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“Algorithm + Credit” Rebuild the Value Foundation of DeFi

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5 years ago

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DeFi still has higher attention, with rapid technological innovation and continuous expansion of application scope, The goal of DeFi is undoubtedly to build a more effective, free, and transparent financial ecology. However, finance always develops with money and brings value exchange. Therefore, whether it is a decentralized scenario or a mass application toward reality in the future, stable cryptocurrency is crucial for users, so as to realize the dream of making virtual ideas become reality.

For this reason, in the field of cryptocurrency, many teams have been exploring stable currency. According to CryptoQuant data, stabilecoin holdings on global crypto exchanges hit a high record of $9.8 billion as of March 28, 2021. At the same time, the total stable currency market capitalization once topped $80 billion, according to CoinGecko, the current daily trading volume of all stable currencies is about $118.340 billion. Also, CoinMarketCap shows there are 16 mainstream stable currencies now.

The stable currency is illusory?

In general, both USDT and DAI are still on their way and haven’t really achieved the goal of “stable currency”. Tether’s White Paper said: “Tether is a decentralized cryptocurrency, but we are not a perfectly decentralized company. We store all of our assets as a centralized pledge.” Therefore, USDT is just borrowing the name of the cryptocurrency, but it is not really decentralized.

DAI, developed by MakerDao, is the largest decentralized stable currency on Ethereum. It is issued with the guarantee of the full amount of assets on the blockchain. It is only generated in the application scenario based on the mortgage, and the market value of the mortgage assets is the ceiling of it. Therefore, these stable currencies are illusory in a sense.

Will algorithmic stable currencies finally fail?

Now let’s take a look at the development process of algorithmic stable currencies, known as the holy grail of cryptocurrency. From stable currency1.0 represented by AMPL, stable currency2.0 represented by Basis Cash to stable currency 3.0: Frax Finance, all of them have gone through a period of growth. However, the stable currency reality is that we live under the sense of “ever-changing”, and stable value is still in the ideal.

AMPL algorithmic stable currency is used to increase or decrease the supply of AMPL in order to keep the price of AMPL around $ 1. Ampleforth uses Rebase operation to change the AMPL held by all users as a whole. The Rebase price is based on the average price of the past 24 hours. When this price is above $1.05, the AMPL balance in all users’ wallets increases simultaneously. At prices below $0.95, all users’ AMPL balances decrease simultaneously. During this process, the percentage of AMPL held by users in the supply does not change. It looks like everything is fine on its own, but when the price of cryptos falls to the point where deflation is needed, both the quantity and price of coins held by users are falling, so users face a double whammy.

So it’s easy to create a death spiral. Similarly, when crypto price rises, it is easy to create an upward death spiral. Thus it can be seen that this price model only has two possibilities: the price continues to fall, get into the infinite death circle and leave the market, and the price rises steadily to around 1USDT; Prices rising, the AMPL has been printing (dividend), AMPL reserve disappeared, crypto began to value return, people in loss cannot gain AMPL, prices will fall back near 1 USDT (need funds continue getting into the market), so it is difficult to see AMPL achieve speculation, meanwhile achieve stability, And stability is a necessary condition for a stable currency.

Basis Cash, as represented by 2.0, includes three tokens, Basis Cash (BAC), Basis Share (BAS), and Basis Bond (BAB), among which BAB is non-transferable. The BAC is the stable currency, anchored to $1; BAS is an equity token, and newly-minted BAC tokens can be allocated. BAB is a bond. There is nothing wrong with Basis Cash based on the algorithm itself, but without a good application scenario, relying on the debt market itself is dangerous. There is actually a problem with debt financing in traditional markets, where those “too big to fail” entities can take on the risk of impunity through socialized bailout costs. It is entirely possible that Basis Cash could go into a debt spiral, in which case there would be no willing contributors, the debt would accumulate and the protocol would collapse.

Finance FX is the first partial algorithmic stable currency project, adding the concept of using “partially stable” as a collateral asset to the existing algorithmic stable currency. There are two types of tokens in Frax, the stabilization token Frax, and the governance token FXS. Frax costs USDC and FXS, but only USDC during creation. The initial mortgage rate is 100%, that is, all USDC mortgage is used to cast FRAX. After that, the mortgage rate will be adjusted every hour. If the price of FRAX is more than $1, the mortgage rate will be reduced and FXS ‘share in it will be increased. Raise the mortgage rate if the Frax falls below $1. The mortgage rate is adjusted every hour by 0.25% each time. But its high mortgage ratio leads to the lack of user appeal, its currency numbers and market supply have been stagnant.

Although the above three generations of stable currencies seem to be making breakthroughs and innovations, they do not give a satisfactory answer on how to solve the credit problem. However, algorithm stable currency that cannot solve the credit problem is useless. Bitcoin came into being to solve the problem of credit, but the stable currency, as an important extension of its development, has not inherited the legacy of credit, and is still stuck in the algorithm.

Crypto Credit Network (CCN)

In the financial field, credit is the foundation and the lifeblood. This is true of both traditional and modern financial systems. In the traditional financial system, credit mainly relies on the guarantee of laws and institutions. Apart from the high operation cost, the “credit crisis” gradually exposed by financial intermediaries is the fundamental reason why people urgently embrace the blockchain technology. Algorithm stable currency is going to help cryptos solve the credit problems, guaranteeing machine credit by algorithm, which does not rely on third-party subjective will and makes transaction transparent, efficient, reliable, and stable, let people who do not have to establish credit relationship between each other to achieve cooperation and free trading, reduce the cost of credit.

However, the world of blockchain cryptocurrency is a chaotic existence without a role name. To change from chaos to brightness, each individual needs to have his or her own identity, so that we can obtain the faith like phoenix nirvana. The CCN gives each individual a unique CID (Crypto Identification), which is the most basic rule in the Crypto world. To build a new crypto world of order, autonomy, and equality.

The construction of CCN not only takes blockchain technology as support, but also has a reasonable economic incentive mechanism. Reasonable use of incentive mechanism is an effective means to stimulate all parties to participate in the construction of CCN.

A sound incentive mechanism, reasonable mechanism design from the perspective of leading efficiency and fair governance, can make the value generated by credit information flow effectively to the value provider in the blockchain world, punish the evil behavior, and resolve the conflict between individual interests and collective interests. It makes the individual’s behavior of pursuing individual interests unified with the goal of maximizing collective value.

Therefore, CCN can further clarify the economic interests of each participant and the overall interests of the network, so as to fully mobilize the enthusiasm of each participant and guarantee great development of CCN from the source.

The CCN consists of three different identities: Creator, Guardian, and Angel, all of them have established screening mechanisms. Only firm believers can obtain the CCN identity. Early believers are required to contribute to maintaining the stability of early CCN by burning GAC tokens. Therefore, they are not only holders of GaeaCoin, but also determined preachers and builders. When GaeaCoin issues additional shares, it will also receive a corresponding percentage of GAC tokens as a reward.

The establishment of this system aims to provide every GaeaCoin participant with the opportunity to contribute to the community construction, and to create a healthy crypto community culture of dedication and autonomy through consensus, symbiosis, co-construction, and sharing.

In CCN, although the identity is different, the residents on the chain of CCN build the initial transaction link according to their CID address, and constantly expand CCN on the chain. Open CID needs to be recommended by the network resident, once the link is formed, it cannot be changed forever. Each of the three different identities requires a different number of GAC tokens to burn, which can be viewed on the GaeaCoin network. GaeaCoin network residents have different rights according to their status.

The integration with the DEX: OxySwap has pioneered a full range of applications

There is a natural interdependence between exchange and stable currency. The exchange has always been an important part of crypto digital asset market, and it is also the first application place of stable currency. Like Binance with BUSD and Huobi with HUSD, OKEx also launched USDK on June 3, 2019. Traditional CEXs are fiat currencies, where fiat currencies are exchanged for cryptos. If you want to buy crypto digital assets, you need to top up fiat currency, which undoubtedly increases the economic and time costs of investors in the process of exchange. The emergence of a stable currency can not only solve the above problems but also effectively avoid legal risks in the process of the transaction.

As it should be, the integration of GaeaCoin ecology and OxySwap not only lay a solid foundation for stable currency: GAC token application, but also creates opportunities for it to open up more and wider application scenarios.

OxySwap is a decentralized exchange running on the BSC with a collection of DEX liquidity mining, which offers functions of exchange, liquidity, market making, and so on. The strength of OxySwap guarantees the usages of the stable currency: GAC.

GAC will lead a brighter way

GaeaCoin algorithm stable currency: GAC dares to face the challenge, according to the industry news, GAC praises is not only relatively stable from the concept, but also to really put into application. In addition to GAC (GaeaCoin), GaeaCoin ecology also includes GAB (GaeaCoin Bond) and GASH (GaeaCoin Share), which serve to maintain the stability of GAC. GaeaCoin Ecology also integrates GaeaCoin protocol, algorithm, robustness, price response, encryption, and other technologies, superposed with the DeFi ecology of Crypto Credit Network (CCN), OxySwap (DEX), and so on, providing a realistic solution for GAC, and leads it to move towards the real “stability”.

The integration of CCN and OxySwap points out the direction for the application of algorithmic stable currency. In fact, we can already feel the power of the GaeaCoin algorithm stable currency, and once it is used at a large scale, the ideal stable currency is expected to arrive ahead of time. DeFi will also build on this basis, using currency, lending, spot trading, and other components to build continuously upgraded Lego of DeFi.

GaeaCoin’s move directly challenges the world’s centralized stable currency giants such as USDT and USDC, but compared to the previous challenges of AMPL, BAC, and FRAX, this well-prepared challenge looks more anticipated!

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

Bitcoin Royalty: The Rise of King-P Is Published as a Fictional Literary Work

Published

6 hours ago

on

September 30, 2026

By

South African author and visionaire Peter Mantu has published Bitcoin Royalty: The Rise of King-P, a fictional narrative that uses a royal kingdom setting to explore leadership, technology, learning, governance, competition, and social responsibility.

Durban, Kwazulu-Natal, South Africa, 30th Sep 2026 — South African author Peter Mantu has announced the publication of Bitcoin Royalty: The Rise of King-P, a fictional literary work that combines storytelling, allegory and technology-themed world-building.

Bitcoin Royalty: The Rise of King-P Is Published as a Fictional Literary Work

The story follows King-P, a fictional monarch whose journey begins with an encounter with Bitcoin and blockchain technology. As the narrative develops, King-P is confronted with questions surrounding leadership, knowledge, decision-making, collaboration, competition and responsibility.

Rather than presenting itself as a technical manual or factual guide, Bitcoin Royalty: The Rise of King-P uses a fictional kingdom and its characters to introduce readers to concepts associated with the evolving world of digital technology.

“I wanted to create a story that could introduce complex technological themes through characters, dialogue and an imaginative kingdom,” said Peter Mantu, author of Bitcoin Royalty: The Rise of King-P. “At its heart, the book is about learning, leadership, responsibility and the choices people make when confronted with something new.”

A Fictional Journey Through the Kingdom

The book is structured around 12 chapters, following King-P as he encounters different people, challenges and perspectives.

A central feature of the story is the fictional Cryptocurrency Council, a group representing different areas of knowledge and expertise. The council becomes part of King-P’s journey as he seeks to understand the unfamiliar technological landscape introduced into his kingdom.

The narrative incorporates themes including:

  • Discovery and learning — King-P’s introduction to Bitcoin, blockchain and emerging technology.
  • Leadership — the responsibilities associated with guiding a kingdom through periods of uncertainty and change.
  • Knowledge and understanding — the importance of asking questions and seeking different perspectives.
  • Collaboration — the role of specialists and advisers in helping the fictional kingdom navigate new challenges.
  • Competition — relationships between rival kingdoms and the effect of competing ideas on communities.
  • Governance — questions surrounding rules, decision-making and responsibility.
  • Innovation and change — the impact of unfamiliar technology on established systems and traditions.
  • Trust and responsibility — the relationships between leaders, advisers and members of the fictional kingdom.

The Story’s Major Chapters

The storyline progresses through a series of events that shape King-P’s development as a fictional leader.

The Proclamation introduces King-P’s decision to explore a new technological frontier and establish a direction for his kingdom.

The Quest Begins follows his early encounters with Bitcoin and blockchain concepts as he begins a process of discovery and learning.

The Cryptocurrency Council introduces the group of fictional advisers whose different areas of knowledge contribute to King-P’s understanding of the new technology.

Bitcoin’s Rise and The Bitcoin Battle develop the central conflict of the story, introducing changing circumstances and competing perspectives within the kingdom.

The Great Halving incorporates the concept of Bitcoin’s programmed supply reduction into the fictional storyline.

The Regulatory Challenge introduces questions concerning rules, governance and how institutions respond to technological change.

The Cryptocurrency War expands the fictional world through the introduction of a rival kingdom and its own digital project, RoyalCoin. The storyline uses the rivalry to explore competition, cooperation and public trust.

The Final Push and The Triumph of King-P bring the central narrative toward its conclusion, with the story reflecting on the lessons King-P encounters throughout his journey.

A Story About Technology, Leadership and Responsibility

While Bitcoin and blockchain provide an important backdrop to the narrative, the book’s broader themes extend to leadership, education, innovation, collaboration and social responsibility.

The fictional kingdom allows these themes to be presented through characters and events rather than through a conventional technical or academic format.

The book is intended as a creative work of fiction, with its characters, kingdom and events serving as narrative devices through which readers can explore ideas surrounding technological change and leadership.

From Book to Screen

The world established in Bitcoin Royalty: The Rise of King-P has also created opportunities for further creative development, including discussions around a potential film or screen adaptation.

The project is open to enquiries from producers, production companies and other media professionals interested in exploring the story’s potential for adaptation.

Publication and Availability

Bitcoin Royalty: The Rise of King-P is available online through the following official platforms:

Bitcoin Royalty — The Book

King P Empire — Bitcoin Royalty

About Bitcoin Royalty: The Rise of King-P

Bitcoin Royalty: The Rise of King-P is a fictional narrative by Peter Mantu that combines a royal kingdom setting with themes of technology, leadership, learning, governance, competition and responsibility.

Through the fictional journey of King-P and the characters surrounding him, the book explores how individuals and communities can encounter unfamiliar ideas and technologies and respond to change.

About Bitcoin Royalty

Bitcoin Royalty is the official project identity associated with Bitcoin Royalty: The Rise of King-P. The project provides information about the book and related creative developments through its official website.

Bitcoin Royalty Official Website

Media Contact

Bitcoin Royalty — Peter Mantu
Website: www.bitcoinroyalty.co.za
Phone/WhatsApp: +27 64 981 9285
Email: info@bitcoinroyalty.co.za

Editorial Note

Bitcoin Royalty: The Rise of King-P is presented as a work of fiction. The characters, kingdom, events and narrative circumstances are part of the creative story. The publication is not presented as financial, investment, legal or tax advice.

Media Contact

Organization: Bitcoin Royalty

Contact Person: Peter Mantu

Website: https://bitcoinroyalty.co.za/

Email: Send Email

Contact Number: +27649819285

Address: Unit 14, 25 Speedwell Rd

Address 2: Morningside, Berea

City: Durban

State: Kwazulu-Natal

Country: South Africa

Release id: 49546

The post Bitcoin Royalty: The Rise of King-P Is Published as a Fictional Literary Work appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

Steven Mwakalebela Assets Limited SMA Details Cross-Market Research Perspectives for Regional Capital Markets

Published

6 hours ago

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September 30, 2026

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Steven Mwakalebela Assets Limited (SMA) describes a cross-market research approach that relates London and New York market analysis to regional capital markets and domestic equity exchanges

Dar es Salaam, Africa, Tanzania, 30th Sep 2026 – Steven Mwakalebela Assets Limited (SMA), an independent capital markets research and education organization, has described how its published work connects global market research with analysis of regional capital markets. The approach is associated with Founder, Chairman, and Chief Financial Analyst Steven Mwakalebela. According to SMA’s website, his career experience spans more than 30 years and includes research involving companies listed in London and New York. SMA’s research coverage also includes regional equity markets, local stock exchanges, and macroeconomic factors relevant to regional analysis. The organization presents this as a research and education perspective, not as a cross-border trading service or an asset management offering.

Connecting Global Research with Regional Questions

SMA’s materials examine how global and regional factors can be considered within the same research process. The subjects listed on its research pages include interest rates, inflation, foreign exchange reserves, commodity cycles, company fundamentals, and market valuation. These factors do not affect every company or market in the same way, so the approach calls for researchers to identify the transmission path rather than assume a direct result. For example, a commodity-price change may matter differently to an energy company, a bank, and a domestically focused business. The regional question remains grounded in company evidence and local market conditions.

The cross-market perspective also allows researchers to compare methods without treating one market as a template for another. Research involving companies listed on the London Stock Exchange or New York Stock Exchange may provide examples of disclosure analysis, sector comparison, and valuation practice. Regional exchange research, however, still requires attention to local liquidity, currency conditions, reporting practices, and economic structure. SMA’s stated objective is to use broader market experience to frame questions for regional research. Its published materials do not claim that the organization operates a trading link between exchanges, brings foreign capital into local markets, or has a formal partnership with a securities exchange.

Research Portfolio Examples for Education

SMA’s website lists three named research portfolio examples under the Origin Core label. They are presented as material for research and education, allowing different sectors and markets to be examined through a consistent analytical process. They should not be read as evidence of client assets, fund operations, public offerings, or completed investment performance.

  • Origin Core · Regional Growth: This research portfolio focuses on growth-oriented companies listed on regional stock exchanges. It provides a setting for examining company earnings, balance-sheet information, governance, and sector conditions alongside domestic and regional economic factors. The label describes a research theme; it does not establish that SMA manages or holds the securities discussed.
  • Origin Core · UK Energy Select: This research example follows energy-sector companies listed in the United Kingdom. It is used to study how company fundamentals may relate to energy prices, commodity cycles, capital spending, and broader market conditions. Comparisons with regional questions are analytical exercises, not instructions to buy or sell a security in either market.
  • Origin Core · UK Financial Value: This example examines valuation questions in the financial sector, including the relationship between company accounts, risk, and market pricing. SMA presents it as an educational reference for studying banking and financial-company analysis in a mature market. The published material does not identify it as an active fund, managed account, or performance product.

Across all three examples, SMA states that its research portfolios are for study, case analysis, and research demonstration. The organization does not describe them as automated trading signals or personalized recommendations. It also states that it does not manage client assets or execute trades. Those limits are material to the cross-market narrative: the portfolios illustrate how questions can be organized, while any investment decision remains outside the scope of the published research material.

A Research and Education Perspective for Regional Markets

SMA’s stated aim is to make global market concepts more usable in research on regional markets. That involves translating broad macroeconomic questions into company-level analysis, comparing disclosure and valuation methods, and showing students or analysts how to record assumptions and limitations. The available materials support a knowledge-exchange and research perspective, but they do not demonstrate that regional capital markets have already become more internationally connected as a result of SMA’s work. Nor do they establish new investment flows, exchange connectivity, or market-wide outcomes. The documented activity remains research publication, investor education, and the development of analytical methods for regional use.

 

About Steven Mwakalebela Assets Limited (SMA) 

Steven Mwakalebela Assets Limited (SMA) is an independent capital markets research and investor education organization. Founded by Steven Mwakalebela, Founder, Chairman, and Chief Financial Analyst, SMA publishes market research, uses macroeconomic evaluation frameworks, and provides investor education. 

Media Contact

Organization: Steven Mwakalebela Assets Limited (SMA)

Contact Person: Henry Johnny

Website: http://stevenmwakalebela.com

Email: Send Email

City: Dar es Salaam

State: Africa

Country: Tanzania

Release id: 49566

The post Steven Mwakalebela Assets Limited SMA Details Cross-Market Research Perspectives for Regional Capital Markets appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

Pro-Grade AI Diagnosis, Without the Pro-Grade Price: THINKSCAN 689BT PRO Brings 610 Racing’s Know-How to the DIYer

Published

7 hours ago

on

September 30, 2026

By

610 Racing finished 7th overall at the 2026 Shanghai 8-Hour with THINKCAR diagnostic backing — and the same family of AI-assisted diagnostic thinking now reaches the independent technician and DIYer through the THINKSCAN 689BT PRO. Pro-grade diagnosis is no longer out of reach for the independent technician. Fix with Experts.

FRANKFURT, Germany / Timesnewswire / September 29, 2026 – After eight hours of racing at the Shanghai International Circuit in Jiading, 610 Racing brought the Audi R8 LMS GT3 EVO II home 2nd in the GT3 SA class and 7th overall. For a Shanghai independent team running against factory-backed entries, the result showed what focused, well-tooled effort can achieve — from qualifying through race incidents to a determined drive to the flag.

Over its September 25–27 window — Friday testing, Saturday practice and qualifying, then Sunday’s eight-hour race — the Shanghai 8-Hour ranks among Asia-Pacific’s premier GT endurance rounds and a flagship of China’s top-tier GT calendar, a stage usually reserved for the biggest budgets in the sport.

At the 2026 Shanghai 8-Hour, 610 Racing contested the GT3 SA class with the Audi R8 LMS GT3 EVO II and a four-driver crew: Yang Xiaowei, Steven Zhou, Roy Tang, and Luo Kailuo.

From the pit wall to the home garage

For the 2026 season, 610 Racing and partner THINKCAR took the grid together. THINKCAR builds AI-assisted diagnostic tools that turn raw vehicle data into a clear repair path, and 610 Racing is a fitting partner for the work: established in 2023 as the motorsport arm of 610AUTOGROUP — a luxury-car and racing technical-service brand under the Liaoning Aoxing Yuexiu group — the team became the resident squad at the FIA-certified Tianjin V1 International Circuit in 2024. Across an eight-hour format where diagnosis and repair happen against the clock, the team’s trackside technicians rely on THINKCAR tools to keep the transporter, service, and support vehicles ready. The Audi R8 LMS GT3 EVO II itself runs a race-specific ECU outside the passenger-car OBD protocol, so that diagnostic coverage is applied to the support fleet rather than the race car — and THINKCAR is now bringing the same problem-solving thinking to the independent technician and home mechanic through the THINKSCAN 689BT PRO.

Track-grade thinking, now in the DIYer’s hands

For years, race-grade diagnostic capability was the preserve of the best-funded operations. An endurance race compresses every diagnostic challenge into eight hours — shifting conditions, tight fault windows, and no room for guesswork — and THINKCAR’s AI diagnostic lineup brings that same discipline to the independent technician and home mechanic. A factory crew works from an entire pit wall of live telemetry; the home mechanic often has only a warning light and a forum thread. The THINKSCAN 689BT PRO is built to close that gap — an AI-assisted diagnostic tool for the DIYer, the mobile technician, and the independent shop owner that puts data-driven diagnosis, not guesswork, into the garage. It puts AI-guided diagnosis online, through mythinkcar.com, so a difficult fault gets a clear next step instead of a dead end — the same problem-solving mindset a race team relies on, at a price and a channel built for the independent technician. The case for that clarity is concrete: in 2024 the average check-engine-light repair in the U.S. cost $415 (CarMD Vehicle Health Index, drawn from more than 31 million diagnosed failures), and many faults share similar symptoms, so a backyard mechanic can flail without the precise cause. That is what “Fix with Experts” stands for: the right diagnosis should not depend on the workshop or the training behind it, and the 689BT PRO puts the diagnostic thinking a race team relies on into the hands of the independent technician who fixes cars on their own terms.

Photo:Roy Tang, driver of 610 Racing

What it means for the DIYer and independent technician

Consider a typical fault: a warning light with no obvious cause. The 689BT PRO reads the code and translates it into plain language — what the fault means, which module it sits in, and the common symptoms behind it — then draws likely causes from THINKCAR’s model-specific diagnostic knowledge base and lays out a repair path step by step: a troubleshooting sequence, a repair priority, and a suggested parts list that can be exported as a one-click PDF report. A plain-language assistant answers questions in everyday terms — “rough idle, weak acceleration” returns likely causes, checks, and repair advice — so the work starts from evidence rather than a forum guess, and a capable technician moves faster while a newcomer learns on the job. Built on the 689BT PRO’s full-system topology view, it is part of THINKCAR’s AI diagnostic lineup, separate from the premium T394 AI, and sold direct to the online-first technician through mythinkcar.com.

Availability

The THINKSCAN 689BT PRO is available online via mythinkcar.com; for product specifications and to order, visit mythinkcar.com.

Frequently asked questions

What is the THINKSCAN 689BT PRO?

The THINKSCAN 689BT PRO is an AI-assisted diagnostic tool from THINKCAR’s AI diagnostic lineup, built for the independent technician, the mobile tech, and the DIYer. It brings AI-guided fault analysis and repair steps to the home mechanic and the small shop, available online via mythinkcar.com.

Who is the THINKSCAN 689BT PRO for?

It is built for the online-first technician and home mechanic who want expert-level diagnostic guidance without a premium price — the DIYer, the mobile technician, and the independent shop owner who buy direct through mythinkcar.com.

About THINKCAR

Founded in 2019, THINKCAR is a leading provider of AI-powered automotive diagnostic solutions. With AI patents and a nationally registered automotive AI algorithm, THINKCAR serves 2.4 million users across 215 countries and regions. Its product ecosystem spans 8 categories including diagnostic tools, TPMS, ADAS calibration, EV diagnostics, and remote service platforms.

The T394 AI, its flagship Tyler-powered tablet, will be available through authorized dealers — visit thinkcar.com for details. Separately, the THINKSCAN 689BT PRO and MUCAR 892BT PRO — a more affordable AI diagnostic lineup separate from the premium T394 AI — are sold online via mythinkcar.com

Sources & Methodology

610 Racing and THINKCAR, 2026 Shanghai 8-Hour endurance race partnership and results: Shanghai International Circuit, Jiading, September 25–27, 2026; GT3 SA class, 2nd place; overall 7th place; Audi R8 LMS GT3 EVO II; drivers Yang Xiaowei, Steven Zhou, Roy Tang, and Luo Kailuo. 610 Racing was established in 2023 and became the resident squad at the FIA-certified Tianjin V1 International Circuit in 2024.

2026 Shanghai 8-Hour race format and class structure: a time-based “8 hours + 1 lap” format; GT3, GTS and GTC classes; professional and amateur drivers in crews of three or four sharing one car; pit, tire, fuel and driver-change decisions driven by real-time data (Shanghai International Circuit / event organizer).

THINKCAR product information: THINKSCAN 689BT PRO, AI diagnostic lineup, availability via mythinkcar.com.

CarMD 2025 Vehicle Health Index: average check-engine-light repair cost in the U.S. was $415.31 in 2024, based on more than 31 million diagnosed failures.

Media Contact

Company Name: THINKCAR TECH CO., LTD.

Contact Person: Lynn Liao

Email: Marketing@thinkcar.com

Website: http://www.thinkcar.com

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Cloud PR Wire

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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