A private investors is interested in our token as an excellent investment.
The chart below identifies and quantifies costs that can be significantly reduced by the respective Industry Participants
The cost can be reduced so much,
I am surprising that blockchain can cut so much cost , I really want to know some details of cost reduction, It's really amazing
Vehicle Lifecycle Blockchain (“VLB”) offers solutions and creates the following value for all Vehicle Lifecycle Industry Participant.
Insurance Companies:
— Optimized policy pricing
— Better claim management
— Cross-marketing Opportunities
Vehicle Manufacturers:
— Transparent vehicle warranty management
— Maintenance MSRP Monitoring
OEMs:
— Transparent spare part warranty management
— Predictive inventory plannin
Repair Shops:
— Customer flow from insu-rance providers & through Carfix developed B2C portal
Car Owners:
— Maximize resale value of the vehicle
— Demonstrate compliance with the maintenance requirements of auto manufacturer warranties
— Demonstrate a reliable record of spare part replacements to enforce warranties against OEM’s
— Minimize insurance policy fees by demonstrating safe driving records