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.
DDK is a community platform that aims to create economic opportunities through the development of blockchain solutions. Since 2015, the DDK community claims to have contributed to a number of blockchain platforms.The DDK platform uses the Delegated Proof of Stake (DPoS) mechanism within its core. According to DDK, one of the advantages of a DPoS blockchain is that it depends on community members to participate in the maintenance and security of the platform so that each member’s participation provides benefit for all.