Autobay is the first Ethereum blockchain e-commerce platform that allows users to sell, buy and sell cars using cryptocurrency as a payment method.
In almost 20 years, from 1997 to 2006, the automotive industry has almost copied its generation, from 54,000,000 units to 94,000,000 units created in a year. The automotive activity destroys two main specialized units, new and used vehicles. The expansion of the population around the world that would now be able to access the purchase of a vehicle, a truck driver or a family vehicle and those individuals who launch their used cars to buy another. These two meetings have made a turnover of over $ 3 trillion (US dollars) a year.
The two markets have expanded exponentially over the last 20 years and are expected to continue to develop. On the other side, through the development of the web and the expansion of smartphones (reaching 1 in 3 individuals on the planet), the business phases of the internet have become the quickest and most complex approach to offer products of any kind, and the vehicles they are not the special case.
The cryptocurrency market has seen, by itself, an incredible increase in its market in the vicinity of 2016 and 2017 and then again from December 2017 an expansive fluctuation of their qualities that makes it vulnerable to speculators and organizations that wish to contribute to raising a condition of constant cryptocurrency. The main purpose behind this precarious result is the fact that many forms of digital money have no characteristic esteem instead of the way in which there is a limited supply of such cryptographic money and an extraordinary request made through its curiosity factor, and a broad level of these offers essentially the same, it is an installment strategy with few or none of the requirements between them.
Autobay is a decentralized web-based business phase that allows customers to advance their vehicles for the pleasure of viewing anyone who moves from their web based allowing customers around the world to purchase such vehicles using digital currencies as a technique installment Autobay makes a very rearranged, safe experience in buying a vehicle, allowing people to buy a car in just 3 simple and safe progress. Step one, the individual needs to examine the car he needs, using channels that shorten his own request to a particular brand, demonstrate, year, thousandth, price range and area (reach in km).
Step two, when a man finds the car he needs, both new and used, he simply clicks into the stop that appears in the distribution that says they are intrigued, implying that they are willing to visit the area where the vehicle is located , to probe the car. Squeezing the catch are intrigued, the two rallies, seller and buyer get each other's profile data. In this sense, one of the components that make it vulnerable weakens, since the dealer knows who offers the car and can see the past audits of several customers who have purchased from him previously and private merchants know who to let into their homes .
Step three, and most importantly, when the individual has consented to the purchase of the vehicle, it is not necessary for the installments of the money, the main thing that the buyer has to do is open the Autobay Decentralized app on their mobile phone , enter "I'm intrigued" menu, in which a postage of the considerable number of cars the buyer was intrigued
AutoBay Safe, simple and safe. at that moment, at that point, look for the post on the particular car that wants to buy, and through a portfolio inserted in the application, can make a propeller or the entire installment, choosing the cryptocurrency with which he wants to pay and crushing the outlet " Buy "created the Smart Contract in the Ethereum blockchain that pays for the car.
Autobay will obtain the simple obtaining procedure as each exchange will be set as a square in the Ethereum block which records a record of possession and records most of the information of the exchange by recording the highlights of the car authorizing prospective buyers to monitor the chronology of the machines, creating a safe, secure and peaceful process
In terms of how Autobay comes to isolate itself from any cryptocurrency on the market is motivated by the fact that, unexpectedly, there will be an Internet business phase that will allow people to buy large amounts only in cryptocurrency, there will be no permitted FIAT rata.
In fact, Autobay will stimulate a development in the crypto group since it will open the cryptocurrency condition to individuals with near-zero involvement,
It will allow people all over the world to experience the simplicity of this type of installation by giving them an inserted portfolio.
Allow anyone to obtain digital currencies without the lengthy procedure of opening a record in trading specialists and cryptocurrency,
Allow individuals to obtain cryptocurrency without the charges made by dealers (between 0.5 and 2%)
Make a real incentive for Bitcoin, Ethereum e
Autobay tokens, as their estimate will be confirmed by the products available, which makes them a real interest.
Elements
Autobay will have a range of potential results for its customers, the first to offer and purchase cars as specified above, by owners or private dealers. Dealers of favorable positions will have when they promote their automobiles in the Autobay phase it is that they will have the equipment to solve and break down their particular market. For example, given the capture "I'm intrigued" will share the profile data between the parties, the dealers will have a reasonable understanding of the request that has each last of their vehicles, allowing them to adjust costs, make advances or marketing projects with a specific end goal to build their offers and therefore benefit the buyer.
In the same way Autobay will allow auctions on a particular premise of time. The sell-offs will not be a usual component that will be available on stage every day, however, for example, it occurs in Cars all over the world, they will be unique occasions at a particular time in the nation.
For more information :
Website: https://www.autobay.io/
Whitepaper: https://www.autobay.io/whitepaper
Facebook: https://www.facebook.com/Autobay.io/
Twitter: https: //twitter.com/Autobayio
Author : kepodehkamu28
Eth : 0x605315A87F14892D9f6dc871092B1c9608564173
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