Emerging Technologies

Carnomaly- car buying and ownership powered by blockchain technology

Carnomaly, an automotive crypto company announced its crypto and blockchain platform that gives consumers and dealers the ability to buy and sell cars with integrity, and empowers them with the infrastructure to effectively communicate without manipulation.

Utilizing the new platform, consumers and dealers will be provided with accurate comprehensive vehicle reports, improved search functions, greater privacy control with a proprietary anonymous search function, and a rewarding streamlined purchasing process. Through their innovations they will change the way consumers buy, sell, shop, report, and finance new and used vehicles.

Carnomaly’s announcement comes on the heels of another major cryptocurrency announcement for the automotive industry as Elon musk, CEO of Tesla, reversed his previous stance and will now start accepting cryptocurrency again once at least half of it can be mined using clean energy. Carnomaly themselves are on several major cryptocurrency exchanges including Kucoin trading under the symbol Carr.

“We are thrilled to be able to capitalize off of the blockchain’s limitless potential in order to re-think the auto industry and what car ownership and the car loan process can be,” said Scott Heninger, Founder and Chief Executive Officer of Carnomaly. “Through our new applications, both consumers and dealers will be more empowered than ever to take control of the buying and selling process.”

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