Locus Chain is a state of the art blockchain protocol that can maintain stable transaction time even if the number of nodes and transactions increase using Account Wise Transaction Chain (AWTC). Through the use of AWTC, Locus Chain is able to provide high transaction speed for every user in the eco-system and the network.
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.