World's First Blockchain-based Transportation Solution backed by Working Applications
Active Vehicles 410,285
5.0 / 5.0 highest rating by Track ICO
CarBlock - Reinventing Automotive Industry
Andreas Weigend, former chief scientist at Amazon, talking about CarBlock
CarBlock is the world’s first blockchain-based transportation solution built on data generated by smart devices. This circulation of car data on the blockchain is set to disrupt the entire connected car industry.
As the world’s first transportation blockchain to be built on top of an existing thriving business, CarBlock provides a reliable and rich infrastructure for a multibillion dollar application market.
Through hardware enabled data collection and smart contracts, CarBlock eliminates unnecessary conflicts, any ambiguity in responsibilities and the loss of potential property for P2P rental transactions. CarBlock also provides greater safety and ease of use for P2P rental applications.
Auto insurance companies can boost their competitive edge by using CarBlock data to optimize their premium modeling and offer more tailored and flexible packages to customers. Car owners can also enjoy better pricing by authorizing insurance companies access to their car’s data and pay with CAR tokens to get their insurance coverage.
Car maintenance shops can acquire new customers more effectively by joining the blockchain network. Shops can push their info via a smart contract to drivers that are experiencing a vehicle malfunction within a certain geographic radius. Drivers can also instantly share critical information with service providers about their vehicle issue in order to get better service. Drivers simply transact with CAR tokens to send the data to service providers.
The immutability of the data on the CarBlock blockchain allows for the creation of trustworthy vehicle reports for used car transactions. Data owners can earn CAR tokens in exchange for granting third parties access to their data. Used car buyers and sellers can form better deals and enjoy safer transactions, knowing that the vehicle’s conditions have been verified with real data and smart contracts.
CarBlock is working with the US Connected Car Leader nonda as its anchor partner in order to leverage nonda's community and expand its current business services.
Active Vehicles
90-Day Retention Rate
Car Data Dimensions
Past VC Funding
Team Members
2018 Estimated Revenue
Founder
Alex Lee
Alex is a serial entrepreneur with multiple successful exits. He is the founder and CEO of nonda, a leading connected car company in the U.S. Alex was the co-founder of Baixing.com, a public company in China with over $600 millions funding from Top American VCs like Benchmark, before founding Baixing, Jia served as the head of new business development at eBay and Microsoft. Alex holds a MBA degree from Columbia Business School.
Branding & Community Operations
Kevin Jiang
Kevin has a strong track record of building brand awareness for startups. Before joining CarBlock, Kevin was the Co-founder & CMO of Get Fit, the largest online fitness tranning community in Asia and the CEO of JoyCar Club, an O2O community for road trip enthusiats. Kevin also has consulted on innovation projects for Audi, Jaguar, Oxford Publisher, and Schneider Electronics. Kevin holds a master’s degree from Brown University.
Product & Engineering
Jun Zhao
Jun is a serial entrepreneur and a full-stack developer, who is passionate about open source communities and blockchain technology. Prior to CarBlock, Jun was the senior architect at Baixing.com and the founder & CEO at MudLab. Jun also single-handedly developed the first open source blogging system in China and was a two-time honored guest at Qcon International Software Development Conference. Jun holds a master’s degree in automotive engineering from Tongji University.
Product & Engineering
Jan Schmitt
Jan studied product design at the Münster School of Design in Germany and the Politecnico di Milano in Italy. He led design work for Hugo Boss, Schneider Kreuznach, Procter and Gamble. Jan is a participating member of the International Association of Designers, the International A’ Design Award Jury and the German Designers Club. He has won 7 prestigious awards, including the RedDot and iF Design Awards.
Product & Engineering
Joe Zhou
Joe has two decades of experience in the tech industry and startups. He served as a lead product architect at Intel R&D center and co-founded Muhe. At Muhe, he led the company to become one of the first organizations to develop mobile apps and HTML5 games in China and to be later acquired for $100 million. Joe holds a master’s degree in computer science from Shanghai Jiaotong University.
Product & Engineering
Ryun He
Ryun is the head of engineering at CarBlock. Prior to CarBlock, Ryun was the head of R&D at Baixing.com, a public company in China and CTO at Huohua TV, a leading mobile video streaming service with over $30 million in funding.
Sales & Partnerships
Ivan Chong
Ivan Chong heads the sales operation at CarBlock. Ivan has over a decade of experience in retail sales, OEM sales, enterprise sales, and business development at various tech companies, including ATP Electronics, Nimbus Data, Ciphergraph Networks, and OCZ Technology (acquired by Toshiba). Ivan has helped to drive explosive revenue growth at these companies, most notably at OCZ Technology, which grew from $10 million per year to over $400 million per year during his time there.
Sales & Partnerships
Julie Wang
Julie is head of partnerships at CarBlock. Previously, Julie worked at UBS and was an executive at Teambition, a leading collaboration platform. During her time at Teambition, she actively managed a $10 million business portfolio. Julie holds a bachelor’s degree in finance from the University of Hong Kong.
Sales & Partnerships
Christina Lockwood
Christina is a seasoned public relations professional. Prior to joining nonda, she worked in financial marketing with Merk Investments and in customer marketing at NetFortris, a leading UCaaS company. Christina has previously consulted for cutting-edge technology companies such as Lucid, Ride ZUM and MapAnything. She holds a bachelor’s degree in mass communications from University of California, Berkeley.
Former Chief Scientist at Amazon (NASDAQ: AMZN); Professor at Stanford & University of California, Berkeley
[Read More...]Former Chief Architect at Ford Sync & GM MyLink; Former Technical Lead at Faraday Future & Panasonic Automotive Systems
[Read More...]Cofounder of Fenbushi Capitcal and Bitshares, Mr.Shen is one of the ealiest investors and entrepreneurs in the blockchain industry.
Founder of ICOAGE (formerly the largest ICO platform in China) and ChainB (the largest Chinese blockchain media).
A total of 1.8 billion CAR tokens will be issued. No additional tokens will be created.
Tokens can circulate immediately after being issued by leveraging nonda’s current business and their liquidity will grow further with the development of the CarBlock ecosystem.