VinChain - Decentralized Vehicle History

About VinChain
VinChain blockchain is a database that records all information relating to the vehicle. For each vehicle, the information accumulated during the entire period of use. This history is transparent and accessible to everyone. To protect the accuracy of the information, distributed storage technology used. This guarantees absolute reliability and data security.
Project VinChain solves the problem of asymmetric information in
second-hand vehicle market by making the repository a decentralized vehicle life cycle, unchanged, transparent, secure, and reliable.
In the future, the technology can be adapted to the adjacent market segments: construction machinery, yachts, real estate.
The purpose of the project
1. Create blocks with different levels of access and information protection.
The level of data security should be in accordance with the needs of government agencies.
2. Unite the participants in the automotive industry, such as
manufacturers, insurance companies, dealers, workshops,
developers of navigation systems, into a single ecosystem for
the need for data exchange.
3. Create the infrastructure and provide direct access to the database for each market participant.

How it works?
When prompted, the information corresponding to
the requested VIN number will be searched and selected on the block.
Each record will have information about the data provider, date, VIN and car usage.

Solutions offered VinChain

For every car we will issue the Passport blockchain, which will be stored in the distributed list. VinChain project will bring together all data providers and create a car’s history continues, without any centralized database shortcomings. Market participants such as car manufacturers, car dealers, insurance companies, leasing companies and banks all need a history of exploitation and they need transparency, affordability, reliability and authenticity. Current buyers choose car can also immediately ordered our report.

The advantage of using blockchain technology VinChain:

  • Blockchain can store information about vehicle care
  • The opportunity to adjust the access levels for different users
  • Absolute reliability
  • A transparent system of rewards for data suppliers
  • The opportunity to work directly with any market participants
  • Resistance to attack the network


For more information, please visit the link below:
Official Web : https://vinchain.io/en
Telegram : https://t.me/vinchainio
Whitepaper : https://vinchain.io/files/white_paper.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=2349186.0.L

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