4 Features Of The AutoCoin That Make It The Best
Blockchain technology has started to go mainstream. While previously it was just used in cryptocurrency, now we see it creeping into other industries as well. One such industry is the automotive industry.
Blockchain technology can transform the automobile industry for the better. It can be used to secure transactions of cars, develop a data management system to benefit the value-chain, and to improve self-autonomous cars.
One solution that has incorporated blockchain in the automotive industry is the AutoCoin delivered by the AutoBlock.
What is the AutoCoin? It is a digital currency that is made explicitly for the automobile industry. Rather than conducting transactions in fiat currency, the AutoCoin allows you to do it all using a digital platform.
Here are some best features of the AutoCoin that make worth investing in.
If you are familiar with how Bitcoin and Ethereum works, you can expect AutoCoin to work in the same way. It also uses blockchain technology to secure your data. Every data that is accessed is encrypted to safeguard your privacy and information. This makes the transaction less risky.
The most significant feature of the AutoCoin is that it makes any deal seem less costly than before. Sometimes you don’t even realize how much more money you end up spending when you buy and sell cars through financial intermediaries. This is because they charge a transaction cost from you. However, if you use the AutoCoin, you can avoid these extra costs and only pay the price of the car.
The AutoBlock is a platform that transcends borders. You can be sitting in one country and purchase an automobile to another using the AutoCoin. Usually, the cost of any transaction that occurs over borders is dependent on the prevailing exchange rates. For a layman, this can get confusing as well. A good feature of the AutoCoin is that it is not dependent on exchange rates. Rather than having to convert your dollars into pounds (or any other currency for that matter), you can complete the sale using the AutoCoin.
When you think of investing in cryptocurrencies, the chances are you think of Bitcoin. Seldom is the probability that you would think of investing in AutoCoin. However, the fact that this solution has great potential makes it a lucrative ICO to invest in. Since it is a new concept in the automotive world, you will be able to realize immense benefit if you invest early on.
Conclusion
AutoCoin is just one of the quality solutions delivered by the AutoBlock. You can also benefit from its vehicle valuation system and p2p selling platform. You can say that there is something for all. Use the AutoCoin rather than fiat currency to carry out your vehicle transactions. Make your life easier than before. Stop worrying about identity theft and exchange rates.
This Post Originally published at www.theautoblock.com on November 7, 2018.
repost by:Chubylaw
Tidak ada komentar:
Posting Komentar