gelandangan: BlocVehicle - Connecting Your Vehicle to People

What is the BlocVehicle.

At present the world is seeing the emergence of hyper connected communities where digital technology connects someone with others, people to things and online to offline. In this community, people can connect to each other online anytime and anywhere.

At present, the breadth of the world car insurance market is around trillion dollars. Among the 200 billion dollars that insurance companies use for advertising, most of the money is used for banner ads on internet portals. About 30 dollars is given to the portal for one click on the banner. Nearly 100 dollars is used if customers try to compare three different insurance companies.

This results in a vicious circle because advertising costs are a big burden for contractors. BlocVehicle will make car insurance companies to pay for contractor Vehicle tokens (VCL) instead of advertising costs. Furthermore, insurance companies can get more contractors, and contractors will experience a 30% premium discount.

By combining blockchain technology with the rental market and used car industry, the BlocVehicle is expected to bring major changes to the ecosystem of services available.

BlocVehicle allows users to store and store data on their own cars, motorbikes, campers and yachts on a blockchain-based public ledger and will have, similar to what Facebook does, information about users' cars to share with other users. So, a car without unpublished maintenance data will not be able to find a place on the market.

BlocVehicle will create the world's best service platform for the used car market, offering a transparent and fair P2P trading system based on car maintenance data.

BlocVehicle mission.

The BlocVehicle Team's mission is to build a decentralized blockchain-based network that will allow all users to store their car history data in a general ledger and make it accessible.

Data, produced with qualitative and quantitative methods, will be integrated and stored in ledgers distributed in blockchain. Qualitative data refers to car lifestyle photos and video clips that can be produced by smartphone applications, while more specific quantitative data and technical records are generated by car repair centers, insurance companies, and third-party APIs.

Users will have full ownership of their automotive history data that they have created. Those who want to get this data must obtain approval from the owner and give a reasonable gift to the owner. In addition, off-blockchain storage will be prepared for data backup and other purposes that will bring more opportunities for participation.

Why is Blockchain Used?

On the market today, each system has their own separate programs and databases in the development stage. These are designed to be turned off, with each having various security solutions such as F / W, access restrictions, and encryption. 100% security protection is not possible, however, because the centralized control system is vulnerable to modification by the system moderator or admin.

Blockchain, on the other hand, does not have such authority. Systemically, blockchain provides a guaranteed content by having a collective group participating in every step. When the transaction takes place, a number of countless nodes run the same program simultaneously to verify the process, only ending itself when verification proves successful - making it impossible to duplicate or hack the results of the transaction. This is only reinforced by the fact that the communication protocol, the source of the program, and the data are all open to the public via the Internet.

ICO

Token Sales.

Token Contract Address: 0xf6AEaC4e30C12eB3a69De72D089c07EAa380B3A0

Token Symbol: VCL (Vehicle Token)

Total Total Supply: 1,000,000,000 VCL (no additional tokens)

Ethereum platform

Type ERC20

Prices at ICO 1 VCL = 0.002 ETH

BONUS

70% Pre-ICO

Step 1 50%

Step 2 25%