For overseas buyers, the biggest concern when buying a used Chinese car is the inability to see the condition of the car in person. To address the pain points in this industry, Xi'an Yijieyuan Used Car Import and Export Co., Ltd. has taken the lead in collaborating with domestic technology companies to pilot the application of blockchain technology in its export business.

Through this technology, every critical link from vehicle procurement, domestic testing, refurbishment to international transportation will be recorded and put on chain. The generated 'Vehicle Traceability Report' includes maintenance records, accident investigation, real-time photos and videos, and other information. Overseas buyers can view them by scanning the code, and all data cannot be tampered with.

We are using technology to 'endorse' ourselves, "said the technical consultant of Yijieyuan Company." The introduction of blockchain technology has greatly reduced the trust cost of cross-border transactions. It has made our car condition statement incredibly solid, which is the strongest proof of our integrity in customer management. We believe that this will become a standard configuration for future used car exports