TOKYO, Jan. 21, 2022 /PRNewswire/ — Aucnet Inc. (hereinafter “Aucnet”), based in Tokyo, Japan, announced that it has joined the Mobility Open Blockchain Initiative (hereinafter “MOBI”) headquartered in Los Angeles in the U.S. state of California, a global nonprofit consortium that develops blockchain-based technologies and standards for next-generation mobility. Through its participation in MOBI, Aucnet seeks to contribute to a sustainable society by developing circular distribution platforms for electric vehicles (EVs) and their batteries.
Aucnet launched the world’s first real-time virtual used-car auction in 1985. Based on its philosophy of “Shaping the Future of Commerce,” Aucnet has expanded beyond used cars to create circular distribution platforms for a wide variety of industries, including digital products, motorcycles, luxury brand items, flowers, and medical equipment. To enable remote transactions with peace of mind, Aucnet has developed industry-leading de facto standard inspection and grading systems for each of its product lines. In the automobile business,…