What is AMO Coin (AMO)?
AMO is a secure platform designed to bring new ideas and advancements to the transportation industry. It provides drivers, app developers, and car manufacturers with access to automated data that can be used for their benefit. The goal of the platform is to make mobility more beneficial for all users while also being environmentally friendly.
The main principles of the AMO platform are equitable exchange between its users, maintaining control over assets, allowing everybody to share information, and being dependable.
The automobile industry has seen many advancements, such as electric vehicles and autonomous vehicles. However, these advances are hindered by the difficulties of collecting, storing, and sharing car data. To solve this issue, AMO is developing a secure market for car data to address problems such as unsystematic data and inefficient security measures. In order to overcome the challenge of non-standardized data collection systems, AMO has implemented various hardware and software collectors.
The AMO token is the native utility currency of the AMO ecosystem. On the live AMO Coin price chart above you can find the latest AMO price.
AMO Use Cases
The AMO coin is used in the AMO Market. AMO Market leverages blockchain technology to advance the present automotive system that has a multitude of participants. Furthermore, AMO Market provides an online platform permitting any user to partake in exchanging or managing vehicle data. Individuals who participate in the AMO Market are rewarded with AMO crypto tokens.
Besides, owners of cars can use AMO coins to purchase various items and services from businesses that are part of the AMO Market.
Additionally, users who want access to data in the AMO Market can pay AMO coins to get it.
Care to see the recent movements in the AMO price? Check out the aforementioned AMO Coin price chart.
Who Founded AMO?
The platform was founded by SangGyoo Sim. He serves as the CEO of the company. SangGyoo Sim is also the creator of AutoCrypt. Overall, he has over 15 years of experience in the IT & security sectors.