The AutoBlock is a groundbreaking cryptocurrency platform based on blockchain technology which is geared to bring cryptocurrency to mainstream automotive space to make things more secured and transparent and faster.

August 31, 2018: A new cryptocurrency platform is all set to revolutionize the automotive industry through blockchain infrastructure. Rightly titled “The Auto Block”, the crypto portal is aimed to bring cryptocurrency to mainstream automobile industry to make transactions more secured and faster and also assures complete access to the purchased vehicle’s historical data. The futuristic platform is soon to announce its pre-ICO the coming month.

The pre-ICO will be launched in the 3^rd quarter of August 2018 with 30% bonus. The token price for the pre-ICO stage is – 1 ATC (AutoBlock token) = $0.25.

“AutoBlock is committed to revolutionize the automotive industry by making it more transparent through decentralized blockchain infrastructure so that sales & purchases can take place without mishaps”, stated a leading spokesperson from AutoBlock team.

Car sales portals for car dealers can deploy AutoCoin to advertise their stock free of charge which will further open up new markets for them. The cryptocoin will cover transactions for all kinds of cars and vehicles across the globe.

“AutoBlock is also driven by the mission to extend most accurate and impartial car valuations & vehicle data. It will help the sellers to set a reasonable seller’s margin and also enable buyers to take the most informed decision with the cars. AutoBlock deploys blockchain technology to collect real-time valuations of vehicles with the help of live data that will produce an enriched database packed with all kinds of vehicle specifications. Regardless of your physical location, with AutoBlock, you will be able to access any information regarding car data and valuation.”

One of the main USPs of AutoBlock is its hybrid blockchain base which covers the best of both private and public blockchains. It allows easy and seamless transfer of vehicle data  through smart contract.

“As an AutoBlock member, you will enjoy several amazing perks. You will be able to purchase your desired car through our blockchain portal, transfer funds in seconds as well as cash out the proceeds in either crypto or fiat or even both through our in-built exchange.”

AutoBlock stands out with a host of state of the art benefits-

• Considerably lower transaction fees as there is no question of add-on bank charges here.
• Easy payments internationally without the hassle of protracted and lengthy exchange rate issues.
• Solid security against identity theft as your bank details and credit card data will not be stored by third parties.
• Highest level of fraud protection as blockchain technology eliminates risks of chargebacks and counterfeits.

For more information, please visit https://www.theautoblock.com/