Since inception, Blockchain technology has continued to stretch its tentacles across different industries and sectors, and that is due to the fact that it comes packed with a lot of amazing features that bring solutions to a lot of problems plaguing many different industries. One of the industries where Blockchain is seeking to disrupt, and thus bring some positive transformation tothat industry, is the automotive industry.

We cannot help but admire the fact that the automotive industry has enjoyed some improvements over the years; however, it is important to note that there are still lapses within the industry, due its centralized mode of operations, and the multifaceted processes and departments involved in automobile manufacturing. It has been discovered that Blockchain has what it takes to bring these changes to light, and thus make the automotive industry what it should be. One of the problems of the industry is the access and usage of user data from car owners. If the industry hopes to thrive, then it needs to be able to access market data on a large scale, and at the moment there’s no working system to make that happen, and that is where Carnomic comes in.

Carnomic is a Blockchain-based platform that makes it possible for automobile users and automotive manufacturers to share data and value while interacting with each other. The platform is designed such that users can earn the platform’s tokens(CARM) which can be exchanged for fiat currencies or used on the platform for things like products and services or games and interaction with other users.

Carnomic’s Potential

Users

Big companies like Facebook are in the habit of constantly harvesting user data, and research has shown that about $240 is harvested from every American that uses Facebook. The automotive industry’s worth is about $1.5 trillion; hence it is an industry where there is much growth and profit, and automobile users can also benefit from the profits. One of Carnomic’s goals is to get automobile brands to move a fraction of their marketing efforts to our platform, and thus be able to purchase data from the platform. 0.01% of the amount is all the platform willget, and the culmination of the sum total for each user over a period will be about $150.00.

With proper marketing mechanisms in place, brands are likely to get huge returns on investments, and because they want more profit, they will be more than willing to increase their marketing allocation and be ready to give the platform 1%, which is a shift from the 0.01%, and if the calculations are anything to go by, then the users of the platform will have about $15 million to lay claims to.

Automobile Manufacturers and Marketers

There are different untapped resources in the automobile industry, and one of them is the fact that there is no price tag attached to marketing data. Imagine a platform that allows you as an automobile manufacturer to get the data that you require from one platform. Such data is raw and in its purest form. If we take Facebook, for instance, the social media giant has about 2.23 billion users from all around the world and also has more than 1 billion downloads. Hence, the conversion rate of the platform is indicative of the fact that the platform has about 50% going into the marketing of the platform via apps. Imagine that only about 0.1% of the Facebook users will use the Carnomic app, it would be great for the platform and thus promote the sharing of data and values.

This is an initiative that speaks volumes, and is sure to win the hearts of many, because the processes are straightforward, and there are no third parties to oversee the processes, and that is due to the fact that the platform is decentralized, hence, every transaction that takes place on the platform is on a peer-to-peer basis, and that invariably means that there will be no fees to middlemen, because the system eliminates the need for middlemen.

We are well aware of the fact that data has evolved and is a major boost in the competitive scope of our modern economic landscape, hence, we cannot overemphasize the importance of data in all industries. The trend in marketing is the advent of marketing campaigns that are driven by data, and this has become an important part of the corporate strategy employed by different industries, and the automotive industry is not left out of this data revolution. The access to data in its truest and purest form is one thing that will bring about a lot of technological innovations that will leave people in awe.

Blockchain technology has proven its worth in different platforms and applications where it has been applied, and its integration within the Carnomic platform will ensure that there is enhanced security of both user and data, and also allow for seamless transactions between sellers and buyers of cars on the platform. Furthermore, there is a need for transparency in the industry, and the inclusion of Blockchain technology in the system will help promote transparency both in the automobile industry and also on the platform.

Carnomic is a revolutionary platform that is created for car owners and lovers, and automobile manufacturers to come together and interact on different levels. The whole idea is for the automobile manufacturers to get direct data from the car owners, and thus identify how best to effectively improve their products and services. With the Carnomic platform, users will not only be able to interact with each other, but car owners and lovers will be able to sell data to the automotive manufacturers on the platform and thus earn Carmonic tokens which can be exchanged for fiat currencies, goods and services, and other activities on the platform. The team and advisors behind this wonderful idea consists of professionals from different fields who have been in the technological innovation trend at different points, and with time, more members will be added to the team, in order to come up with more innovative ideas that will benefit people.

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.

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