By galvanizing everyday people we aim to exponentially increase the manpower that is searching for delinquent vehicles, which will result in much faster recovery of assets for auto lenders.
Partnerships with auto lenders and repossession companies By partnering with auto lenders across the country we plan to create the most comprehensive real-time database in existence for determining if a vehicle is delinquent.
We will also partner with reputable auto repossession companies in every town and city in the US, instantly notifying them when a delinquent vehicle is found nearby so they can collect it and return it to the lender, who will also be notified once it has been found, when it has successfully been recovered, and when it is on its way back.
I think that Repo Blockchain is about to change this. The repo / coin project is not going to raise funds by ICO, but we plan to allow participants to acquire tokens instead. This avoids the public madness FOMO frenzy allowing people to invest money.
For more info visit their website at http://repocoin.io/