Blockchain technology is a transparent digital ledger of transactions and records that are immune to change or deletion. Offering additional traits of increased security, lower costs, time efficiency, and error resistance, blockchain has risen, fluctuated in 2017. The utility of blockchain technology is limitless, sparking the growing list of companies, industries, and government exploring its potential adoption. The blockchain is an immutable public ledger that records digital transactions.
ABOUT MOVECO
Moveco is a blockchain-based mobility ecosystem that seeks to lessen the burden of car ownership while at the same time rewarding users for the miles driven in order to create a safer future with smarter mobility. The ecosystem's main goal is to drive a mobility future that is safer, smarter, more efficient, and affordable through gathering and providing insight on car generated data. Moveco currently has two products designed for its mobile app:
Drivebox
Drivebox lite
The product goals are to read sensor data, interpret driving behavior, and tracking routes. They also provide assistance in Car sharing technology that is useful for operational purpose and for warning about dangerous drivers. Moveco data collected is processed, normalized and made anonymous in order to ensure privacy and maintain consent of the data. The data is accessible only through the Moveco Data Hub or insights platform.
MOVECO AND BLOCKCHAIN TECHNOLOGY
The Moveco platform is built into dynamic set of features. The first in the features is the adoption of the blockchain Ethereum paradigm that helps to shape the use of smart contracts, state of the art technologies which will fit into the mobility and data centric business use case models in a reliable, safe and secure decentralized framework. Secondly, Moveco harnesses the power of big data and machine learning in a data centric mobility future. This availability of big data will be aid the learning of how mobility patterns, user behaviours, and enable specialised real time analytics for preventive safety models. Hence, this is made possible by the provision of big datas through consumers participation on Moveco. In addition, data privacy is ultimate on the Moveco platform by conforming to the "security standards and guidelines of safety, sensitivity, and privacy"
ADVANTAGES OF MOVECO PLATFORM
The system depends on MOV as the token for transactions that would record data and other kinds of transactions on the platform.
Stellar forms the payment network for this system with conveniences like low transaction fees and fast processing time.
Data would be collected from users who join the network and at the same time the data would be kept secure.
Data would be stored in an encrypted manner and would be validated by MovNet system.
The IP address of the users is used for validating the data, but it is not stored or used in any other way.
Data reports, as well as insights, would be generated on the platform which would help companies and individuals to study driving behaviours or when autonomous driving modules are being developed.
It would have Moveco app as well as to require Drivebox Lite to be installed which would reward consumers who provide data with MOV tokens.
The application would reward drivers of connected cars as the application would be able to generate information from vehicle sensors of such cars.
TOKEN AND ICO DETAILS
Moveco will issue MOV tokens which will be used as utility token on the Moveco ecosystem, and can be utilized in redemption platform and loyalty partner. Corporates can use the tokens within the Moveco App on the data hub, data insights, or the Ad inventory.
SYMBOL: MOV
Private Pre-sale:End of June 2018
Corporate Sale: End of June 2018
Crowdsale: July 1st
MOV is an ERC20 Token
Total Supply: 1,000,000,000 MOV
Sale Amount: 250,000,000 MOV
Hardcap: $20,000,000 USD
Softcap: $5,000,000 USD
Exchange Rate: est. $0.15 USD = 1 MOV
ROADMAP AND DEVELOPMENT PERSPECTIVE
Above you can see the roadmap — how the team sees their nearest and long-term future.
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.
The Moveco blockchain platform benefits are limitless and constructed on the very node and system conformity of its features for consumer's total reliance and trust. The Moveco operates on a reward system of getting MOV tokens for gas refills on trips and needed miles to be covered. Earning the MOV token gives the user the leverage to earn tokens for goods and services, pay for gas bills, pay for trips and enjoy the Moveco redemption platform or with other loyalty partners on the project. Moveco is a unique concept that has much potential for the automobile industry. Be a part of this tremendous project and follow these links for more information;
Website: https://moveco.io/
Telegram: https://t.me/moveco
Twitter: https://twitter.com/moveco_io
Facebook: https://www.facebook.com/MOVECOMOBILITY/
WhitePaper: https: //s3-ap-southeast-1.amazonaws.com/moveco-site-static/whitepaper/Moveco_v149.pdf
Medium: https://medium.com/@moveco.io
Discord: https://discord.gg/JqpBqsZ
Reddit: https://www.reddit.com/user/Moveco/
Author
nugezmils
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