PISAU UMAT: AutoBay

AutoBay Image result for autobay

Introduction

Buying and selling is a common form of transaction that is often done by the public. Typically, the sale and purchase agreement is oral or written on the basis of agreement of the parties (seller and buyer). Currently, the sale and purchase agreement has undergone many developments, especially regarding the procedures or system (rules) used. One of them is the use of Indent system which is a form of object development in the sale and purchase agreement, especially for goods that will be there.
Currently, the need for vehicles in major cities is increasing. However, the price of the vehicle is still somewhat expensive to be the reason many people make used cars as an alternative. People now tend not to bother. As long as the vehicle condition is still good and can be used safely, they will pick it up.

In addition to the profit and loss cases that may be experienced when buying a car from a broker, you also can not ensure the conditions directly from the car you want to buy for resale. Different when getting it from the owner directly. You can kidnap yourself about the condition of the used car and analyze what is the problem of the car to determine the resale price.

Image result for autobay

About AutoBay

Autobay lets you buy, sell, and auction new and used cars from personal vendors and dealers from around the world in the largest neighborhood of e-commerce blockchain. You will be able to pay with cryptocurrency for your desired car with a low transaction rate and with a free cash payment process security.

Autobay will allow user reviews to create an ideal environment for safe and secure transactions to occur, allowing buyers to get reviews about sellers and dealers. Sellers on the other hand will increase their sales through a backend platform that will allow them, among other tools, to view stats on every vehicle posted and a list of interested potential buyers.

Autobay is the first e-commerce platform based on Ethereum blockchain that allows users to sell, buy, and auction vehicles using cryptocurrency as a method of payment. Every year more than 80,000,000 new cars are sold worldwide and only in the US more than 100,000 used cars are sold every day, through an obsolete money-dependent process. Autobay's vision is to create real value for cryptocurrency that enables them to act as a financial asset to buy goods (vehicles in this case) while solving everyday problems of the car industry, creating a much safer, simpler and safer process to buy vehicles. Autobay's main goal is to create legitimacy into the cryptocurrency market by enabling the use of Bitcoin (BTC), Ethereum (ETH) and Autobay Tokens (ABX) as financial assets to acquire goods (cars, trucks and motorcycles).

Problem

When buying a new vehicle almost everyone at one point must bring FIAT currency in cash, either from or to the bank or from their home to a dealer that involves a stressful and insecure process. When buying used cars, we realize that the entire industry is based on cash sales policies alone, creating greater uncertainty during the process. Furthermore, when buying used cars from private sellers, people are forced to travel to unknown locations, where unknown sellers claim to own the cars they want and make cash transactions in very uncomfortable situations. Risks like losing money, being robbed, payments with fake records and lost time are part of the risk involved in cash payments. Over the past 100 years, the process of purchasing vehicles has been the same part, and is outdated and unsafe. process.

Solution

Autobay is a patented e-commerce platform that allows users to promote their vehicles so everyone can view them online, enabling users from around the world to buy a vehicle using cryptocurrency as a payment method. Theautobay creates a much simpler and safer experience when buying a vehicle, allowing people to buy a car with just 3 easy and safe steps.

The first step, the person must find the car they want, using a filter that shortens their search for brand, model, year, millage, price range and specific location (radius within km).

The second step, when someone finds the car they want, either new or used, they just click the button that appears in the publication that says I'm interested, which means that they are willing to visit the location where the vehicle is located, to assess the car. By pressing the button I am interested, both parties, the seller and the buyer receive each other's profile information.

Why Autobay?

SAFE PAYMENT
Secure secure payments and transactions between parties.
LOW COST
Low cost pay with ABX, BTC, and ETH
UTILITY
Tokens are used as payments for vehicle purchases and car posts on e-commerce platforms
GIFT
Promotions, discounts and prizes will be awarded to users who pay with ABX through other crypto currencies.
USER VERIFICATION
Verify users via social media, phone numbers, user reviews, etc.
BETTER USER EXPERIENCE
Stress free because it does not require cash payment, easy and simple transactions
USER REVIEWS
Users will be reviewed to make the community better and fairer
SAFE TRANSACTIONS
Blockchain ensures a solid registry for every transaction detail.