Created by the recognized Blockchain Regtech leader Coinfirm, AMLT is the first dedicated token that will ensure transparency and democratization of the financial system by allowing market participants to help determine the potential risk of others.
It is a blockchain-based ecosystem that connects all services, like the car dealer shops, mechanic shops and car rental companies, that touch your car to collect its lifetime data. Participants from automobile-related companies, services or trade industry will be connected and they will insert core data related to driving, traffic accidents, repairs and other car-related transactions into the blockchain. Participants who provide data related to automobile will receive MVL Point (MVP), a reward system used to encourage contribution to the ecosystem.