VINCHAIN: GIVING ACCESS TO EVERYTHING YOU NEED TO KNOW ABOUT VEHICLE

Vinchain is a community-driven decentralized, incontrovertible, translucent, protected, and unswerving vehicle lifecycle storehouse. It is a blockchain database that records all information pertaining to vehicles. For each vehicle, the information accumulates during the entire period of use. This history is transparent and accessible to everyone. By insinuation, the number of years a particular vehicle is put to use by different users and at different times will be automatically recorded and made public for everyone and anyone to have access to without restrictions and chauvinism. To so doing, each buyer will have background knowledge of what he/she plans to buy; putting into consideration it equivalent value and adjustment, relatively. The VinChain as a project carved out of 21st century demands will unite all data providers and create an unremitting history of the car, devoid of the disadvantages of centralized databases. Market actors as well as influencers such as car manufacturers, car dealers, insurance companies, banks, and leasing companies all need a history of utilization and they need it to be apparent, reasonably priced, steadfast and genuine. In addition to the benefits attach to using this platform, buyers who are choosing a car right now can order our report instantaneously.

Project Goals

Change the global market of used cars by making it honest, transparent,
reliable and with equal access to information for each participant.

Project Objectives

1. Create a block with different levels of access and information protection.
   Data security level should correspond to the needs of government agencies.
2. Unite the participants in the automotive industry, such as
   manufacturers, insurance companies, dealers, service stations,
   developers of navigation systems, into a single ecosystem for data
   exchange purposes.
3. Create an substructure and provide direct access to the database for each market participant.
   

How It Works

• When requested, the information corresponding to the requested VIN
number will be searched and selected in the blockchain.
Each record will have information about data provider, date, VIN and the use of the car.

Description of the ICO

Why Blockchain?

The advantages of using Blockchain technology for VinChain:
• Blockchain can record all the information about vehicle maintenance.
• The ability to customize access levels for different users.
• Absolute reliability.
• Transparent rewards system for data providers
• The opportunity to work directly with any market player
• Resistance to network attacks

Early sale of tokens for early investors

Sale in advance: 1.-24. 12,000,000 tokens will be available for settlement with the sale ban for 3 months after the ICO.

Issue and sale of chips on ICO

The ICO will be held from March 22 to April 15, 2017. The following payment methods are available for VinChain tokens:
• Bitcoin (BTC)
• Ethereum (ETH)
• Riple (XRP)
• Litecoin (LTC)
• Waves (Waves)
• USD, EUR, GBP
Available for placement: 600,000,000 tokens.
Tokens will be distributed to buyers within 72 hours of the end of the ICO.

The distribution model of the chips is as follows:

The Genesis block distribution model on the VinChain network will contain 1,000,000,000 service tokens.
• 600 000 000 => are distributed among the members of the ICO;
• 250,000,000 => are reserved for founders, consultants and other members of the team with a 2-year sales limit;
• 137,500,000 => are reserved with a 2-year sales restriction;
• 12,500,000 => are reserved for early investors with a restriction of sale of 3 months after the termination of ICO

For More Details Visit :

Website : https://vinchain.io/en

Telegram : https://t.me/vinchainio

Facebook: https://www.facebook.com/vinchainio/

Twitter: https://twitter.com/VinChain_io

Author details

Bitcointalk profile url : https://bitcointalk.org/index.php?action=profile;u=1230529