Blocvehicle- Let's Invest
BlocVehicle is a sharing economy service, where everyone can trade and share their used car directly with others. This platform allows people to trade their used car without any dealer’s interference. It is based on reliable car-history data so that people can trade their car peer to peer directly and create a transparent and equal socity. Currently, the market breadth of world’s car insurance is approximately trillion dollars. Among the 200 billion dollars that insurance companies use for advertisements, most of the money are used for banner advertising on internet portals. About 30 dollars are given to the portals for a single click on the banner. Nearly 100 dollars are used if a customer tries to compare three different insurance companies. This results in a vicious circle because the advertising fees become a huge burden for the contractors. BlocVehicle will make the car insurance companies to pay the contractors Vehicle tokens (VCL) instead of the advertising fees. Subse...