Description

CarBlock is a blockchain-based transportation solution built on data generated by smart devices. Through Genesis, its CAR Token Mining Machine, the company provides a blockchain-based infrastructure for the automobile market. For car maintenance and repair services, drivers can transact with CAR tokens to send the data to service providers. CarBlock also allows for the creation of trustworthy vehicle reports for used car transactions. Car owners can potentially obtain more attractive pricing by authorizing insurance companies to access their car's data and pay with CAR tokens.