Short description
carVertical is a blockchain-based solution that gathers as much information as possible about cars’ history from different sources like centralized country registries, police and Interpol databases, insurance, leasing, claims handling service databases, privately owned registries, paid APIs, other sources and puts it into blockchain registry. We will also create an environment where users are providing us permission to retrieve the data of a vehicle they own.
Abstract
carVertical is blockchain-based vehicle history registry. We collect large quantity of information from a lot of different trusted sources, organize it in the form of records and store it in blockchain. We then feed this information into our data analysis stack, which, by using machine learning and advanced mathematical models, calculates the real value. Most of our elements will be open sourced and our system will be moving to full decentralization to preserve transparency. We will incentivize and empower users to easily collect and get rewarded for the data they own. They are content creators.