E-Motive - Decentralized Automotive Marketplace for Vehicles
Overview Consumers face a lot of trouble finding and purchasing vehicles. In addition, there is little clarity in pricing and terms, making it a time-consuming process that makes it difficult to buy and sell a vehicle easily. The automotive market of the future will be starkly different from that of today. It will need to be more integrated and offer on-demand and personalized services that will include autonomous, shared, and connected cars. Blockchain has the potential to play a major role in underpinning the industry transformation that is coming. There is a need for a system that enables secure data exchange and a tamper-proof archive for vehicle records and shipping events in the automotive industry. This system will cut the number of delays and fraud, saving shipping businesses millions of dollars. So, the E-Motive is here. What is E-Motive? E-Motive Auto Exchange is a decentralized finance auto marketplace (De-Fi), where anybody can buy, sell, or exchange a vehicle from anywhe