In Lewis Carroll’s “Alice in Wonderland” a fascinating world opens up to Alice through a rabbit hole. A rabbit hole metaphorically represents a gateway to new opportunities that no longer are related to the rabbit hole itself. Vehicle Lifecycle Industry is gargantuan in size and scope — $1.8 trillion.

Vehicle Lifecycle Blockchain and the interface software initially developed by CarFix, opens up opportunities for integration with other blockchains and other software engineers to develop purpose built applications to solve wide ranging commercial and operational issues for industry participants and players in auxiliary sectors.

Opportunities in the VLB “rabbit hole” are endless.

These are just some of the possibilities that can be supported by the VLB Token fueled blockchain:

- Driverless car software can be integrated into the blockchain to prompt vehicles to obtain regular maintenance services at certain mileage milestones. A maintenance record in the Vehicle Lifecycle Blockchain would be required in order for the software to allow the driverless vehicle to operate. A fleet management company or such vehicle owner would be able to verify that the maintenance job was performed at an authorized repair shop with authorized spare parts at an algorithmically determined fixed price.

- An OEM supply chain blockchain could be integrated with Vehicle Lifecycle Blockchain to verify the authenticity of installed spare parts to prevent the use of faulty or damaged parts and “knockoffs”.

- Car sharing and “car as a service” applications can be integrated into the Vehicle Lifecycle Blockchain in order to prevent clients from using poorly maintained, damaged or otherwise unsafe vehicles.

- There are numerous IoT integration opportunities that can be exploited by both established Industry Participants and disruptive newcomers to leverage the power of the Vehicle Lifecycle Blockchain.

After the completion of the blockchain’s decentralized rollout it will become available to the IT teams of industry participants beyond CarFix. The decentralized development opportunities to create applications and tailor them to a broad range of business needs will only further underpin the demand for VLB Tokens and will increase their turnover through the system.

CarFix is the developer of Vehicle Lifecycle Blockchain that has already created a broad ecosystem of industry players in the vehicle lifecycle industry and is currently selling VLB Tokens to develop the blockchain to support it.

To learn more, visit www.vlb.io and download the White Paper.