We cannot help but admire how well blockchain technology has performed since inception, and despite its flaws, the tech has continued to grow by leaps and bounds. One amazing thing about blockchain is the fact that it was discovered that it could function beyond being just the underlying technology for cryptocurrency, as its distributed ledger technology is decentralized and thus brings decentralization among various other features to systems where the technology gets applied. Over time it has been applied to different industries and sectors, and one notable industry where the technology is making headway is the automotive industry.

Since the advent of the automobile industry, there have been lots of improvements in the industry, and every day it keeps getting better because we see amazing products on our roads and at exhibitions. We are well aware of the fact that the ecosystem of the automotive industry is laden with complexities, and that is due the fact that there are different parties involved in the production process, with different sections: the design section, the production process, distribution, products marketing, selling, finance, maintenance and servicing of the vehicles. These complexities have a way of causing some setbacks for the industry.

At the moment some of the problems plaguing the industry include:

• Lack of transparency at different stages of the process
• Lack of proper access to user data to facilitate effective production
• Lack of a global data platform
• Lack of data security
• Alteration and manipulation of records

A major reason why these problems persist is due to the fact that the system is centralized, and as such there are several human factors to consider that may be responsible for the numerous irregularities in the industry. Hence, since the irregularities are as a result of the centralized nature of the system, and the fact that records within the industry are mutable, it is only proper that the solution be a decentralized system with immutability, and you will agree that blockchain technology best fits that description.

Blockchain technology is a decentralized distributed ledger technology with several features that make it perfect for solving the challenges experienced by the automotive industry. Here are some of the features that the blockchain has:

• Decentralization
• Time-stamping
• Accessibility
• Cross-platform Applications
• Cryptography
• Availability
• Security
• Low Transaction Fees
• Customizability
• Scalability
• Fungibility
• API Integration
• Cryptocurrency/ Tokens
• Diversification
• Irreversibility
• Programmability
• Pseudonymous
• Transparency
• Peer-2-peer Connectivity etc.

From the above features, it is clear that the blockchain technology is just the right solution to effectively deal with the challenges faced by the automotive industry. Several companies have come up with different solutions, but they have been barely able to scratch the surface; however, one company has studied the industry properly and can act as the bridge between automobile owners, data market and automobile manufacturers, and they intend to use blockchain technology to achieve this purpose.

Carnomic is a blockchain powered platform that is created as a data marketing hub for automobile owners and automotive manufacturers. The platform intends to function as a solution provider via data marketing and detailed automotive intelligence, which is a welcome development, as such data will help automotive manufacturers identify just how best to improve on their systems. Carnomic is coming to the scene with some interesting features like:

• The platform will make use of the features that come with blockchain technology to facilitate an immutable public record, thus promoting transparency, and making it impossible for the records to get altered or manipulated.
• The platform is creating a kind of social network that will unite people who love cars and also make it possible for automotive manufacturers to collect data from car lovers. The users of the platform can sell the information to the manufacturers in order to earn Carnomic tokens.
• As part of the platform’s plans to make it profitable for users, they will be able to sell their Carnomic tokens in exchange for Fiat currencies, or they can use the tokens to earn more tokens on the platform via getting involved in different activities, or even pay for goods and services.
• It will interest you to know that the platform also comes with a marketplace to facilitate the buying and selling of cars.

Worldwide, the automobile industry’s worth is more than $1.5 Trillion, and the worth keeps increasing every day, as technological innovations keep getting better, more automobiles get produced, hence, it is imperative that automobile manufacturers take innovations further by adopting the use of accurate data received from market research and analytical models that are modern and in line with the trends in innovative technologies. One of the highlights of the platform is that it creates an avenue for both the automobile brands and car owners to connect and get value from the industry.

The mission is to make it possible for the automotive industry to purchase data globally, and in the process, create wealth, promote transparency, trust, and loyalty via the use of the Carmonic token on the platform.

Objectively, the social media platform is dedicated to car brands, car lovers, and care marketers. Breaking that down further, it translates to the fact that users will have access to a platform where proper registration of their cars can take place, and they can also get involved in different activities on the platform, as well as go into car trades.

The brand’s value is expected to experience some increase with the roll-out of more services and products from the company, as seen on the roadmap. There is a lot to achieve with this innovative technology, and bridging the gap between car owners, car manufacturers, and authentic market data, is one of the achievements that will facilitate the creation of a stronger and better automotive industry, and a world where data owners are in total control of their data.

To learn more about Carnomic, please make sure to follow our social accounts listed below. If you have any questions please reach out on Telegram.

Carnomic Website | Twitter |Facebook | Telegram

Summary: Carnomic is pleased to announce they have joined forces with Renault, Nissan, and Mitsubishi to provide the car dealers and manufacturers with a positive marketing platform.

This partnership with Carnomic will start with the Renault, Nissan and Mitsubishi dealers in Lower Saxony in Germany. Renault Schlesner has been in business for over 50 Years. In 2017 the German magazine “kfz-betrieb” gave the Car Dealer the Award “Best-Car-dealer”. The partnership with Carnomic is an important step into digitalization, which this car dealer won’t miss out on.

Carnomic is a unique blockchain based marketing platform for car owners/lovers that allows users to profit from their own data. Car manufacturers and dealers can use this data to increase their bottomline and improve their strategic operations.

Carnomic users will profit directly from the new car and other advertisements provided by these Renault, Nissan and Mitsubishi dealers. The Renault, Nissan and Mitsubishi dealers will benefit from this brand new, highly efficient marketing acquisition channel.

Of the company’s new partnership, Carnomic’s CEO had this to say, "This partnership marks a turning point in history and shows the auto industry is interested and open to ideas that have never been available before."

Founded in 1999, the Renault Nissan Mitsubishi Alliance is the world's leading automotive partnership. The alliance has 10.76 million cars sold in 2018, 122 manufacturing plants world wide and 450 thousand employees. 

For more information on Carnomic, please visit https://carnomic.io

About Carnomic

Unique marketing platform for car owners/lovers that allows users to profit from their own data.

About The Renault–Nissan–Mitsubishi Alliance

The Renault–Nissan–Mitsubishi Alliance is a French-Japanese strategic partnership between the automobile manufacturers Renault, Nissan and Mitsubishi Motors, which together sell more than 1 in 9 vehicles worldwide.

Carnomic Foundation Ltd.

3 Fraser Street #05-25

Duo Tower

Singapore 189352

The world stays evolving, and technological innovations are not left out of the evolution process, as every day, new innovative technologies emerge. The whole idea of innovative technologies is to make life easier and better for everyone. Since the internet was invented, so many other technologies have been created, and social media is one of them. We cannot help but marvel at how social media has made a lot of things possible, and companies are beginning to see just how useful social media is, and are leveraging that to interact with their customers, and also to promote their brands. Social media is one of the amazing gifts that the internet brought us, while another more recent one is the blockchain technology.

When blockchain was created, the aim was for it to help cryptocurrencies function, because it came at a time when there was financial crisis, and someone had to figure a way out. However, the creation of the blockchain technology did not stop at cryptocurrencies, because of its decentralized nature, as well as other features, were indicative of the fact that the technology could be applied to different systems in different sectors and across many industries. This shocking but interesting discovery led to the exploitation of blockchain technology, and it was evident that blockchain had abilities to solve some problems caused by centralization. A lot of systems got their blockchain upgrades and saw improvements, and that in turn led to more companies adopting the use of the blockchain technology. The automobile manufacturing industry has refused to be left behind and is beginning to hop on the blockchain trend, because, while it brings decentralization to the industry, it also promotes transparency, data security, and safety, among other amazing features.

Carnomic

The Carnomic platform is trying to serve as a bridge between automotive manufacturing and automotive owners, and while the platform hopes to be the link, one of its primary intentions is to function as a platform for marketing data. Carnomic will function as a social media platform where automobile manufacturers and car owners will be able to interact and share value with each other. Being a blockchain-based platform eliminates any form of centralization, and thus, the decentralization of the platform invariably makes transactions on the platform to take place via a one-to-one marketing system.

We are well aware of the fact that data has evolved, and now has the ability to boost a brand’s competitive edge in our economy, and the introduction of marketing campaigns that are driven by data, have become an integral part of the strategies employed by the different industries across sectors. The automobile industry also needs data in order to become a better industry; however, there is no global market data to aid the industry in attaining what it hopes to achieve, and this is where Carnomic comes in.

This is the first blockchain based platform as a marketing data solution to be used specifically in the automobile industry, and the platform intends to fill the lack of access to pure data. The platform will make use of the revolutionary blockchain technology to function as a transparent and secure public record of transactions that take place between the automobile manufacturers, and car owners.

The automobile industry will be able to collect data from car owners on the platform which the car owner can sell in order to earn Carnomic tokens on the platform. Furthermore, the user can decide to sell the tokens in order to get fiat currency or use the tokens to get more from the platform, through their participation in the various activities on the platform.

We can assure you that at the moment there is no blockchain-based social media platform dedicated to only car manufacturers and car owners that allows them share value, and also has a marketplace to facilitate the buying and selling of cars, goods, and services. If you are hoping to invest, you may want to do so quickly, because there are bonuses that come with being an early investor.

There are a lot of possibilities that come with this initiative, and the platform has the ability to grow really big. Facebook has been in the news at different times for their habit of selling data, and it will interest you to know that Facebook is not the only social media company to do so, as others also harvest the data of their users, and then sell the data for profits to companies that require the data. So Facebook earns a lot from selling its users’ data, and the users do not get anything in return for their data that has been sold, and the truth is that the users do not have an idea what is going on at the backend of their activities. Carnomic is aware of these irregularities with data access and use, and that is why the platform is decentralized, hence, there is no central authority to steal the data and sell, because records sent to the blockchain cannot be altered or modified, and because it is decentralized and secure, there is no need to worry about a third party interfering with the operations of the platform.

With Carnomic, it becomes very easy for automobile manufacturers and car owners to interact, share value, and improve the community’s ecosystem. Now, users do not have to worry about the security of their data, because they are in total control of what happens to their data, and can decide whether they want to sell their data or let it go for free. Carnomic is the revolutionary app and platform of the future, and the future is just around the corner.

To learn more about Carnomic, please make sure to follow our social accounts listed below. If you have any questions please reach out on Telegram.

Carnomic Website | Twitter |Facebook | Telegram