The AutoBlock



standout321







Past, present and future of the AutoBlock





The AutoBlock provides a solution to some of the major problems of the automotive industry. Through Blockchain technology, the combination of services will digitize financial transactions, improve the vehicle rating system and make vehicle data more reliable and accessible.





As the processes to make such a transformational concept a reality are anything but simple, the AutoBlock has divided it into smaller, achievable milestones.





Here's a timeline of everything the AutoBlock has achieved:





The past

The journey of the AutoBlock began in early 2017. The idea for the technology arose when the inventors realized that a sophisticated system was needed that could streamline the automotive industry. Once the proof of concept was completed and the first investments were made, the heads of development were decided.





Progress has been made by the third quarter of 2017, and at the same time the White Paper has been working. Finally, before the end of the year, the regional office was set up, and data of more than 300 million were collected.

The gift

In the first quarter of 2018, The AutoBlock released the alpha version of the platform, and API Services development began. At present, the pre-ICO phase has been set up with e-wallet and seed round funding. Before officially entering the 4th and final quarter of 2018, The AutoBlock hopes to establish ICO, develop the mobile app, and make the services live and available to its members.





The future of the AutoBlock

In the final months of this year, The AutoBlock plans to expand its project geographically, introduce the alpha version of the payment system, and initiate development services in the Indian market and in South Africa.





Finally, in 2019, the company will complete the development phase and officially become operational once the shares are allotted, the Fiat currency conversion system will be completed and live services will be opened to commercial customers.





The second quarter of 2019 marks the end of the first phases in which traders will embark, the green car project begins and development continues in all directions.





Although both bitcoin and blockchain technology are used in many different scenarios, the automotive sector still needs to explore the ever-growing trend. Luckily, with the AutoBlock being determined to give answers to some of the toughest questions, dealers and buyers can hope to use a system that revolves around them and their convenience.

For more information, please visit:





Website: https://www.theautoblock.com





Medium: https: //medium.com/@autoblockx





Telegram: https: //t.me/autoblockofficial

Author: standout321





Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1756728





My Ethereum wallet address: 0x495A548499e336311Dec1219b9Fa34df00769c13



