is that they have a solution for car parking and it will make our travel or going to a new places easier and checks the transaction and provides users with the latest information. The video will tells it all