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.
ChainX aims to facilitate asset interoperability with other blockchains It measures users' mining power based on the market value of BTC, DOT, ETH, ERC20, EOS and other assets that are deposited in an inter-chain bridge.