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Hyperide Brings Automobile Industry to Blockchain

hyperide

Hyperide is officially bringing the automobile industry onto the Blockchain. Hyperide seeks to create opportunities for investors to profit from the supercar industry — a unique use that has not been exploited.

Cryptocurrency has enabled people to realize value in assets that may otherwise be either inaccessible or illiquid. Currently, there are various blockchain related ecosystems that help to transfer ownership of highly-valued products such as diamonds, oil, and paintings.

The value proposition Blockchain offers in these situations is a trustworthy ledger being kept in real time, enabling people to quickly transfer ownership of assets at low cost, anywhere around the world. Compared to modern processes which includes either physically moving large assets around the world, or the need for a trusted and relatively expensive third party verifying ownership, Blockchain removes the middleman.

Like the dealing of diamonds, oil, and precious artwork, profiting from these commodities is perennially reserved for the extremely wealthy.  The buying and selling of high-end automobiles is a complex, expensive and time-consuming process. Hyperide seeks to integrate a Blockchain ecosystem, making the process easier and more transparent while at the same time bringing the opportunity of investing in the supercar market through Blockchain to the general public.

Hyperide will trade cars, establish a collection, run their own auction site and operate supercar hubs around the world, creating a Blockchain whose users will earns revenue from the supercar and hypercar industry. In addition, democratization of the supercar market for enthusiasts and investors of any of budget, Hyperide is correct in that there is great potential for individuals of all levels to earn profits that can go far beyond traditional investments.

Hyperide has a mission and that is to build a Blockchain platform that will eliminate the obstacles that have made this niche market difficult to use for some and finally grant access to those who have not had it.

“The supercar business is exciting and combining it with blockchain is even more incredible as it opens the door to a whole world of opportunity,” Patrick Gruhn, Founder of Hyperide, said.

Media Contact

Company Name: Paladin Advisory Group Ltd.

Contact Person: Mr. Patrick Gruhn

Email: contact@hyperide.io

Phone: +41 79 708 77 11

Website: www.hyperide.io

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