Used car market registration and service history.
Leveraging DLT technology to develop a shared ledger of used car registration and service history. With the service providers transparently and in real time updating the service and vehicle records;
1. Insurance companies can have access to more data, enabling more personalised and targeted products.
2. Buyers can receive individualised insurance, finance products and also gain access to the vehicle’s historical record (services, accidents etc.)
3. Second hand dealers can more accurately and justifiably price the vehicles.