IOVC coin, issued by the IOV Foundation of Singapore (non-profit organization), stands for “Internet of Vehicles Coins”. It is a proof and crypto property that credential and digital asset for users participate in the construction of the Internet of Vehicles data eco-environment under the background of auto driving big data sharing network platform.
The IOVC represents the contribution of users involved in the construction of the ecosystem and does not represent the data itself. Following the expansion of the application scope of platform big data, the value of data has gradually become prominent, and the value of the IOVC coin has also increased.