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.
'OVCODE is an award winning blockchain verification engine. OVCODE is a patented technology that helps you verify, publish, and permanently store your life’s trusted data. OVCODE is a fully running system and has implemented real world use cases for government and enterprise. OVCODE's mission is to fuel the future of data verification and build the future of integrity and trust. OVCODE, A New Era of Trust '