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POP!

Explore a new way to trade cars with POP! Just snap a photo to create a digital twin of your car on the blockchain. Check its history, prove ownership, and join in on virtual car auctions

POP!

Created At

ETHOnline 2023

Winner of

🏊‍♀️ Mantle — Build on Mantle

🏊 Tableland — Prize Pool

🏊 Scroll — Pool Prize

Project Description

Project Overview:

"Pop" emerges as a pragmatic solution in the automotive industry, seeking to enhance the reliability of car ownership and sales through the strategic application of technology. This platform recognises the essential need for a more secure, transparent, and efficient process in car transactions, an area often riddled with ambiguity and potential deceit.

At its core, Pop utilises blockchain technology to validate and store various reports related to each vehicle, creating a dependable and immutable record. This approach ensures that all information provided is not only accurate but also verifiable, addressing long-standing issues of trust in this sector.

Rather than hoarding data and binding users to a single platform — a common practice that often leads to information loss or manipulation — Pop takes a more open approach. By employing Non-Fungible Token (NFT) contracts, specifically the 6551 standard, each car's identity and associated reports are securely tethered to it on the blockchain. This method significantly reduces the traditional risks associated with centralised data custody and provides a transparent, accessible history for each vehicle.

Furthermore, Pop integrates machine learning technology to analyse and generate precise car descriptions from user-uploaded images and reports. This automated process not only enhances the accuracy of vehicle listings but also streamlines the user experience, making it more straightforward and less susceptible to human error.

However, the ambition of Pop extends beyond mere transactional accuracy. It advocates for a decentralised system of information exchange, where data can seamlessly transition across different platforms or marketplaces. This philosophy counters the prevalent siloed operations that often restrict data flow, promoting an ecosystem driven by user empowerment and data autonomy.

In essence, Pop represents a significant stride forward in redefining the landscape of car ownership and sales. It's a user-centric platform that merges advanced technology with a transparent, decentralised approach, prioritising authenticity and user control above all else. Through these principles, Pop aspires to establish a new standard of trust and reliability in the automotive marketplace.

How it's Made

Listing a Car Capture a photo of your car using your phone. Our AI API processes the image and identifies the car's make, model, year, and other specifications. Enter any additional details or information about the car. Upload and verify essential documents related to the car. Once satisfied, mint the car's data as a TBA, and it's now listed on the marketplace. Buying a Car Browse the listings and select a car of your interest. Check out its associated documents, ensuring the car's authenticity and condition. Use the XMTP messaging system to communicate with the seller, ask questions, or negotiate prices. Place a bid or buy the car directly. Completing the Transaction Once a deal is reached, the car's ownership (TBA) is transferred to the buyer upon successful transaction. All details of the transaction are stored on the blockchain, ensuring transparency and security.

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