How much is 29.14290781272746 VIN to NEC?

29.14290781272746 VINchain (VIN) is 0.00946193 Nectar Token (NEC).

updated 41 seconds ago
updated 41 seconds ago

Data source: CoinMarketCap

VINchain (VIN) Price


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About VINchain

We’ve already launched the Alpha version of the system ( and app (available on Android and iOS)! Also our wallet ( and blockchain ( ) are ready. VINchain is creating a worldwide blockchain database of used vehicle information that is 100% transparent, reliable, and accessible by everyone. VINchain project unites all data providers and gives the user a complete, uninterrupted vehicle record; all without the disadvantages of a centralized database. Consumers can also significantly increase the value of their vehicles at the time of the sale by contributing to the repository of data on the blockchain with help of vehicle tracking devices. VINchain is a decentralized network that allows you to store VIN data on the blockchain, which guarantees complete data invariability. You can pay for requests on the blockchain with VINchain tokens, afterwhich the tokens will be distributed between information providers depending on the value of the provided information to the community. Why is this project important? - No one will be able to forge information - With accurate vehicle information the roads will be safer all over the world - It will create a trust-based community for dealers, united by the idea to make the market transparent to customers We have longstanding functional and profitable businesses that currently generates profit, EpicVin became one of our partners and by the time we go live they will completely integrate with us. So in essence we are not just launching an MVP, but a functional, tested, and already proven to work business. We are also partnered with many other companies in this space, and by the time our first solution comes to the market we will be able to offer a massive amount of value. Some of these companies include AutoInspect (a vehicle inspection company), VinInspect & VinGurus (vehicle history reports), and ABetterBid (Used and salvage vehicle broker). This is not counting the many companies that we will partner with, as we progress towards our ICO. Through our partnerships we already do business with the largest clean and salvage title vehicle auction in the united states, (NASDAQ - CPRT). EpicVin is their official Vehicle history report provider. You can check out their article regarding EpicVin here: We have an agreement with AutoInspect that by the launch of VINchain they will contribute their repository of more than 300 million vehicles into our database. We have a massive amount of industry experience not only form our partnerships, but also from our team members and advisors. Just one of our team mates, Jurgis, has a total annual turnover of more than half a billion dollars form all of his auto companies. That speaks a great deal about the massive experience that we have on our side. Compared to other ICO projects that are coming out on the market, no one comes close to the amount of experience that we have. Our teams tokens are vested for 2 years. We're very highly dedicated to our mission. By the launch of our solution, our partners will accept our tokens as a form of payment. We are confident that our solution will triumph over others on the market. Our main advisors are: Donald G. Stephenson, ex Senior Vice President of Volkswagen America, David Carp, ex-CPO of Kia Motors America and Asset Remarketing Manager of Volvo Cars of North America; Matt Carpenter, Chief Financial Officer of Audi of America and Audi Canada, Dr. Simon Hassannia, Head of Business Innovation at ATU Germany and Mark Taylor, Head of Business Development at PureCars. All advisors can be found here Summary: we are creating a tamper-proof and decentralized platform for vehicle data that will bring trust and transparency to the automotive industry. Problems we solve: • Data is spread across many different information providers. • These providers do not easily share information, especially with one another • Information that is provided is opaque and not reliable • Information is not captured in real time from the vehicle, thus resulting in a long delay • Incentives are such that everyone is encouraged to falsify information (or not provide any information) • A regular consumer can get stuck with a lemon car, as problems with the vehicle only surface months down the road • Approximately 30% of cars worldwide experience odometer fraud. Converted to dollars = $10 billion annually Our Solution: We fix these problems by creating an open database of information (blockchain). We collect data from traditional sources (think CarFax) and directly from the vehicle itself. Only trusted / pre-approved entities can provide information such as: • Vehicle drivers (only by using OBD devices or Vehicle Telemetry) • Manufacturers • Dealers • Governments (e.g. NMVTIS) • State entities (DMV's) • Insurance companies • Law enforcement • Banks • Private databases (API) • Aggregated data scraping • Partners We store the following kinds of data: • Vehicle history • Odometer readings • Accident reports • Maintenance records • The number of previous owners • Criminal history of the vehicle (hijacking, theft, etc.) • Vehicle photos Drivers are in control: For the first time in history drivers are in control of their own data, and are able monetize it. This is done with secure OBD devices that plug into any car that has been assembled after 1996 (Besides OBD this can also be done with telemetry). The drivers choose what information they want to share and with whom. Because of this, information is collected in real time, as opposed to with weeks or months of lag time as it is today. Data that we capture from the vehicle: • Driver Behavioral Data - Acceleration, deceleration, turns • Vehicle system errors and diagnostics • Exposure data - Location / route, Time of day, and conditions in which the vehicle drives • Emergency calls • Diagnostic data - check engine, etc. • Crash instances The data that is collected is tamper proof since it is kept on the blockchain. Furthermore the generated data belongs to its creator and all of these information providers are incentivized with rewards. Every time their information gets utilized in an information request, they get a corresponding token reward (tokens paid by the data requester). VINchain gets paid by taking a small percentage from transactions. Driver Benefits The VINchain app pairs with the car IoT device and unlocks a whole new world of possibilities! Drivers can: • Make money ◦ Drivers get rewarded with tokens every time their information is pulled up in a data request ◦ Drivers get to choose what information they are comfortable with sharing • Save money ◦ Because the app tracks how you drive it also optimizes maintenance costs ◦ Sharing this data with your insurance company could also save you up to 30% on your premiums • Get discounts ◦ it allows the drivers to get discounts from local businesses • Get diagnostics ◦ The app tracks vehicle diagnostics so can know exactly whats happening under the hood without needing an engineering degree • Interact with the car ◦ GPS ◦ Lock / Unlock doors ◦ Honk ◦ Blink headlights ◦ Remote start/ stop the engine ◦ WiFi Hotspot This data is useful outside of the automotive industry as well. Businesses can essentially pay drivers to get their data, and with their permission reach out to them with targeted offers. For example a local breakfast place can find out which drivers pass by the business on their way to work every morning, and incentivize them to come in. Dealer Benefits Dealers can connect their fleet with the VINchain OBD devices. VINchain will give dealers the ability to: • Monitor when a customer needs a specific service and reach out to them to bring them back in for a service (For example reach out the moment that they need an oil change) • Improve the loyalty and relations with existing customers • Analyze consumer preferences, data, and behavior in order to better facilitate the selling process • Improve the communication with consumers • Fleet management (see below) • Non-Automotive Business Benefits (see below) VINchain Fleet Management • Driver analytics • Live vehicle location • Get notified when the vehicle leaves a defined perimeter • Track usage and performance • Optimize service and maintenance costs • Stolen vehicle recovery • Crash Notifications • Automatic emergency assistance • Claim management service • Breakdown calls Partners We have onboard many companies that are eager to do business with us. To date these companies include: ABetterBid, VinInspect, VinGurus, EpicVin, AutoInspect, and others that are in the pipeline. By the time we launch our tokens will be accepted by companies such as EpicVin as a form of payment. We have already collected over 250 million VIN’s into our database Links • Short Explainer Video: • Short Video Pitch: • Website: • MVP: • One Pager: • Whitepaper: • Telegram (24hr support):

VIN to NEC Price History
Date VIN (VINchain) NEC (Nectar Token) Change %
2019-09-23 11:23:40 -0700 29.14290781272746 VIN 0.00379351 -0.38%
2019-03-13 20:02:18 -0700 29.14290781272746 VIN 0.00638934 -69.08%
2018-12-31 05:42:59 -0800 29.14290781272746 VIN 0.00237752 37.09%