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Breakthrough: Open Source Blockchain Ecosystem Solution to Bring Transparency & Data Security to $2.8 T Pre-Owned Auto Industry
2019-02-27 23:02:30| AutomotiveDigest.com - Automotive Industry News
The Auto Finance Industry Problem: The auto industry has long struggled with a lack of transparency and widespread information inaccuracies, from titling all the way through financing, Independent dealers, government agencies, including Departments of Motor Vehicles, insurers, financing companies and individuals. There has been a lack of a standardized system that provides a reliable means of sharing and authenticating information such as vehicle information numbers (VIN), make, model, title, sales and service history. Open source Blockchain operating system has been needed to power the consolidation of data on millions of vehicles to fight fraud and streamline auto information sharing The Solution: Fusion Foundation, a non-profit organization on a mission to build the ideal financial infrastructure, has been chosen by the Automotive eXchange Platform (AXP) to improve access to accurate consolidated data on millions of vehicles in the $2.8 trillion pre-owned automotive industry. See, learn, and understand how this Blockchain Breakthrough will transform the entire Used Vehicle Market the next 3 years or less. ________________________________________________________________ The Article <a href="https://automotivedigest.com/wp-content/uploads/2019/02/AXP-Fusion-Finance-Solutions.pdf"><img src="https://automotivedigest.com/wp-content/uploads/2019/02/Blockchain-Image-450x234.png" alt width="450" height="234" class="aligncenter size-medium wp-image-202317"> <strong><span style="Font-size:150%;">Breakthrough: Open Source Blockchain Ecosystem Solution to Bring Transparency & Data Security to $2.8 T Pre-Owned Auto Industry</span></strong></a> appeared first on Automotive Digest.
Weak sales in China drag down global auto market: Scotiabank
2019-02-26 16:48:35| Canadian Plastics Headlines
Excluding China, Scotiabanks most recent Global Auto Report says, vehicle purchases fell by 3 per cent year-over-year worldwide. The post Weak sales in China drag down global auto market: Scotiabank appeared first on Canadian Plastics.
Ontario announces $40 million for auto sector plan
2019-02-15 19:37:32| Canadian Plastics Headlines
The announcement is part of a 10-year plan for strengthening the auto sector's competitiveness. The post Ontario announces $40 million for auto sector plan appeared first on Canadian Plastics.
Tags: plan
auto
million
sector
Georgia Auto Parts Distributor Cited for Fire, Electric Shock, and Struck-By Hazards
2019-02-12 22:29:48| Electrical Construction & Maintenance
Norcross, Ga.-based company faces $133,406 in penalties
Carbon and Automobili Lamborghini partner to manufacture digitally auto parts at scale
2019-02-12 11:57:03| Green Car Congress
Tags: auto
partner
parts
scale
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