‘Setoras’ Dashcam App Launches Regional Revitalization DX Model with GAR Coin Rewards

On the 2nd, Setoras Corporation, a provider of dashcam footage utilization systems, announced a new 'regional revitalization model' that leverages citizens' in-car footage for municipal operations, rewarding contributions with its proprietary cryptocurrency based on the degree of contribution.

The daily driving footage is used for road management and crime prevention measures. Residents are rewarded with ‘GAR Coin’ in proportion to their contributions to the community.

This project does not base its model on speculative trading typical of 'cryptocurrencies (virtual currencies)'. Instead, it tokenizes the 'confirmed value' obtained by administrative data usage, positioning it as a purpose-specific cryptocurrency.