Nasdacoin is an encrypted and decentralized Virtual Currency, open source, point-to-point, developed with the scrypt algorithm in the POW/POS Hybrid format that allows people with an entrepreneurial and passionate profile about the financial and technology market to store and invest their wealth in a safe currency not controlled by the government and even gain a substantial investment interest.
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.