AutoChain Nexus: Blockchain-based Smart Contract System For Secure Vehicle Registration And Ownership Transfer"

AutoChain the word itself gives the idea about our project, Auto stand for Automobile and Chain stands for Blockchain. the ownership transfer and vehicle registration was managed traditionally that is with the help of the paper work. These conventional methods often suffer from the inefficient behaviour such as time complexity, lack of transparency, susceptibility which may lead to fraud, tampering of data and untrusting parties of human errors.Smart contract is a platform which does not include an intermediatory between two parties or individuals. As we know that purchasing or transferring vehicle is a pretty risky job which cannot be taken for granted. Traditionally all the vehicle registration work or transfer work was done on paper work.And keeping securely that hard copies might lead to false copies or misplaced. So to avoid all these stuffs we invented our system.