Buy Your Car at AUTOBAY

In this day many cars are as smart as computers, yet somehow the infrastructure around them is lagging behind. Consider this, automotive industry is only second to real estate in the amount of FIAT currency transactions per year. Almost everyone, at some point, had to take out and carry large amounts of cash with the intention to buy a new vehicle, especially where used car dealerships are concerned. It is a huge risk, both physical and monetary, not something that should exist in the 21st century.

Cryptocurrency and blockchain technology in the right hands are capable of remedying the situation. Introducing AutoBay – a decentralized e-commerce platform, created to give users the ability to purchase vehicles and to promote their vehicles online for sale, using cryptocurrencies as a payment method.

Autobay is an ecommerce platform based on the blockchain technology that allows users to sell, buy and auction
cars using cryptocurrency as payment method. This will bring transparency in the purchasing process as every single transaction will recorded in the Ethereum blockchain. Records of all transactions will enable future buyers to have the information of cars history.

Another extremely beneficial feature for both sides of the transaction is an embedded AutoBay crypto wallet, that will attract even people with no previous experience with cryptocurrencies, allow them to acquire tokens with no extra fees and show how much simpler the trade is, compared to traditional routes.

Just to receive more insight into how the marketplace will work, it is worth checking out AutoBay's bidding system, car publication plans (these range from free to paid, depending on the user's needs), revenue from advertising and statistical data sharing. For more info on this multifaceted platform, technical details and overall strategy of the company, please check out the AutoBay's extensive whitepaper.

The AutoBay tokens (ABX) are ERC Standard tokens, based on the Ethereum blockchain, that are used to create smart contracts between users and as payment method. Additionally, BTC and ETH will also be allowed for payment, albeit without a discount, and it is expected that this integration will increase the value of cryptocurrencies.

Team

Official Information :

Website : https://www.autobay.io/
Whitepaper : https://www.autobay.io/whitepaper
Facebook : https://www.facebook.com/Autobay.io/
Twitter : https://twitter.com/Autobayio
Telegram : https://t.me/joinchat/ITvfuxJDzSr2ahw5Mvh-Lg
ANN Thread : https://bitcointalk.org/index.php?topic=3327461

By Abete : https://bitcointalk.org/index.php?action=profile;u=1183989
eth : 0x677aB9d9e169F5E9a01cefABcB3638116D58eE24