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.
Trade.io uses a peer-to-peer platforms to support the trading of a wide range of assets, and will be launching our own cryptocurrency, the Trade Token, which will be available to purchase via PRE-ICO from 7 November, 2017. The Trade Token is a utility token that enables frictionless transactions of a wide range of assets on the trade.io exchange whilst also acting as a medium of exchange and a store of value that could become more valuable in line with the growth of users and increasing use of the trading platform.