-

VinChain

VinChain: History of the decentralized automobile Blockchain Technology


VinChain is a project developed to solve the asymmetric problem of information available in the used car market. However, this is not the first attempt to build databases that track the history of vehicles, but the problem with precursors is that they are generally closed commercial databases and the information is not shared with all stakeholders.In addition, their information is stored centrally, which increases the risk of data corruption and data manipulation. 

Vinchain works with young users who want to buy a used car by purchasing a VinChain token. They then spend tokens through the VinChain network. Each participant in the network gets compensated with some tokens. Owning a vehicle is a very basic need of someone. 

With a vehicle, a person can move places within reach with a relatively short time than we walk. However, technological advances make the risk in living this life even greater. Many accidents on the streets due to lack of public attention to conduct Check the feasibility of vehicles before driving.

A car, made up of millions of interrelated components, and humans sometimes fail to check regularly on each vehicle. Wrong way of driving, also causes some spare parts to break down faster. While the cost of servicing a vehicle is now more expensive. 

Other use cases in the Business-to-Business scenario, including:

1. Car manufacturers may request reports on how to operate the vehicle. Based on this information they can develop a marketing and production plan.
2. Car dealers who can use that information to make better predictions about the current market value of the car.
3. Insurance companies can benefit from this as well, they will be better prepared to identify fake accidents and other frauds.
4. In addition, banks and leasing companies will be able to determine the exact market value of the car before issuing a loan.
5. Service stations may use the data provided to them.

VinChain aims to make a vehicle industry more transparent, fair, and nothing is hidden by some parties. Because the main problem of society when buying a vehicle is, banyam regret because the condition of the vehicle they buy is not in accordance with expectations.

Blockchain technology is a technology that is being mass-enriched by state and government agencies to be applied in certain systems, especially the financial system. Blockchain can be called a distributed ledger that can store data and information without being covertly edited and the data can survive in blockchain forever.


The record system used by VinChain is very sophisticated. The data is transmitted using tools embedded in the vehicle. The tool is directly connected to the blockchain network of VinChain without going through an intermediary.

While the party that melakukam changes in the vehicle is required to mengakaes and give statements through the application or website to VIN Database. Once the data goes into blockchain, then the data will be immune and can not be edited by anyone.

During the development process, the team will create flexible APIs, mobile apps, and websites that allow customers to integrate them into the platform and create easy-to-use and easy-to-use frontend and backend. The team has also been given a very high ICO benchmark because of ideas, team strength and experience in the automotive industry.

When we receive a blockchain request, we find the data in our portfolio and information in a structured form. Fees for such information are received by members. Either the used vehicle market or buyer will benefit from asymmetric information.

When the buyer knows all the information about a particular vehicle, this will create confidence in the process and prepare to pay more. For sellers, to publish the entire history of vehicles that increase the value of the car at the time of sale. If the buyer knows the full operational history of the vehicle, he has the assurance that the vehicle maintains a certain level of value. The same can not be said about vehicles without reports.


The most effective effect is that the seller becomes easier in marketing the product or service. Costs for marketing can also be suppressed. Mobile apps from VinChain will provide users with the ability to make money, control the car using the remote, geolocation services, analyze the driving style, check the condition of the car, reminders of the next service even up to the loyalty program.

VinChain provides an opportunity for investors who want to join and become part of this VinChain support project by purchasing VIN Token. VIN Tokens can be used for services provided by the VinChain platform, and those using VIN Token will get a special discount.

ICO Token Information:
Token Symbol: VIN
Price: 1 ETH = 20.000 VIN
Total Supply: 1,000,000,000 VIN
Distribution for ICO: 60% = 600,000,000 VIN
ICO Start: February 1, 2018 - April 15, 2018
Token Type: ERC20
Receive: ETH, BTC, LTC
Softcap: 3300 ETH
Hardcap: 23.250 ETH




 

When a buyer and seller transact, then a buyer will get goods according to his expectations. From there, a buyer's trust will result in the VinChain platform becoming more popular and will certainly have an effect on all members of the ecosystem.

More information about VinChain:.


Bitcointalk  Profil: https://bitcointalk.org/index.php?action=profile;u=1917456

Komentar

Posting Komentar

Postingan populer dari blog ini

-
Gambar
KARMA What is karma? Karma is a courageous initiative that leverages the power of decentralization and blockchain technology to empower membership-based organizations worldwide. Our slogan perfectly reveals Karma's vision: The World's First Centered Shortcut Community Network. This is far more than just a slogan for us, but rather the basis for all our combined efforts. Our mission is to be a core provider of such a tool - empowering communities of all shapes and sizes and enabling them to scale new heights. All this while giving them support and incentives along the way. The blockchain capability of the Karma Protocol and, more specifically, Karma International Token (KIT), lays the foundation for all these efforts: enabling organizations to launch, manage, build and operate in Karma and ensure that modules are evolving, sustainable and diverse. and support the ecosystem. Karma also integrates the best offchain breed technology to provide a truly optimized and modul...
Baca selengkapnya
-
Gambar
DeepGold Altcoin terunik yang akan hadir ,Ciptakan kota dengan sebuah Crypto   Hello Brother :) Disini   saya akan menceritakan salah satu  cryptocurrency  yang dinominasikan paling unik untuk dimasa depan yang akan datang . Setiap altcoin mempunyai salah satu visi dan misi untuk hadir di dalam dunia  cryptocurrency . Deep Gold  salah satu altcoin yang berbasis ethereum ERC20 . Mempunyai daya tarik tersendiri . Deep adalah dunia fantasi dimana kita bisa membangun kota untuk menjadikanya investasi di dunia maya . Ibarat memainkan game namun menghasilkan keuntungan yang panjang sembari berinvestasi aman dan menghindari turunya stabilitas harga di pasar . Membangun kota sendiri menggunakan Deep token . Deep Api ialah server yang menampung seluruh user Deep . Ketika anda mempunyai token anda dapat membangun kota atau menjualnya di market exchange . Seluruh user yang bermain di Deep dapat menjual aset kota nya pada user yang lainya . Token DEEP 100.000...
Baca selengkapnya
-
Gambar
PLENTIX Plentix  is? Plentix  is a decentralized blockbain based platform and app that aims to connect and reward all participants in the online referral program. Plentix  is a multifunctional decentralization platform, as well as multifunctional applications, whose base is block. In high-priority platform connections, and, therefore, remuneration of all contingent participants in the referral system shown. Various developers can build this decentralized platform without uncomplicated blockades, given the complex platform schemes. The intellectual contract is as safe as possible, which simplifies the work of programmers and specialists in one area of activity, which significantly reduces costs, if necessary. Products offered by  Plentix Now you can try the alpha version of our product, click below and test. The first client of our product is our Token Sale team, now you can enjoy Plentix decentralized apps and get prizes in many tokens. ...
Baca selengkapnya