12 December 2018

A crypto currency-based portal went live this week with more than 100 retailers and auto businesses listed and the company behind it says it has expressions of interest from many more.
London-based Auto Block says its site, autocoincars.com, is already populated with several hundred cars but says this is a drop in the ocean to the volume it fully expects to be added in the next few months.
A spokesman said: “There are six million crypto currency users in the UK and we know from dealers who have spoken to us that they are taking calls from people who want to buy this way. We are not converting retailers from traditional finance to ours but allowing them to service this new and fast growing way of buying and selling.
“We have been talking across the industry, from high-end retailers selling Lamborghinis and Ferraris to leasing companies and retailers who deal with customers looking at a monthly PCP. The interest is running at very high levels and our going live this week is just the first step.”

Tags: Autocoincars, Block Chain, Crypto Currency