Motorcoin

About Motorcoin token

Motorcoin is a blockchain-based cryptocurrency that targets the motor trade industry. It is a decentralized platform for secure and transparent vehicle sales and maintenance. Through the use of blockchain technology, Motorcoin avoids the need for intermediaries making it more efficient in buying, selling and servicing vehicles. The platform utilizes smart contracts to automate and secure vehicle sales thereby ensuring transparency in the process. Furthermore, detailed vehicle history reports, maintenance tracking as well as a market place where users can transact cryptocurrencies with respect to vehicles are also provided by MotorCoin. Motorcoin introduces a decentralised vehicle ownership verification system which has never been seen before in this ecosystem. This allows buyers access to reliable vehicle information as it securely records detailed ownership history on a blockchain thus minimizing fraud risk substantially.