Larno: Autobay Is The First e-commerce Platform Based On The Ethereum Blockchain

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Peaceful universe, this time I will discuss about ICO or AUTOBAY project, thank you for taking the time to read this article. Sampean Pancen Ngeten (JOSS).

Autobay is the first e-commerce platform based on the Ethereum block chain, which lets users sell, buy, and auction car using encryption as a payment method. Theobox aims to build legitimacy into the encryption market by enabling Bitcoin (BTC), Ethereum (ETH), Autobay Token (ABX) to acquire goods as a financial asset. This will be the world's largest automotive environment.

In the 20 years from 1997 to 2006, the automotive industry has almost completely mimicked generations from 54 mllon units to 94 million units per year. Car activity destroys two main special units, new cars and used cars.

Population expansions around the world can now access the purchase of passenger cars, truckers, or family cars, and access to people who launch used cars to buy more. These two meetings have raised more than $ 3 trillion in annual funding.

To achieve this, the used auto industry in China, the largest automotive market on the planet, has increased tenfold in the last decade, reaching 94 billion dollars in 2016 and 37 million in the US Used cars sold

Motorbikes are safe, simple and safe. He searched for a special car he was trying to buy, he was driving or actually split up and paying for the car, through a wallet inserted in the app, an elegant Chain block smart contract.

Autobay acquires direct acquisition procedures because each exchange is defined as a block chain box. Ethereum makes Record proof owner and records the majority of information from the exchanges, car highlights future buyers can monitor car history, protect the process, make it safe and peaceful Please be careful.

Good thing Profit

The seller will have a large audience to show off his car.

The buyer will make the vehicle look larger than the local or regional auction.

Buyers can make payments through secret breaches at a very low cost.

Buyers can purchase pre-sales - general sales motorcycle token at a discounted price and pay for a later vehicle at a higher price.

Autobay accepts Cryptocurrency (BTC, ETH, ABX) exclusively as a payment method, but the FIAT currency is not accepted. Cryptocurrency is also used as a payment method for users to pay for vehicle publications and for companies to advertise their brands to site ad banners.

Payments by ABX provide Bitcoin (BTC) and Ethereum (ETH) which will bring users and benefits to create more competitive prices and higher utilities for the ABX token. Problems When buying a new vehicle, almost everyone needs to bring the FIAT currency with cash, from the bank, or from home to the dealer, accompanied by a stressful and unstable process.

When buying used cars, the industry as a whole is based solely on cash sales policies, increasing uncertainty during the process. In addition, when buying a used car from a private seller, he is forced to travel to an unknown place, claiming that an unknown seller has the car he wants and a cash deal in a very uncomfortable situation.

Risks such as loss of money, theft, fraudulent payments, lost time are part of the risk associated with cash payments. Over the past 100 years, the car purchase process is the same, old and unsafe part. process.

The Autobay solution allows everyone to buy a car using cryptocurrency as a way of paying by users from around the world and let users promote their car so you can view it online This is a patented e-commerce platform that allows it. Theautobay creates a much easier and safer experience when buying a car and allows people to buy a car in three easy and safe steps.

The first step is people need to find the car they want, using filters to shorten the search for a brand, model, year, millage, price range, or specific location (within kilometers, radius).

In the second step, when someone finds the car they want, whether they are new or for use, they just say that I will visit the place where the vehicle is located to evaluate the car. Please click the button displayed in the publication saying that happy and say that it is interested. By pressing the buttons I am interested in, the parties, sellers and buyers will receive profile information with each other.

People are the third step when they agree to buy a vehicle that does not require cash payments, the most important thing is the only thing that buyers should do is the app on their mobile device. Opening the Autobay distribution and entering the "I'm interested" menu, a list of all the interesting cars, interested buyers, he then asks for a post on a particular car he wants to buy, and DAPP Through a pinned wallet he can make a deposit for an advanced or full payment , select the desired cryptocurrency. pay "push" as a push, he made a contract Pay Smart car with chain block eiterium.

In motorcycles, auctions are always available. Auctions are not the normal functions that exist on the daily platform, but as in the case of auto exposions around the world, they are shared by the state at regular intervals of time (ie once a month, everyone from all over the world will be there to be special events after buying a car directly at auction, offer will only be done in currency of encryption