DIMO is built in the open with open source components. This approach will unlock levels of transparency, privacy, composability, and reliability in IoT networks - increasing user and developer trust in connected devices and services.
DIMO uses the Ethereum Virtual Machine (aka blockchain), cryptography, open source software, real-world hardware, and an ecosystem of applications built on top of it to:
Establish a blockchain based identity for users, vehicles, trips, and more using NFTs and other types of smart contracts;
Use licensed hardware devices (e.g., the DIMO Data Miner) and approved software APIs (e.g., the Tesla API) to cryptographically attach telemetry data to vehicles and trips;
Allow companies such as Digital Infrastructure Inc., Geico, Tesla, Ford, Autozone, and more to issue verifiable credentials or other blockchain-based identity primitives to user, vehicle, or trip as a means to make a secure claim (e.g., user 0xABC... is licensed, vehicle 0xXYZ... is registered and had its oil changed on August, 1st 2022);
Allow users to self-custody their data and to choose which bits of data they want to share with who on a case by case basis; and
Give app developers and data consumers the ability to acquire a license and advance new technologies (e.g., ADAS and EV battery systems), build better versions of existing businesses (e.g., cheaper insurance, more efficient car marketplaces, cheaper auto loans, better maintenance prevention and diagnostics), and build entirely new app categories (e.g., vehicle sensors communicating/transacting with one another, online communities gated by real-world data).
Links here: https://linktr.ee/dimo.zone
How to Buy DIMO on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing DIMO. Some reputable platforms include HTX、Bybit、Bitget, and others.
Step 2: Register an Account
Here, we'll register an account on the Bybit(registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing DIMO.
Step 5: Purchase DIMO
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of DIMO you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy DIMO.
Step 6: Store Your DIMO
After purchasing, you can choose to store your DIMO in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and DIMO assets, be sure to use a strong password and enable two-factor authentication.
DIMO Price:DIMO (pronounced "Dee-Moe") makes every car on Earth smart and programmable. It is an open platform designed to connect every car on Earth and modernize the entire transportation industry. DIMO opens access to vehicle data, connectivity, and business opportunities.The price fluctuates daily, you can go to the exchange: Bybitto check the price.
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