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carVertical ICO

Category: Транспорт

Blockchain registry with complete vehicle history

Hard cap (usd): 12609561.47
Country of ICO: Estonia
1 Звезда2 Звезды3 Звезды4 Звезды5 Звезд ( среднее: 2.3 из 5)
The ICO stage: Ended
Token type: Ethereum
Available for: all
  • Start date: 26.12.2017
  • End date: 14.02.2018
  • Soft cap: 2825947 USD
  • Hard cap: 12609561.47 USD
  • Currency of presale: ETH, AUD
  • Token price on the presale: 0.000004 ETH
  • Discounts and bonuses: Wave 1 bonus 45%; Wave 2 bonus 35%; Wave 3 bonus 25%; Wave 4 bonus 15%; Wave 5 bonus 10%; Wave 6 bonus 5%;

4 major problems automotive industry is facing:

  • Closed access data
  • Scattered historical data with limited access
  • No ability to share data between centralized databases
  • Used car owners and buyers are not aware of the full history of the car

The idea and solution

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.

All data that’s in the blockchain registry cannot be changed, faked, rewritten or manipulated. It provides full transparency and builds trust. And most importantly, all car’s history data becomes de-centralized and publicly accessible. This is key element why we chose to execute project as blockchain registry.

Any person or company who checks car’s data via carVertical product can be 100% sure that no one manipulated its mileage, all insured accidents are logged and data about the car is as extensive as possible.

Project team
Audrius Kucinskas Co-Founder. Full Stack Engineer
Alex Nelkinas Full Stack Engineer
Arunas Vaitkus Blockchain Engineer Data Architect
Justinas Gulbinas System Administrator Back-end Developer
Robertas Boravskis Co-Founder. Marketing Specialist
Rokas Medonis Co-Founder. CEO
Sarunas Legeckas Business Developer (Partnerships)
Adomas Baltagalvis Performance Marketing Specialist
Gediminas Cibulskis Creative
Lukas Kukuraitis UI/UX & Graphic Designer
Aleksandras Gaska Community Relations & Partnerships
Martynas Kavaliauskas IoT Solutions Engineer
Nerius Rutkauskas Data Analyst Software Developer
Nicolas Klaus Business Developer
John Mack President & CEO CIE Automotive China
Steve Chernysh Vice President Russian Automobile Dealers Association
Anatoly Ressin CEO BlockVis
Raid Naim ex-IT Chief Architect BMW Group
Olaf Zschiedrich Global CTO OLX Group (Naspers Limited)
Gian Avignone Managing Director AutoColab LTD
Peter Kuepper Head of Transmissions’ Program Management BMW Group
Samer Ghanem Information Security Strategist City of New York
Fabio Cardoni Founder & CEO The Black Douglas Motorcycle Co.
Jonas Udris Deputy Director Lithuanian Center of Registers
Tadas Volbikas CEO & Board Member Legator
Mindaugas Valancius Data Protection Lawyer
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