CAR Project will bring in the tried and tested decentralized application model into the luxury CARs business industry. Until now who want to buy or rent a sport, luxury CAR had to use third party centralized service or platform with intermediaries who charge an additional commission. This commission often eats into the earnings of the Service Providers/ CAR Dealers and makes prices higher, to be borne by the clients. The use of blockchain, smart contracts and cryptocurrencies helps the CAR platform to maintain low operating and transaction costs.
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