Engine price is $0.00002369
As of today, the price of Engine (EGCC) is $ 0.00002369, which has increased by +0.00% in the past 24 hours.
Engine (EGCC) is a blockchain platform aimed to create an auto data ecosystem which addresses the needs of individual and corporate users in the automotive industry. Using blockchain as the underlying technology, Engine collects and processes large scales of data which serve as products that unlock the potential of blockchain and communicate the value of information. The ultimate goal is to solve existing problems within the auto industry by reaching user's pain points.
Engine is a grassroots project, meaning it wasn't created by a particular individual or corporate entity. It's a global effort that synthesizes various components across the automotive and blockchain sectors. The team behind Engine advocates for the integration of industrialization and informatization in order to foster sustainable development within the auto industry.
Engine operates on the principles of transparent, open, traceable, and queryable automobile lifecycle data. Central to its operation is the establishment of a "vehicle full lifecycle database based on VIN code." This database aims to set a global standard for auto industry data, offering standardized data services to industries and enterprises. In essence, the Engine platform seeks to incentivize participation from entities across various sectors for the joint development of value and rewards.
Engine is the first global vehicle full lifecycle data sharing platform based primarily on blockchain technology. Its unique proposition lies in its integrative approach to creating a global car industry data standard. By mobilizing individual users with owner services and products, Engine encourages the participation of different groups and encourages collaboration in the joint development of value and rewards.
Securing the network is critical for any blockchain platform. However, the specifics of how Engine secures its network is not detailed in the provided basic information. Blockchain technology generally employs encryption and decentralization techniques to ensure network security.
The circulating supply of Engine's native token, EGCC, currently stands at .
EGCC, Engine's own crypto token, can be purchased on the following exchanges: Huobi.pro, Huobi, Bit-Z. It is advisable to do thorough research and consider the security measures offered by the chosen exchange before making a purchase.
Keeping your Engine tokens safe should be a priority. It's generally recommended to store cryptocurrencies in hardware wallets or other secure digital wallets. Additionally, enabling two-factor authentication and regularly updating your wallet can also enhance the security of your digital assets. Always remember to do your own due diligence when it comes to the security of your investments.
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