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CarBlock's Blockchain Ecosystem Revolutionizes the Way Driving Data is Distributed for the Automotive IndustryCarBlock, the world's first decentralized blockchain ecosystem that is specifically designed for future transportation applications just launched, with the intention of addressing the major pain points in the current connected car and transportation industry. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180320006642/en/ Learn more about the newest blockchain ecosystem to disrupt the auto industry! (Graphic: Business Wire) The pain points the company aims to solve are:
"As veterans of the car industry, we have seen the need for a transparent ecosystem for all vehicle data to be collected and shared in safe, secure, and mutually beneficial way," said Alex Lee, Founder of CarBlock. "We are confident that through the use of blockchain, CarBlock's ecosystem will meet the needs of drivers, developers, and manufacturers worldwide, creating a better driving experience and additional revenue opportunities for everyone on the road." CarBlock's first partnership is with one of the world's leading connected device companies, nonda. nonda will be the first to use CarBlock tokens (known as CAR) as a reward to current users who are collecting valuable data on a daily basis. nonda's ZUS Connected Car System provides aftermarket car safety products, like vehicle health monitors and backup cameras, that allow every car on the road to become a connected car - and eventually, a token mining machine. CarBlock has built a team of seasoned entrepreneurs and developers, and received great feedback and support from industry renowned investors and advisors. CarBlock will issue CAR tokens as the currency for the future transportation industry. CAR tokens can circulate immediately after being issued via nonda's current business and is expected to expand to additional partners in Q2 of 2018. About CarBlock CarBlock is the world's first blockchain-based transportation solution built on data generated by smart devices. This circulation of car data on the blockchain is set to disrupt the entire connected car industry. You can find out more information about CarBlock, its partners, and current happenings find us at carblock.io or join our Telegram group at t.me/carblockofficial FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements, including statements regarding the appointment of advisors. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward looking statements, oral or written, made by itself or on its behalf, except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180320006642/en/ |