The modern world depends on cars, and every year the number of cars produced increases. But not everyone can afford a new car. In accordance with the price policy, a one-year-old car loses at least 30% of the cost in comparison with the new car, while remaining fully competitive in terms of technical characteristics. But the market for the sale of used cars has serious shortcomings. The likelihood of forging documents by previous car owners and hiding emergency damage to a car significantly complicate the purchase process. Dealership centers that sell used cars increase their price, ensuring the authenticity of documents and the available background of cars. Thus, a buyer of a car faces the choice - to buy a car with a risk, but cheaper, or to buy a car with a quality guarantee, but at a more expensive price... Decentralized BlocVehicle platform offers its users to buy cars for reasonable money and with an absolute guarantee of quality.
Key Features of BlocVehicle
BlocVehicle platform offers users a wide range of services related to profitable car sales and simplified car rental. BlocVehicle connects buyers and sellers, lease provider and renters directly, allowing to save on payment of intermediary services. The platform guarantees the authenticity of the information posted about a car, and the security of conducted transactions.
Advantages of BlocVehicle
BlocVehicle project is based on blockchain technology, which, due to the distribution of the database on different network nodes, does not allow fraudsters to forge the information already posted. The information posted about cars is checked against active databases, and allows a buyer to have a complete picture of the upcoming purchase. All calculations on the project occur using smart contracts that allow users to save on the commission of intermediaries and reduce the time of a transaction to several minutes due to the formation of automatic transfer.
The work on the project begins with the SCC registration that carefully checks each user. One person can have only one account in the project. Further, a seller posts information about cars that he/she would like to sell or lease. An important aspect of BlocVehicle work is the consolidation of the background of a car within the project, i.e. if a car is sold twice during the project, its parameters at the time of the last transaction will be stored in the system.
Thanks to BlocVehicle project, each user will be able to rent a car for the period of travel at the location. Renting a car through the project is cheaper than applying to a car dealership and help a renter to avoid collecting a large number of documents. Moreover, each user has a rating on the project, where each lease provider will be able to leave feedback on cooperation with him/her. Accordingly, the rating system also applies to lease providers themselves. Thus, each user is interested in maintaining a positive reputation.
BlocVehicle cryptocurrency
To perform internal calculations, the project uses the internal cryptocurrency - VCL tokens, implemented according to the ERC-20 standard on the basis of Ethereum. A total of 1 billion tokens were released, of which 40% were directed for sale. Now the project is at the stage of the pre-sales until September 14, where one token can be purchased at a price of 0.0002 ETH. The minimum purchase is 1 VCL. You can buy cryptocurrency using ETH. The project’s softcap is 2 000 ETH, hardcap - 49 333 ETH. The main crowdsale is to be held from September 20 to October 31.
Summary
Thus, BlocVehicle platform unites buyers and sellers of cars within a single project, allowing to save on the services of intermediaries and to receive high-quality services within a short time. Reliable protection of information from falsification, convenient interface and availability of services around the world will allow the project to achieve excellent results. The possibility to rent a car for a trip allows a tourist to be mobile, and a lease provider gets the opportunity of additional income with minimal expenses.
The project was launched at the end of last year. At the moment, the beta version of the project has already been launched, the attracted investments are planned to be directed to the technical development of the project.
Links:
Website: https://ico.blocvehicle.com
WhitePaper: https://bit.ly/2CpF9m4
Telegram: https://t.me/joinchat/JHrrghLAiy06i-vc4H_6Mw
Facebook: https://www.facebook.com/BlocVehicleico/
Twitter: https://twitter.com/BlocVehicle_com
Medium: https://medium.com/@blocvehicleinfoinfo
ANN: https://bit.ly/2MVhgHV
Author: https://bitcointalk.org/index.php?action=profile;u=980049
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.