Blockchain-Based Tokenized Object Sales: Application in the Automotive Industry.

Abstract

This project focuses on the tokenization of physical objects, particularly cars, for sale and transfer through blockchain platforms. Tokenization enables each car to be represented by a unique digital token that can be traded or sold securely and transparently on a blockchain network. The project will address how smart contracts can facilitate the sales process, including ownership transfer, payment, and compliance with regulations. The system will also explore reducing fraud, improving trust between buyers and sellers, and speeding up the sales process.