How the Blockchain is going to disrupt the automotive market.
CARDATA is a revolutionary mobile APP and ecosystem that lets anyone without prior crypto-knowledge use services in cars. For our users, it does not matter how we do it. What matters is that we can enhance the driving experience, making it #digital. Users share their data, get paid and benefit from blockchain technology seamlessly. Ever wondered why the iPhone is successful? Because of the experience. Let us bring you iCars, with CARDATA at the heart of the technology. In the benefit of everyone, we disrupt the automotive industry.
Car condition, Government registration, insurance rebates and valuable data for car manufacturers will result in a never-before-seen driving experience for the driver and the passengers. The users are like the engine of the network. Unlike other media businesses, where 100% of the platform’s value goes to the shareholders, CARDATA rewards users through a cryptocurrency token (CDT).
The concept addresses some of the core problems social networks are facing due to the reliance on advertising. CARDATA is more than just a mobile APP - it lets users monetize their valuable car data while having more fun.
Problems & Solutions
PROBLEM OF TODAYS CAR ECONOMY
Everyone is talking about autonomous cars, but over the years no one has gathered the data to be able to develop it.
Insurance companies as well as governments and used car buyers are heavily looking for any valuable data from cars. Added to that, car manufacturers are craving to improve their R&D with valuable data from everyday drivers. Offering more safety and performance, along with a great driving experience and accident preventative mechanisms is an overwhelming task for car manufacturers and technology companies. But how can the Blockchain help solve all these problems?
CARDATA is a Blockchain connected App that is making this valuable data available across all manufacturers, with the addition of BIG DATA from vehicles. We will put the data on the Blockchain in a way so it cannot be changed. carData also develops machine-learning apps, competing with other Apps that will use the blockchain economy, to offer safety and performance tips to drivers to improve their driving experience and prevent accidents.
CARDATA develops a cloud-based social database implementing full privacy and anonymity for our users. carData will then become the main cloud-based search engine for data in cars. carData is using their existing Hardware and Software, which is already available on the market today.
WHO SHOULD JOIN CARDATA?
SHARE FOR REWARDS
SHARE FOR REWARDS
CARDATA rewards its users for creating content and sharing their passion in form of pictures and videos. When you upload something, people can "like" your content - the "like" function acts like a lever - every "like" creates a monetary reward, which means you get paid directly from the support of others.
CARDATA revolutionizes the concept of traditional social media by offering currency as an incentive for content creation. Usually monetized content requires growing an audience first, but with carData even new users can benefit from the system.
SOCIAL COMMUNITY ON WHEELS
With CARDATA you can take part in or even schedule your own car meetups. Not only will you earn income through participating in meetups, but also through "liking" and commenting on the content of other users.
When using the "like" function, you don’t give away coins, but instead earn a monetary reward as well. Currently, the curators of social media networks are overlooked and there are no implementation plans that would reward those who spend their time interacting on social media networks. We REWARD active users who give value to the content creators, by giving back a proportional share of payouts and distribute it accordingly.
CAR INSURANCE 2.0
With CARDATA, insurance 2.0 will become a reality. Read the case study. Are you a defensive driver? Our App will be widely accepted as proof of your driving behaviour and skills. This data, combined with your actual usage of the car, will allow you to get the best quote from your insurance. Insurance 2.0 will be based on data from the CARDATA Blockchain.
For example if you are a defensive driver with a reputation, and only drive less than 10.000 km per year. You can choose a pay-as-you-go car insurance that allows you to pay insurance by the hour or by the km that the car is in use. How awesome is that?
Terms of service are rules by which one must agree to abide in order to use a service.
Terms of service can also be merely a disclaimer, especially regarding the use of websites.
A white paper is an authoritative report or guide that informs readers concisely about a complex issue and presents the issuing body's philosophy on the matter. It is meant to help readers understand an issue, solve a problem, or make a decision.
The initial British term concerning a type of government-issued document has proliferated, taking a somewhat new meaning in business. In business, a white paper is closer to a form of marketing presentation, a tool meant to persuade customers and partners and promote a product or viewpoint, White papers may be considered grey literature.
Since the early 1990s, the term "white paper", or "whitepaper", has been applied to documents used as marketing or sales tools in business.
Pre-Sale & Values
The first token sale (also known as an ICO) was held by Mastercoin in
July 2013. Ethereum raised money with a token sale in 2014.
ICO will start in
- Private placement
CARDATA has raised €1M in a joint venture deal!
Get your tokens for the best price: We fixed the Ether price at $350. Join now and get a higher discount.
- Public PRE-ITS starts 1 Sept
- Public PRE-ITS ends 3 Sept
- Public ITS starts 1 Nov
- Acceptable currencies ETH, BTC, USD, CNY, CHF, HKD
- Min transaction amount 0.5 ETH / 0.1 BTC
- Number of tokens for sale 50,000,000 CDT (0.5%)
A NEXT GENERATION CAR NETWORK
A cryptocurrency wallet stores the public and private keys which can be used to receive or spend
the cryptocurrency. A wallet can contain multiple public and private key pairs.
Android & ios app
Mobile app development is done in-house by our core developers. These applications can be installed on phones or cars during manufacturing platforms, or delivered as web application using server-side or client-side processing to provide an "application-like" experience when integrating with older car technology.
- SMART DATA & PAYMENTS
- SOCIAL REWARDS
- TRANSPARENT ECOSYSTEM
- MEDIA AND DATA NETWORK
- INTEGRATED MARKETPLACE
- ANONYMOUS DATA SHARING
Here is the CARDATA Roadmap.
We are in the exploring phase and will update the roadmap when necessary.
Decentralized cryptocurrency is produced by the entire cryptocurrency system collectively
at a rate which is defined when the system is created and which is publicly known.
The validity of each cryptocurrency's coins is provided by a blockchain. A blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a hash pointer as a link to a previous block, a timestamp and transaction data. By design, blockchains are inherently resistant to modification of the data. a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for validating new blocks. Once recorded
The block time is the average time it takes for the network to generate one extra block in the blockchain. Some blockchains create a new block as frequently as every five seconds.
The ICO takes place before the project is completed, and helps fund the expenses
undertaken by the founding team until launch.
To calculate the number of tokens you’ll receive, you can follow the following formula. Note that this applies to public presale contributions only. If you participated through a syndicate or private presale,
To calculate the number of tokens you’ll receive, you can follow the following formula. Note that this applies to public presale contributions only. If you participated through a syndicate or private presale, these numbers may differ.
Initial Value: 1 ETH = 35000 CDT
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium
of exchange that uses cryptography to secure its transactions.
Years of combined experience
Years of blockchain experience
Digital currency is a money balance recorded electronically on
a stored-value card or other device. Another form of electronic money is network money.
Originally the term "FAQ" referred to the Frequently Asked Question itself, and the
compilation of questions and answers was known as a "FAQ list" or some similar expression.
Have questions? We’re happy to help.
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