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.