sgCarMart partners with Ocean Protocol to launch Singapore’s first Know-Your-Vehicle used car data marketplace to support better decision making for it’s clients.
sgCarMart will be using Ocean Protocol’s data sharing blockchain technology to store comprehensive information about used cars so all of the historical cars data can be securely shared and accessed to help sgCarMart’s clients make more objective and accurate buying decisions.
sgCarMart.com is Singapore’s Number 1 car site. sgCarMart.com attracts more than 2 million visitors every month and as a testament to its popularity, it has been awarded the Most Popular Automotive Site in its category for six years running by Hitwise.
Ocean Protocol is a decentralized data exchange protocol to unlock data for AI. Through blockchain technology, Ocean Protocol connects data providers and consumers, allowing data to be shared while guaranteeing traceability, transparency, and trust for all stakeholders involved. It allows data owners to give value to and have control over their data assets without being locked-in to any single marketplace. By bringing together decentralized blockchain technology, a data sharing framework, and an ecosystem for data and related services, Ocean Protocol is committed to kick-starting a new Data Economy that touches every single person, company and device, giving power back to data owners, enabling people to reap value from data to better our world.
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