EpicVIN Partners Blockchain Powered Vehicle Data Marketplace Vinchain
EpicVIN has inked a partnership with VINchain, a pioneering automobile information marketplace on the blockchain. In the EpicVIN marketplace, customers can find brand new and used automobiles from dealerships all around the country in one convenient location.
Autoinspect.us LLC, a National Motor Vehicle Title Information System (NMVTIS)-licensed data supplier, powers EpicVIN’s vehicle repository. EpicVIN’s vehicle information reporting solution is now much easier to employ and more secure because to the integration of the company’s blockchain technology. All customers can observe any modification made to the information that is safeguarded by blockchain technology since the system logs each and every alteration.
EpicVIN is a pioneer in the field of tracking down the past of motor vehicles. As a result of its cooperation with VinChain, EpicVIN is able to provide its customers with the most up-to-date customer care possible. With a single click, customers can access distinct car data that cannot be updated without informing all other blockchain participants, allowing them to make informed purchases.
Currently, VINchain has been the only blockchain-based marketplace for automotive data transmission. The system members include automobile manufacturers, insurers, automotive dealerships, service centers, purchasers, and sellers. It allows safe data sharing. Car owners will be able to keep track of their vehicle’s record with the latest VINchain Vehicle Care software from their mobile devices thanks to its user-friendly features and blockchain-backed history logging.
There are a number of solutions available to users that are fueled by VINchain tokens, which account for the future of the automobile sector. There has never been a ready-to-use platform that can accommodate the entire information transmission procedures on a single safe platform before. Manufacturers, car data aggregators, dealerships, lenders, insurers, and buyers and sellers all benefit from EpicVIN and VINchain’s safe data exchange capabilities now that the two firms have joined forces.
Using a distinct 17-character VIN, EpicVIN’s automobile report information delivers details from more than 350 million entries in a safe database. There are a variety of useful facts included within every EpicVIN car record, such as odometer readings and ownership information, as well as details on flood devastation or accidents, as well as data on lemon records, maintenance records, and previous owners (for instance taxi, rental, or even patrol vehicle).
The evolution of car history keeping lies in blockchain technology. EpicVIN and VINchain are making it easy and safe to buy a secondhand car. Past vehicles are now more accessible than ever before for vendors. Individuals and automobile dealerships benefit from having immediate access to vehicle data reports. When it comes to manufacturing, the ability to keep track of a car’s past information in a safe and comfortable location is critical to its long-term performance and value to the buyer. With EpicVIN, the promise of blockchain technology is currently being delivered to safeguard new and used car sales.
Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.