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DIMO is fundamentally a web3 project that focuses on creating a decentralized and user-owned network specifically tailored for vehicle data and mobility applications. Built upon the Polygon platform, DIMO leverages blockchain technology to establish a universally recognized digital vehicle identity. This identity incorporates aspects such as data transmission, permissions, vehicle control, and payment processing.
At its core, DIMO is more than just a cryptocurrency; it is a protocol that empowers vehicle owners, developers, and data consumers. Vehicle owners are given the tools to collect, utilize, and monetize data derived from their cars, while developers can create apps and services that benefit from the rich tapestry of information generated within the network. The project prides itself on its transparency and openness, as it is built with open-source components, ensuring that privacy and reliability remain at the forefront of its operation.