Just as a basic, it uses cloud technology for over the air (internet magic) telemetrics for cars.
Best video I could find on Youtube which kind of talks about the importance of this technology (and only a part of it) was this: https://www.youtube.com/watch?v=x6DfzkeQpQ0 Apologies that it is more 5G focused but it does kind of describe what some telemetrics that need to be transmitted rapidly are.
Just like Josh1996 and Burge13 mentioned; this technology could easily be used for insurance purposes and driver tracking. Have patience and trust that this company will do well. Just as T.E.P mentioned and looking at the released financial reports - no debts. Only way is up with expansion.
CXZ Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held
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