CarVertical is a blockchain-based platform that provides valuable information about vehicles to potential buyers, sellers, and owners. It was founded in 2017 and is based in Vilnius, Lithuania. CarVertical aims to bring transparency to the automotive industry by creating a decentralized database of vehicle history reports.
CarVertical provides a comprehensive vehicle history report that includes information about the vehicle’s accidents, mileage, ownership, title history, and more. The report is generated using data from various sources, including government registries, insurance companies, and other databases. This information can help potential buyers make informed decisions about purchasing a used car, as they can learn about the vehicle’s history and potential issues before making a purchase.
One of the unique features of CarVertical is that it is built on blockchain technology. This means that the information in the database is decentralized and cannot be altered or manipulated by any single entity. This makes the information more trustworthy and reliable, as there is no central authority that can control or manipulate the data.
Is CarVertical Free to Use?
CarVertical offers both free and paid services. The free service provides basic information about a vehicle, including its make, model, and year. The paid service provides a comprehensive vehicle history report, which includes more detailed information about the vehicle’s history. The price of the report varies depending on the country and the type of report requested.
How to Use CarVertical
Using CarVertical is relatively straightforward. To access the free service, all you need to do is visit the CarVertical website and enter the vehicle’s VIN (Vehicle Identification Number). The VIN is a unique 17-character code that is assigned to each vehicle. The VIN can be found on the vehicle itself, as well as on the vehicle’s registration and insurance documents.
Once you enter the VIN, CarVertical will provide you with basic information about the vehicle, such as its make, model, and year. If you want to access the paid service and receive a comprehensive vehicle history report, you will need to create an account on the CarVertical website and purchase the report using a credit card or cryptocurrency.
In conclusion, CarVertical is a valuable tool for anyone who is looking to buy, sell, or own a vehicle. It provides comprehensive vehicle history reports that can help potential buyers make informed decisions about purchasing a used car. While the paid service is not free, the information provided is well worth the investment, as it can potentially save buyers thousands of dollars in repair costs down the road. Overall, CarVertical is a reliable and trustworthy source of information for anyone who is interested in the history of a particular vehicle.