CarBlock is the world’s first blockchain-based transportation solution to the problem of non-transparent data circulation in the connected car and transportation industry.
Why
Privacy concerns
Many car companies collect users’ data without permission so users lack control over their data.
Lack of incentive
Car owners have no obvious incentive to provide data to companies in the automobile industry.
Non-transparent data exchange
Currently, car owners rarely know how the data they generate is used.
Market
€39 billion
The projected size of the global connected car market by the end of 2018.
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