DIMO to Be Listed on DigiFinex

DigiFinex will list DIMO (DIMO) on June 24th.

DIMO Info

DIMO is an open vehicle connectivity platform designed to enable car owners to connect their vehicles, manage their data, and potentially monetize this information. Furthermore, it provides a foundation for developers to design applications compatible with any car. Rooted in transparency and trust, the platform’s operations leverage open source components to enhance user and developer confidence in connected services and devices.

Operating on the Ethereum Virtual Machine, DIMO employs blockchain technology, cryptography, and real-world hardware to establish blockchain-based identities for various entities, including users and vehicles, via NFTs and smart contracts. By integrating licensed hardware devices, like the DIMO Data Miner, and approved software APIs, telemetry data is securely linked to specific vehicles and trips. Major companies can issue verifiable blockchain-based credentials, while users retain control over their data, choosing which specific pieces of information to share and with whom.

The DIMO token serves as the primary medium of exchange and incentive within the DIMO ecosystem. Vehicle owners can earn these tokens by sharing their data or availing certain services. This tokenized approach not only promotes active participation but also drives developers and other stakeholders to advance technology, offer more cost-effective solutions, and even pioneer entirely new app categories within the vehicle data realm.