CarVertical is a blockchain platform that uses multiple sources to provide reports about a vehicle's history. Its smart contracts run on Ethereum and the CV is an ERC-20 token.
Users can insert a vehicle's VIN number to check if it's in the database of stolen cars, previous prices, authentic odometer reading at different times, photos of the vehicles and registry of accidents or damages made to it. Users that submit verifiable information about their identity and their car's are rewarded withShow more [+] CV tokens.
maintenance logs. Reports can be bought with fiat or CV tokens. It also features an app, the carvertical,CITY, that uses IOTA Tangle (requiring an OBD device) to aid drivers to automatically check in and out of paid parking zones.
It has a staking mechanism which gives discounts for reports based on the number of tokens staked.
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