““It’s evolved the automotive shop device choice from these bulky desktop computers to tablets to smartphones,” says Elliott Schendel, director of marketing at ShiftMobility. “We sync them all together so they can quickly move between the front desk and the bay.” The company also says its first-to-market to utilize blockchain technology to manage things like vehicle and customer information.”read more »
“Making, selling and operating vehicles is an interwoven set of processes that are moving into the 21st century, with new technologies taking hold from the factory to the road. If the last ten years have taught us anything, it’s that even monopolized industries aren’t safe from economic or technological pressures. As car manufacturers brace for declining sales due to millennial price sensitivity and the prevalence of ride sharing, blockchain is poised to help foster real change. By powering trustless systems, blockchain could increase transparency across the industry while making transacting in the industry more affordable for everyone involved.
A number of companies are trying to implement blockchain technology within the automotive industry to solve some of its biggest problems. Most of them operate on the belief that decentralization will help make driving and buying cars more fair for consumers. They are also working on ways to help the struggling automotive industry leverage its data and are incentivizing consumers to more freely share their data. Read on to learn about the opportunities at the intersection of blockchain and automobiles.”read more »
NXT CHPTR – Bringing Blockchain to the Auto Industry: Conversation with Pavana Jain, Chairman, CEO & Co-Founder, SHIFTMobility Inc
“SHIFTMobility brings the latest technology to the automotive industry–buyers, repair shops, manufacturers, and parts and tire distributors. We aim to understand the heartbeat of vehicles and communicate their specific needs to the automotive ecosystem. We use a Blockchain platform to secure, distribute, and validate transactions across all our constituents. In turn, these recordings ensure the security and integrity of customer and vehicle information. These highly secure transaction records, from vehicle purchase to repair and parts, increase trust and promote transparency throughout the ecosystem.”read more »
The uberization of vehicle services is then, in many ways, a mirror of how Uber upturned the mobility industry. It marks the emergence of new tech-based intermediaries who are using the power of e-commerce, digitization, and connectivity to completely disrupt traditional after sales dynamics. It’s a trend that has transformed every aspect of the service delivery process and marks a definitive move away from traditional vehicle “repair and service” models to a revolutionary vehicle ownership “management” paradigm that offers end-to-end solutions for car owners, fleets and installers.read more »
Users of a new app will soon be able to use digital currency to make payments on their loans and insurance, according to blockchain company SHIFTMobility. Come 2019, Redwood City, Calif.-based SHIFTMobility plans to incorporate lenders into its automotive ecosystem of service shops, manufacturers, and distributors, unlocking the possibility to use the partnership-wide rewards program to get discounts on loan payments.
SHIFTMobility’s lender partner program will enable users of the company’s recently released Vehicle Passport app to accrue digital tokens, called AutOns, to make insurance and loan payments.read more »
ShiftMobility Inc., a blockchain-powered connected shop technology specialist, has announced the release of its CarCheck Pro “smart” vehicle inspections application. The app uses ShiftMobility’s Automotive Cloud Platform and works on any mobile device or desktop browser, according to the company.read more »
Earlier this week, Ratchet+Wrench posted news regarding SHIFTMobility’s release of CarCheck Pro, a vehicle inspection service that enables any service center to add or retrieve vehicle information from blockchains. Ratchet+Wrench spoke with SHIFTMobility’s marketing director, Elliott Schendel to learn more about the product, and its tie in to blockchain. “Most people associate blockchain with cryptocurrency, but it’s a lot more than that. We have major financial institutions spending a large amount onto research into blockchain,” Schendel says. “I have no doubt that it’s going to spread throughout the automotive industry.”read more »
Blockchains aim to improve efficiency at auto repair shops, said the co-founder CarFix Vladimir Lupenko, who spoke with Ratchet+Wrench last year about how blockchains will soon play a significant role in shops.read more »
SHIFTMobility believes that repair shops don’t need to increase their number of bays to increase earning potential; they just need the right solution.read more »
Report: Strategic Profiling of Amazon and eBay in the Automotive Aftermarket in North America and Europe – Forecast to 2023
“Aging Vehicles, Better Pricing and Technology Advancements will Continue to Fuel Amazon and eBay’s Automotive Aftermarket Ambitions, Despite Logistics Challenges”read more »