VINchain is creating a worldwide decentralized database of vehicle information that is 100% transparent, reliable and accessible by everyone. This database is blockchain based, which guarantees that information on it has not been faked, changed or deleted. The blockchain guarantees full transparency and builds trust in the system.
Information is captured from country registries, insurance and leasing companies, partnered services, private registers, paid APIs and certified members. Information is also captured directly from the vehicle via a On-board Diagnostic (OBD) device, so data is live and updated in real time.