Tag: carvertical

Why this ICO will be used by hundreds of millions of car owners

The German police have estimated that approximately every 3rd car has been subject to odometer fraud. Further, they estimate that on average, the illegal increase of a used car’s value lays around 3.000 €. That means that only in Germany, the yearly losses amount to almost 6 Billion Euros. In fact, the industry is so problematic, that Forbes mentions a few problems: Odometer fraud still cheats U.S. consumers out of …
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