WHAT IS E-Motive?

 Problem Statement The verification of identity is a crucial part of the blockchain ecosystem. Encrypted methods to maintain authenticity are the need of the hour. Intermediaries have always been present in transactions. They build trust, but they also add expense, complexity, and the possibility of mistakes. Businesses increasingly adopted digital ledger technology and decentralization to build blockchain-based platforms and apps. Thus, there is a need for additional security measures. Transactions should be direct from party to party. The involvement of any third party needs to be avoided to get rid of security issues. There is a need for something that can make the whole system effortless and trustworthy, a dire need of the automotive industry. For example, there is a need for a system that enables secure data exchange and a tamper-proof archive for vehicle records and shipping events in the automotive industry. This system will cut the number of delays and fraud, saving shipping businesses millions of dollars.

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