7.4. CAR123

CAR123 is a vehicle rent and visiting maintenance service company with 21 years of tradition that stores all information including maintenance/repair/insurance/accidents and more on the blockchain to establish highly credible, stable, and open data housing; it is used for raising the value of vehicles and establishing royalty of the users

Example of verified second-hand vehicles using blockchain

With CAR123 and Nverse’s vehicle data recorded on NAXION, verified second-hand business is held. More credible second-hand vehicle business is possible with unforgeability of blockchain.