CarVertical
| File:Carvertical.svg | |
| Founded | 2017 |
|---|---|
| Location | |
| Website | www |
CarVertical is a privately held digital data company based in Tallinn, Estonia that is the self-described “world’s first blockchain-based global and decentralized car history registry.”[1][2]
History[edit]
It was founded in 2017. The cofounders of the company are Audrius Kučinskas, Rokas Medonis, and Robertas Boravskis.[3] Later they were joined by Arnas Vasiliauskas.[4] The company’s advisory council consists of representatives are John Mack, president and CEO of CIE Automotive China, Raid Naim, ex-IT Chief Architect of the BMW Group, Peter Kuepper, Head of Transmissions’ Program Management at BMW Group and Olaf Zschiedrich, Global CTO of the OLX Group (Naspers Limited).[5]
CarVertical is a recipient of support from the European Union. It is being supported through the 2014 - 2020 Operational Programme for the European Union Funds. In November 2019, the company was named as one of the five leading startups by the European Commission.[6]
Reports[edit]
CarVertical Vehicle History Report is based on a vehicle’s VIN number. They are 17 digits and contain a mixture of numbers and letters that provide information about the vehicle’s location of assembly, the model year of the vehicle, and which plant assembled the vehicle.
- Typical Data in a carVertical report
CarVertical report includes things like the vehicle’s service history, potential mileage rollback, whether the vehicle has had multiple owners, common faults of each model, whether the vehicle experienced hidden damage, historical photos of the vehicle, theft records, and other information.[7] A sample carVertical report is available on their website.[8]
- Sources of Information
CarVertical’s data is accumulated from various global services. According to the company, some of these global services include national and private registers, insurance, leasing, claims to handle databases, and paid APIs. The company also relies on data from police databases in order to discover whether a particular vehicle has been stolen or previously involved in a law enforcement incident.[9]
However, the readers are not allowed to obtain certain information per the United States law. According to the 1994 Driver’s Privacy Protection Act (18 U.S.C. § 2721 et. seq.), certain personal information (like names, telephone numbers, addresses (except for the five-digit zip code), driver identification numbers, the driver’s photograph, social security number, and medical or disability information) in connection with a motor vehicle record is not available.[10]
Further reading[edit]
- "Automotive Blockchain Market Research Report (2019-2025): Analysis, Size and Forecast". Wheel Chronicle.
- "CarVertical Fahrzeug Reports nun in 17 Ländern verfügbar" (in Deutsch). Blockportal.
References[edit]
- ↑ "carVertical Joins The Mobility Open Blockchain Initiative (MOBI)". carVertical.
- ↑ "Five leading startups representing Europe at Web Summit 2019". Euronews. 5 November 2019. Retrieved 9 December 2019.
- ↑ "About carVertical". Official website.
- ↑ "Arnas Vasiliauskas, Entrepreneur from Lithuania". Retrieved 10 December 2019.
- ↑ "CarVertical Expands Its Service Around the World". Reuters. Retrieved 10 December 2019.
- ↑ "Five leading startups representing Europe at Web Summit 2019". Euronews. 5 November 2019. Retrieved 10 December 2019.
- ↑ "carVertical Launches In US Market - The Easiest Way to Uncover Mileage Fraud and Accidents". Torque News. Retrieved 10 December 2019.
- ↑ "Check VIN Number Before Buying A Used Kia Vehicle On-Line". theKEEA. 15 July 2019. Retrieved 10 December 2019.
- ↑ Malkan, Kaushal (19 June 2019). "Top 6 Car History Report Generator Tools of 2019". TechWhoop. Retrieved 10 December 2019.
- ↑ "Drivers Privacy Protection Act". Retrieved 10 December 2019.
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