Autochaintrade App

Autochaintrade App

AutoChainTrade, a decentralised automotive trading platform that utilizes Ordinal NFTs to offer a secure and transparent way to buy and sell vehicles.

Autochaintrade App

Autochaintrade App

AutoChainTrade, a decentralised automotive trading platform that utilizes Ordinal NFTs to offer a secure and transparent way to buy and sell vehicles.

The problem Autochaintrade App solves

It offers problem-solving benefits for all vehicles enthusiasts—from dealers to buyers because when an Ordinal is inscribed, the specifics of the date, time, and addresses involved are permanently recorded. This indelible timestamp is significant, especially in this age of AI and deep fakes, where verifying the authenticity of documents, images, and videos is paramount.
Each vehicle on the platform is assigned a unique Ordinal NFT, providing verifiable ownership and provenance throughout its lifecycle. When a car is listed for sale on AutoChainTrade, the corresponding Ordinal NFT is transferred to the new owner upon purchase.

Challenges we ran into

Poor internet connectivity and limited access to electricity in our
country . we use alternative means to generate electricity to power
most of our gadgets .

Discussion