Auto Coin – The Token for Buying Cars Using Cryptocurrency

osede01 (25)in #autoblock • 6 years ago

Preface
There are so many solutions that the crypto space has made possible. Before the advancement of bitcoin, no online merchant accepts crypto currencies but now there’s a gradual progress towards solving the major challenge faced by the crypto world being main stream adoption. Also, it is noteworthy to mention the fact that despite the various technological developments that the digital world otherwise called the crypto world has witnessed, there’s still a drawback in the area of synergizing and harmonizing the automotive industry with the world of crypto currency.

Just recently, I was conducting a research based on what I have been thinking about lately as regards the possibility of potential car buyers purchasing cars using cryptocurrencies. This decision to embark on this research was borne out of the fact that I have had an experience with a car dealer before that’s about two (2) months back to be precise. I had some cryptocurrencies saved on my e-wallet and wanted to purchase a Toyota Corolla 2009 model so I offered to pay for the car in cryptocurrency as I had issues with my bank at that time. To my utmost surprise I was declined from the possibility of buying the car using cryptocurrency. This did not make sense to me as I got really upset that even with the high level of global crypto awareness; a car seller would refuse to receive payment in cryptocurrency. To cut the long story short, I ended up not buying the Toyota Corolla that very day until some weeks later when my bank issues was resolved and paid in fiat money.

The aforementioned experience I had with the car dealer motivated and inspired my quest to conduct a research as to why there is no existing platform where cars could be bought using cryptocurrencies as well as being globally accepted. Again, to my surprise I was able to stumble on a project called “Auto Block” which is in view of solving the challenge faced by car buyers of not being able to pay for cars using cryptocurrencies. This formed the basis of writing this article as I intend to not just consume the information I have about Auto Block Platform but to also share it with my viewers so they can know about the great benefits and solutions of Auto Block.

What is Auto Block / AutoCoin?
Auto Block is a crypto based platform utilizing the technology of blockchain to provide key solutions to the crypt community thereby giving everyone the possibility to be able to purchase cars using cryptocurrencies. With Auto Block platform, signed users of the platform can be able to buy cars directly from sellers/dealers using AutoCoin which is the official cryptocurrency of Auto Block Platform. With AutoCoin, the issue of not being able to purchase cars using cryptocurrencies will be a thing of the past. Also, on the platform, cars available for sale with details of their history are displayed in a catalogue where buyers could go and make selections of cars that meets their specifications, requirements, and need. The Autoblock platform leverages on the security and transparency of ethereum blockchain devoid of identity theft and interference from financial institutions. The platform shall encompass a user friendly interface to make sure that users are able to make use of the platform in a very easy and efficient way.

As part of Auto Block project realization plan, the project team have decided to offer her AutoCoin tokens for sale as part of their ICO (initial coin offering) phase of the project. Therefore, this gives the general public the opportunity to participate in this project by purchasing her AutoCoin tokens as only holders of the tokens can be able to make use of the platform. This is because all transactions, payments, and activities on Auto Block platform shall be carried out using AutoCoin cryptocurrency.

Recommendation
Based on my extensive research about AutoCoin tokens and AutoBlock platform, I’m convinced that the project will turn out successful. In the light of this, I strongly recommend that you all purchase as much AutoCoin tokens as possible during the ongoing token sales.

To learn more about Auto Block platform and how you can buy her AutoCoin tokens, please visit any of the following links:

Website: https://www.theautoblock.com/

Whitepaper: https://www.theautoblock.com/uploads/files/20180702092247.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=4570049

Instagram: https://www.instagram.com/theautoblockx/

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

Linkedin: https://www.linkedin.com/company/autoblock/

Telegram: https://t.me/autoblockofficial

Reddit: https://www.reddit.com/user/AutoBlockX

Youtube: https://www.youtube.com/channel/UCPiapKulKoBPkDJLxZjv2TQ

Facebook: https://www.facebook.com/AutoBlockX/

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