Comprehensive Automotive Records Repository Connects Blockchain to the Auto Industry

CarrChain Automotive Records Repository

Carnomaly is changing the future of car ownership with its new app, CarrChain, this comprehensive automotive records repository is designed to connect blockchain technology to the automotive industry.

Carnomaly, the first worldwide automotive rebate platform, and the most advanced online automotive marketplace is happy to introduce its new web-based application, CarrChain. Designed to connect blockchain to the automotive industry, the comprehensive automotive records repository gives vehicle owners the power to manage and update their vehicle’s online profile. Find more about CarrChain

CarrChain and the Automotive Records Repository

“The automotive industry has historically held low consumer satisfaction rates,” says a spokesperson for the company. “Vehicle owners are ready for a new approach to their ownership experience.”

Carnomaly’s solution was to take the automotive industry in a new and exciting direction. The company employed a team with over 30 years of leadership experience in automotive sales and management. With this combined experience, the team has created an innovative app that reimagines each facet of a vehicle owner’s experience. The app encapsulates automotive financing, shopping, online purchasing and ongoing maintenance.

“By harnessing the limitless potential of blockchain and cryptocurrency, we are innovating the future of car ownership,” the spokesperson explains.

Ledger technology

According to an article from Computer World, “Blockchain is a distributed ledger technology that allows data to be stored globally on thousands of servers while letting anyone on the network see everyone else’s entries in near real-time.” For the automotive industry, the integration of blockchain technology opens up new possibilities.

The article says that the technology “holds the promise of transactional transparency — the ability to create secure, real-time communication networks with partners around the globe.” CarrChain offers transparency and security for the automotive industry, and features an impressive list of advantages:

  • Aggregate maintenance details, registration status, claim information, and more from dealers, insurance companies, collision centers and DMVs
  • Easily log maintenance activity (such as oil changes or tire replacement) manually or by uploading an image of the receipt
  • View recall information regarding the vehicle
  • Get real-time updates on the current vehicle market value
  • Find personalized recommendations for engine oil, local repair shops, and more

“The more you update your vehicle’s profile, the more points you earn toward its reputation score. This gives you a competitive edge when it comes time to sell,” the spokesperson concludes. For those interested in additional information about Carnomaly and the future of car ownership with integrated blockchain technology connecting the automotive records repository.

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