Tuesday, August 28, 2018

AUTOBLOCK - Revolutionizing the Automotive Industry and Making It Transparent

Hello everyone, If you are interested in joining the AutoBlock project, it is a good idea to read reviews that can help you get information that might help you in seeing their vision and mission, the following:

Solutions Set to Revolutionize the Automotive Sector

The Auto Block offers a unique set of products which will align cryptocurrency with the mainstream automotive industry by making vehicle transactions secure, fast while also giving you full access to the purchased vehicle’s historical data, NVD (New vehicle data), and valuations. Providing transparency to the buyer, as well as the seller.

What Makes The Auto Block Stand Out?

We're transforming the way people buy, sell and research cars.
AutoBlock will revolutionize the automotive 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 individuals and businesses alike to access information about car data and valuations no matter where they are.

Auto Coin and it's use

Making transactions quicker, easier, and a lot safer
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 utilises Block Chain technology and ensures that counterfeits and chargebacks are not possible.

How does it work

Our Eco-System
At the heart of AutoBlock is our hybrid blockchain technology, utilizing the best of public and private blockchains. This will allow for the seamless transfer of vehicle data using smart contracts which forms the foundation of our fair vehicle valuations platform;  purchasing a car through the portal, transferring the funds instantly and cashing out the proceeds in either fiat, crypto or both via our internal exchange.

Our Payment Card

Card balance in USD, EUROFast and easy loan cash-inRepay your loanOur dedicated AutoCoin card will allow quick and easy secure transactions for not only car purchase but also repairs and maintenance, monthly leasing payments with a vision towards fuel and electric charging points.

Token Functions
  • TargetSoft Cap: 5,000 ETH Hard Cap: 40,000 ETH
  • Token NatureAutocoin will initially be ERC-20 tokens. Once our main net is live, we will be swapping all ERC-20 ATC tokens to ATC tokens on our native Blockchain on a 1:1 ratio.
  • Token TypeAutocoin will be a Security token. Token holders will be entitled to a share of any profits made. Dividends will be paid out as a ratio of tokens held: total tokens.
  • Number of TokensThere will only ever be 400 Million tokens created.
  • Value of TokenThe token price will be 1 ATC = $0.25. The Ethereum rate will be pegged once the sale has started.
  • Currencies AcceptedYou can purchase Autocoin with Ethereum, Bitcoin or Litecoin.
Allocation of Tokens

Road Map
A clearly defined roadmap and process towards both ICO and product delivery

Q1- 2017 Idea of Auto Block
The idea for Auto Block is born
Proof of concept
First investment received

Q2- 2017 R & D
Research & Development
Team finalising for the development

Q3- 2017 Intial Development
Development Started
Initial private Investment Round
White paper started

Q4- 2017 Regional Office
Regional Office Set up (London)
Data gathering of over 30+ million

Q1- 2018 ICO & Team Plan
ICO Planning
Team Hiring
Seed Round Funding

Q2- 2018 Seed Round
Preperation for STO
Team Expansion
Dealer onboarding

Q3- 2018 STO Lunch planing
Platform live for dealers
License for Exchange

Q4- 2018 Payment System
STO Launch
Testnet Launch
Main Dealerships on boarding
Exchange Listing
Mobile App (IOS & Android)

Q1-2019 Alpha Version of services
Geographical expansion of Dealerships onto platform
Leasing cars on Finance with AutoCoin
Internal Exchange Launch
Services would be live for Members (Alpha Version)

Q2-2019 Commercial Services
Valuation service Alpha
Live services with Commercial Clients (Alpha)
Expansion into New regions with POS systems
(EU, Turkey, UAE & Kuwait)

Q3-2019 FServices for Fleet Companies
Valuation Services Beta
Permission for Fleet Management
Companies to Access our Blockchain

Q4-2019 POS For Other Sectors
POS integrated with parking systems (Pay for parking with Autocoin)
POS system integrated with pay to ride services (Taxi, etc)
Electric Charge Points Alpha with integrated POS

Q2-2020 Car Sharing APP
Car Sharing App Alpha Live
Alpha version of Valuation system launching in EU and Asian Market

Q3 - 2020 Beta Version of Services
Beta Version of Valuation System live
POS system active in African markets

Q4 - 2020 UK base Crypto Banking
Product Enhancement
Acquire Crypto based Bank Asset
Launch banking sort code and account services

To find out more. You can connect more with AutoBlock at the link below:

Bitcointalk username: Aray80

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