Blockchain technology has made developments in the automotive sector with significant impacts expected over the next few years. There is a wider changing room for cryptocurrency to buy conventional payment methods in an increasing market. Virtual currencies can also help startups and existing businesses increase capital. Conducting transactions through the blockchain is only one aspect where technology can be used, with further potential for that technology.
In addition to transactions, blockchain technology can keep transparent and safe records from design to car sales. Vehicles can also provide temporary access to registered users where log data about vehicle use can be registered via the blockchain without faking. In addition, this technology can also benefit the new and used car market by providing a complete vehicle history.
Problem
In 2018, the United States automotive industry reached a little more than 1 trillion dollars in new vehicle sales and 116 billion in spare parts and services. Advertising averages 9.5 billion dollars over the last 3 years with 56.3% of online marketing. Currently consumers use third-party websites to research and shop for their next purchase. These third party websites restrict the way consumers shop vehicles because they only focus on one thing, "Price ". This 3rd party site earns money solely by charging a fee to dealers to register their inventory. So, consumers want the option, why not provide the option for how they can shop for their next vehicle while pushing the cost for the dealer.
Due to the sheer amount of information available online, dealers have become more transparent for consumers to bring them to their showroom. To do so, they should be very enthusiastic about their prices on these third party websites. Over the past ten years, this cycle has pushed lower and lower profit margins for vehicle sales and has allowed 3rd party sites to control the market. Due to the substantial monthly cost of this 3rd party website, the dealer must make a difference somewhere, utilizing a poor customer experience to compensate for price losses.
With an outdated online automotive model, there are several opportunities for improvement. In our research, we have found that most of the top online platforms have no real "in-dealership " Experience in their executive teams. Over the 25 + years our team is working in dealers, we have experienced frustration and lack of referrals gained by consumers with current online models. Carnomaly will deal with this issue for consumers and dealers. We will be launching a digital online platform that is far superior to competitors. Our goal is to provide an easy to navigate platform that helps consumers find vehicles and dealers to control costs, allowing dealers to provide savings to consumers. Carnomaly's goal is to give a win-win to both parties involved.
CARNOMAL SOLUTIONS
Consumers will have many methods to buy a vehicle. They can no longer solely use typical matrices that are owned via the present day platform with totally the fee and miles. Consumers will have new ways to purchase and Carnomaly will furnish them the choices wished to make a desire before even stepping into the showroom floor. Carnomaly will serve 2 markets, buyers and dealers .These components will make the purchasing trip much less difficult and will allow 30,000 + franchises and non-public retailers the opportunity to be in front of these customers. For dealers, we will tackle the price and inventory issues they currently have while assisting them get maintain of cryptocurrency as payment.
CARNOMALY offers features such as:
As you already understand, CARNOMALY is a trading platform in the automotive industry, developed based on Blockchain technology. This fact represents a series of new opportunities for consumers and car dealers themselves. However, the main objective of the project is to eliminate the unnecessary costs of paying more commissions by consumers during the purchase of their cars, as well as directly linking all processes between the dealer and the buyer. Expanding not only the rights, but also the ability of each individual consumer or dealer of a large automotive infrastructure.
the following interesting features will be available in CARNOMALY:
See anonymous specific vehicles. This function will allow you to get the actual price of the car or the discounts available for it in the available offers;
The ability to buy new and supported vehicles in CARNOMALY. With a history of reliable and proven existence;
As well as getting a good discount for purchasing any car, depending on the number of system tokens you have in your account. This means that the more tokens you have, the greater level of membership you have.
It should be understood that for dealers, CARNOMALY has also prepared a number of permits, the use of which will enable them to find seamless inventory exchanges with greater automation. As well as minimizing all related fees and transaction costs. Which in my opinion is also very true and comfortable!
The advantage
Thus, we will know that the developer CARNOMALY intends to make a qualitative revolution in the automotive sector. Practicing new high-tech and modern tools based on cryptography and Blockchain technology.
As far as you all remember, the block structure of a decentralized system is able to restore order in many processes, improve each data type, check for changes. And this is almost the main task of our time. Because there are many people who like to cheat a centralized system with wishful thinking. This will be excluded here at CARNOMALY.
It is this skill that people and dealers will ultimately be able to have interactions with each other in a transparent system, where anyone is responsible for their actions. In addition, the quality and reliability of transactions carried out will be monitored with the help of smart contracts.
Token
And as you can also have guessed, if there is a clever contract inside the project, then, consequently, the token with which the transaction will be carried out is a spinoff phase of the Ethereum Protocol. Moreover, the token itself has a very simple concise identify CARR and meets the ERC-20 standard. In total, 530 million tokens will be issued for the improvement of the project. The primary characteristic of which is to furnish discounts for the purchase of a new or supported automobile to all owners of the CARR token.
As for the percentage and distribution of coins, it will look like this:
How does it all work?
Basically, the use of the CARNOMAL system is quite simple. And what you need is to go to the main CARNOMALY website and go through the registration process, and KYC. After that, you will be asked to go to the next section, where you can buy CARR coins for further use. As soon as the required token amount appears in your wallet balance,
You can really buy any car on the platform.
Consumers who hold CARR tokens will be placed into a level that will allow certain benefits based on the tokens they have. The more tokens you have, the greater the rebate value. Consumers will be able to get a maximum discount of up to 30%, which will be given in CARR tokens which must be sold in the market for exchange. Along with rebates, the tier will also have additional benefits such as several purchases a year that are allowed for rebates, Carnomaly's Automotive retail representatives to help users shop, and give your rebates to friends or family members.
However, in the course of all these recipes, there is one small requirement from the developer CARNOMALY. CARR tokens received in your wallet must be in your balance for at least one day at Carnomaly.io.
When you make a purchase, the platform itself will carefully check all data about the ongoing operation and prepare all the necessary documents. Because all processes in CARNOMALY are transparent and decentralized.
Roadmap
Conclusion.
Blockchain, a technology used in many financial organizations, is ready to be explored by car manufacturers, retailers, and insurance companies; however, several companies have stated their readiness to research and implement their capabilities in their business. In a long-term perspective, distributed ledgers can enable automotive companies to reduce their spending on document workflows, reduce fraud, increase their production, and ensure security for their digital ecosystems. This technology is very promising in the automotive world, it will be easier for the company concerned to comply with regulatory requirements. With this technology the automotive industry can become more efficient and trustworthy.
INFORMATION VISIT CARNOMALY LINK:
WEBSITE: https://carnomaly.io/
TELEGRAM: https://t.me/joinchat/EBeDVhdKmLMgXQ9SUHRguA
WHITEPAPER: https://carnomaly.io/wp-content/uploads/2019/12/Carnomoly_Whitepaper_PROOF_12.18.19_v2.pdf
BITCOINTALK: https://bitcointalk.org/index.php?topic=5217582
FACEBOOK: https://www.facebook.com/Carnomaly/
TWITTER: https://twitter.com/carnomaly
INSTAGRAM: https://www.instagram.com/carnomaly/
YOUTUBE: https://www.youtube.com/channel/UCJ-KbtcHopLGt2C4KXwZJpA
Author: Ispa
profile: https://bitcointalk.org/index.php?action=profile;u=2588590
ETH Address: 0xff3f423219d97e1e16D7B379b1762194364F4734