GAUS is a worldwide blockchain platform for purchases of goods using cryptocurrency, guaranteeing payment transaction security up to the receipt of the ordered goods.
The first focus area of the project is the development of a blockchain platform for vehicle purchases and the use of a variety of related services. The cost of vehicles and services purchased via GAUS will be 20-30% lower than their current retail prices.
Today, a vehicle purchase often requires an advance payment done by the buyer under a guarantee in the form of a contract. The related costs increase due to the existence of a long chain of intermediaries between the manufacturer and the buyer.
In addition, many retailers lack working capital for gray market vehicle procurements, but are prepared to provide the best services possible The GAUS platform makes a vehicle purchase or a service payment possible at a significantly lower price compared to existing prices, guarantees transaction security for full or partial payments, as well as the timely and quality level delivery of the purchased goods and services. In turn, the manufacturer or service provider, receives a new potential client pool and a guarantee of timely payments. By using standardized smart contracts, GAUS provides a convenient and secure invoicing mechanism.
The GAUS token builds the foundation for an infrastructure beneficial for all participants. Blockchain technology reduces transaction costs, while making the platform transparent, open, and safe for all parties.