Incede / AutoChain

Leasing Automobiles on Blockchain

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Auto Chain

Registry for cars new and old

Marketplace for used cars

auto sales and lead acquisition, vehicle history reports, auto marketing and auto financing

Auto Attributes

make model colour reg
owner scrapped status leasecontractid

Participant attributes

regulator manufactrer dealership lease company leasee scrap merchant

Stages of Auto

Vehicle is created as a template by the regulator.
Vehicle template is transferred to the manufacturer.
Manufacturer updates the vehicle template to define it as a vehicle giving it a make, model, reg etc.
Manufacturer transfers the vehicle to dealership to be sold.
Dealership transfers the vehicle to a lease company.
Lease company transfers the vehicle to a leasee. The vehicle is not leased instead the application is showing what would happen if the lease were to have come to an end and the leasee activated the purchase option.
Leasee transfers the vehicle to a scrap merchant so that it can be scrapped.
Scrap merchant scraps the vehicle.

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Leasing Automobiles on Blockchain