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How it Works?

Workflow

Decentralized connectivity layer for real-time transactions between vehicles

  • Soarchain offers a trustless, permissionless, decentralized and distributed way to enable connectivity between vehicles.
  • Participant vehicles of the network are incentivized to cryptographically prove their availability to the other participants through the network using secure hardwares called ​Soarchain devices.
  • The broadcast messages are received and verified by other network participants. Each participant in the network is expected to both broadcast and receive messages.
  • Broadcasting honest and correct messages & receiving and verifying these messages are rewarded through the network’s incentive mechanism with native $SOAR Tokens.
  • Decentralized Applications are enabled through Soarchain’s native smart contracts and this creates a decentralized data ecosystem for mobility.

Data Flow