An Extract of the AlphaCar Concept (Part 1）
AlphaCar will build a CTE (Community Token Economy) for the global automotive industry. In this CTE, consumers are also stake owners and will eventrually own 80% of the total tokens. The value of the CTE will follow the netwok effect and will be in proportion to the square of community member numbers.
The key data of CTE members will be stored on a public blockchain through a DApp (Decentralized Application). Batch and asynchronous processing technologies will be used to address the scalability problems of the current public blockchains, so as to support the high volume of a trillion dollar plus AlphaCar CTE in the future.
Key transaction data produced in the automotive industry will be recorded on public blockchains. These transaction data will be analyzed by open AI algorithm voted and chosen by community members to provide rating and ranking, which will help to build a transparent and trustless CTE.
