Transparency

Carnomaly is Bringing Transparency to the Automotive Industry By DailyCoin


Carnomaly is Bringing Transparency to the Automotive Industry

Over the years, car sales and management (e.g, tracking a car’s history) have been challenging, and using centralized protocols has made it practically impossible to achieve efficient management and tracking systems for such a purpose. Notable reasons for this include trust issues, limited access to information from a global network of users, and lack of transparency, among several others.

For instance, it is quite difficult to access a detailed history of a car before making a purchase. As a result, automobile dealers are mostly in control of the situation, and can easily control the market’s value so that it favours only them.

On the other hand, a consumer or buyer who is unaware of a vehicle’s full history cannot make a well-informed decision about a potential purchase.

Now, after many years of no meaningful endeavour to resolve these major challenges, Carnomaly, a

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