How is blockchain technology implemented in your solution?

Our project is based on the usage of blockchain as a decentralized data storage system that provides transparency and integrity of the entire process. Our smart contract is built to ensure the creation of a unified worldwide system that will be able to pull the most accurate, objective, and verifiable information pertaining to a particular vehicle. Due to a decentralized nature of our platform, VINchain’s database will be directly shared without a central administrator, blockchain transactions will have their own proof of validity and authorization to enforce the constraints. For the same reason - due to its decentralized nature and resistance to network attacks - it will be immune to any fraud, so users can be 100% confident that supplied information is transparent and reliable.

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