Carnomaly, an innovative online automotive marketplace, is now changing the way cars are purchased. Through this blockchain-powered platform, it is now possible to buy cars online using Bitcoin, Ethereum, and Litecoin.
Plano, TX, Feb 02, 2021 /prREACH/ -- Buying automobiles using cryptocurrency has become easier with the emergence of Carnomaly.com. This blockchain-powered online automotive marketplace allows users to buy cars using Bitcoin, Ethereum, and Litecoin. Cars can also be purchased using the CARR token (Carnomaly’s Ethereum-based ERC-20 token) that members can buy via several popular cryptocurrency exchanges.
To find out more about purchasing cars using cryptocurrency, please visit https://carnomaly.com/.
The car buying process at Carnomaly involves finding a vehicle, paying with cryptocurrency, confirming the payment with a dealer, and arranging shipment from anywhere in the world. Prospective buyers can browse cars by style and choose from their favorite trucks, coupes, sedans, SUVs, hatchbacks, and convertibles. It is possible to buy cars used as well as new on the platform.
Utilizing a series of robust technology solutions, Carnomaly aims to bring digital innovation to the automotive industry through the power of blockchain technology. Many experts believe that innovations such as CarrChain and CarrDefi will have a long-lasting impact on the way people buy, sell, shop, report and finance new or used vehicles. Unlike most other car buying sites, Carnomaly also offers an excellent dealer’s program.
Accessed via the Web, CarrChain is a digital profile for vehicles secured by blockchain technology. CarrChain creates a “Digital Vehicle Identification Number'' for each car in the system. Every detail remains safely stored within the blockchain, secure from tampering or alteration. History reports from CarrChain are accurate, detailed and transparent, which means a fairer vehicle price for sellers, says Carnomaly.
The tech company has also created the crypto-powered solution, CarrDefi, that it says will overcome the limitations of an outdated and inflexible auto lending process. This decentralized blockchain system eliminates the role of banks in securing loans and assets. Instead, CarrDefi connects borrowers and lenders to a secured loan pool on a blockchain with a verifiable public history. As a result, Carnomaly members have complete control over their financial assets and can easily carry out peer-to-peer transactions.
“The automotive industry has historically held low consumer satisfaction rates. Carnomaly was founded on the belief that cryptocurrency and blockchain technology offer solutions to some of the most pressing problems in the automotive industry today. Carnomaly’s team of industry experts is using our insider knowledge to pinpoint the problems facing consumers and dealers today. Our fleet of solutions will deliver solutions that not only improve consumer satisfaction but also create an innovative, leading global industry,” said a senior spokesperson from Carnomaly.
Carnomaly recently launched its Initial Exchange Offering (IEO) on January 26. It’s taking place on Numerous Global Exchanges with an allocation of 250,000,000 CARR tokens, available over the next 30 days or until they sell out.
To find out more about Carnomaly’s solution to buy cars online using cryptocurrency, please visit its official website.