FACTOS

Team Veritas

Digital Transfer

factos

Star Awards 2022

6. Conclusion

5. Potential development

4. Practical application & Novelty values

3. Creativity ideas

2. Roles & functions

1. Introduction

Index

introduction

Project's name

'honest & accurate information’

Factos

background

The number of car-buying contacts per post in the first quarter of 2022 increased by 33% compared to the fourth quarter of 2021

- Report + VIN (vehicle identification number)- Easy-to-use method- Reliable information- Serve various kinds of users

- Costly- Time-consuming - Undetailed

PROBLEM

Traditional inspection methods

Results: FACTOS

- Demand for used vehicles is growing - No specific tool for buyers

Reality

Total loss accident history

Flood damage history

Title and registration information

Severity scale for damage events

Information

Accident and damage indicators

Vehicle use

Service records

State emissions inspection results

Number of owners

Information

Odometer readings

Facts and figures

Survey on the community’s demand for our product.

Project’s ROLES AND FUNCTIONS

Determine types of services easily

- Control vehicles' condition more effciently - Track vehicles -> shorten inspection process

Evaluate the vehicle condition -> provide service

Save time, money & ensure reliability

states

garages

INSURANCE COMPANIES

buyers

roles and purposes

Functions

report

For

• used vehicle buyers
• mechanics, dealerships, garages, etc.
• state authorities and agencies

By

• mechanics, dealerships, garages, etc.
• state authorities and agencies

provide

Personal information protection: Data providers will only be able to report the information related to vehicle histories

Note

CREATIVE IDEAS

Creativity

Integrated platform having a two-ways data collection mechanism that can fit various types of needs

First and only tool in the Vietnam market to improve the inspection efficiency related to vehicles

practical applicationand novelty values

Supporting organizations in contracting and providing service to vehicles' owners.

Increasing the state’s vehicle management efficiency by integrating our new database

APPLICATIONs and novelty value

Providing digital vehicle history reports- a certificate guaranteeing the vehicle's condition

Providing reliable reference on the vehicle’s value to make the used vehicle sale process fast and efficient

Helping drivers keep their vehicles in shape with maintenance reminders and find service providers no matter where they go

PROTOTYPE

PROTOTYPE

PROTOTYPE

PROTOTYPE

potential development

Estimate cost

Estimated cost of 1st year

• 6.000.000.000vnd in 1st year
• $1 million/year from year 5

Expecting sales

non-profit project-> all revenue: - pay neccessary expenses - invest in traffic technology development funds

conclusion

Factos

With a reliable and detailed service that our product provides, people can access the used vehicle market with ease and confidence.

thank you