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.
VEIL is an open source cryptocurrency with a world-first combination of Stealth Addressing, Confidential Transactions, RingCT and Zerocoin protocol with Bulletproofs to provide secure transaction privacy & efficiency. VEIL project is backed by an experienced team with a vision to develop the most advanced privacy focused cryptocurrency in the market.