BigFive Quickfix

Problem and implemented solution

Issue: The automotive industry suffers from inefficiencies, lack of transparency, and limited access to mechanic services and spare parts, leading to prolonged vehicle downtime, increased costs, and decreased customer satisfaction. Solution: Big Five introduces a blockchain-based app that connects manufacturers, retailers, and customers seamlessly. By leveraging blockchain technology, the app ensures transparency and trust in transactions, efficient tracking and locating of spare parts and services, convenient access to mechanic services and products, increased productivity, reduced vehicle downtime, and enhanced customer experience.

South Africa (SA)
Nomination

Artificial Intelligence And Digital Services

Topic

Distributed registries

Estimated duration of implementation

We are the final stages of preparing before operating, to be in this stage it took us 9months

Implementation geography

Big Five platform is designed to be scalable and accessible across various regions. the initial Implementation will focus in South Africa, Johannesburg. the Big Five aims to expands to other regions and locales as the platform grows and matures, ultimately becoming a global solution for the automotive service industry but starting with BRICS.

Description of competitive advantages

Big Five offers competitive advantages over traditional approaches in the following areas: Efficiency: Streamlines processes, reduces downtime, and boosts productivity. Transparency: Enables clear tracking and management of fleet maintenance history and spare parts inventory. Trust: Uses blockchain technology to ensure transaction integrity and minimize fraud and errors. Convenience: Provides a one-stop solution for mechanics services, spare parts, and fleet management tools. Cost Savings: Optimizes fleet operations and reduces downtime, resulting in cost savings for fleet owners. Security: Protects transactions and data from cyber threats using blockchain technology.

List of awards and prizes, media articles about the organization/individual or the Practice

Yes, a member of the Big Five team has received an award in this filed of expertise- the bronze certificate in the BRICS Future skills technology competition. Big Five has not been featured in the media

List of scientific works and IP connected with the Practice

Companies and intellectual property commission (CIPC), Software code, patents, Trademarks,

Contacts

For queries about BRICS Solutions Awards please reach out to Agency for Strategic Initiatives International Office Team:

Partners

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