Last Update
Aug 1, 2018
FEX
Imagine you can walk into your local car dealership, request the vehicle of your choice and drive it as long as you want, where no long-term contracts are required or hidden costs come as a surprise, all for a low weekly payment. Flex makes it possible.
With Flex you can choose any vehicle you want from the available inventory of participating car dealers within the Flex network, digitally sign for it in the app and you are ready to go. Drive the vehicle you like as long as you want and return it or swap for another vehicle anytime.
With our unique combination of technology expertise and deep industry relationships we have designed a solution that offers consumers an affordable, all-inclusive and commitment-free way to own a vehicle without ownership responsibilities. In parallel we offer dealerships an additional source of income and access to a new generation of consumers.
Flex as a high-tech company helps dealerships move up the technology change curve, with an easy accessible all-in-one solution turning dealerships into mobility providers without any upfront investments.
Not only the whole automotive industry with its one-time vehicle purchase and ownership model is antiquated but the payment system as well.
Payment in this industry is presently not secure and one of the parties always has to make payment or settlement in advance and take some risk. Furthermore there is no real incentive to bring the car back in a good condition.
Token Utility/Function
Flex Tokens (FLEX) will help us to build a system of incentives and rewards to bring more efficiency in this malfunctioning industry.
2nd Half 2019
1st Half 2020
TrustedCars Flex
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TrustedCars Flex How it works
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TRUSTED CAR FLEX
This is a platform that changes the car ownership and dealership into innovative mobility providers while offering the customers with commitment-free and all-inclusive and affordable solutions.
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The platform revolutionizes the car ownership and providing all-inclusive and affordable solution to the users enabling them to easily own a vehicle of their desire. This motivates me ti invest in the project as many people have the desire to drive different cars.
Interesting use of the blockchain with identity tracking - this time for vehicles. Commercial viable, although there are obstacles to true adoption here. Execution on the roadmap would be key.
