Buying and selling transactions are now easier by using online media. Any item can be easily obtained through seller transactions and purchases directly through social media or marketplace. One of them is buying and selling used cars and private used car rentals. Used car transactions can be done easily using a new platform, the BlocVehicle, which will offer sale and purchase transactions and used car rental using P2P services without the intermediary of the dealer or third party.
Thanks to using a decentralized P2P network with the blockchain the BlocVehicle platform will provide a transparent transaction system and equality system. You can benefit from private used car rental transactions, because it has been supported by valid data about vehicles and historical data of vehicles that want to be rented. This will create a new business model and provide a used car rental price that is reasonable and will not be too expensive. Transactions done are also easier and safer.
The solution offered by the BlocVehicle
There are several solutions offered by the BlocVehicle. The solution offered will benefit the users involved in this platform. Some of the solutions at his disposal are:
OPEN PLATFORM - BlocVehicle uses an open platform that will provide services for buying and selling used cars by utilizing the BlocVehicle Network. Each user can apply to rent a registered vehicle and can search for used cars they want to buy. The BlocVehicle Network ecosystem will be created through collaboration with existing businesses. This will make the development of the economic ecosystem better.
CAR HISTORY DATA - History data or car history will be automatically saved on the blockchain network which will be the proof and guarantee of your car. You can use the BlocVehicle mobile application that can be used to take pictures when replacing car spare parts, when changing oil or when servicing a car, to car washing activities. All data will be stored safely and become a car history that will be the estimated value of the car.
P2P CAR SHARING - You can rent your private car to other users very easily using P2P network services without third-party intermediaries. The car owner will make a profit from the car rental. Transactions Car rental using a P2P network system will be safer and at a reasonable price / not too expensive. All transactions will be transparent and recorded in the blockchain ledger.
USING P2P CAR DEAL - the BlocVehicle P2P network provides security in transactions and there is no need to pay transaction fees when buying or selling cars to other users. This platform will be safe from fraud.
BlocVehicle Network System Based on the Ethereum blockchain
BlocVehicle is a platform based on the ethereum blockchain network that has been decentralized. The ethereum network is a network that has reliable, flexible and scalable infrastructure that will be fully implemented in blockchain technology and smart contracts.
Today the world is seeing the emergence of a hyper-connected society in which digital technologies connect a person to other people, people to things and online to offline. In this society, people can be connected to each other online at any time and anywhere.
In light of this, blockchain technology will be increasingly applied to more fields such as finance, logistics, health care, and public and tourism services, creating a new P2P economic ecosystem.
Combining blockchain technology with the automotive industry, BlocVehicle is expected to bring great change to the economic ecosystem of the automotive service industry.
BlocVehicle enables users to store and retain data on their own cars, motorcycles, campers and sailboats in a blockchain-based public ledger, and like what Facebook does, information on their cars will be shared with other users. Thus, a car whose maintenance data is not made public will be considered being in poor quality, which is unworthy of purchase.
By applying blockchain technology to the automotive service industry, BlocVehicle will ensure that:
Any person can store and share data on his or her personal automotive history with others via a blockchain- based public ledger
The problems of asymmetric information will be resolved by creating a used-car trade platform based on P2P networks
A service platform will be created to connects travelers to vehicles around the world
BlocVehicle provides technical assistance and measures that utilize blockchain technology with the existing legacy system connected to BlocVehicle Network.
BlocVehicle Network is developed with the EVM-based decentralized application program (DAPP). The EVM is mostly used for the development of smart contracts. Considering the development time, cost and reliability, building BlocVehicle Network with the EVM as a base is more efficient than creating a new blockchain network and platform. Therefore, BlocVehicle uses Ethereum(ETH) as a main platform.
BlocVehicle Network mainly comprises three components:
accounts
vehicle information
VCL tokens
Storing all data through blockchain is nearly impossible given realistic constraints in time, cost and performance. To minimize the volume of data directly stored through blockchain, the photos and video files of a vehicle’s history are stored in an external storage space in encrypted form and the hash values of these files are recorded via blockchain. For the external storage space, an off-block-chain storage is used based on the network of the InterPlanetary File System (IPFS).
Struktur Sistem BlocVehicle
BlocVehicle Network consists of three layers and an off-block-chain storage. The apps layer handles connection to all participants. The service layer handles connection to the apps and core layers. The core layer handles connection to the off-block-chain storage.
- Apps Layer
The apps layer provides the UI and API for creating and reading information. Participants can use all functions through the official wallet (iOS / Android App), whereas a third party such as a corporation creates quantitative data through the third party API.
- Service layer
The service layer connects the apps and core layers and provides functions for management of user information. The service layer gives functions for data input and output via connection to the core layer.
- Core Layer
The core layer uses diversified databases to safely protect data with the data network using the latest encryption technology. As a limited quantity of data can be stored via blockchain, a separate storage space is needed to efficiently store the photos and video files of a vehicle’s history, which is handled by the core layer.
Token info
Token VCL
Platform Ethereum
Type ERC20
Price in ICO 1 VCL = 0.002 ETH
BONUS
Pre-ICO 70%
Step 1 50%
Step 2 25%
Tokens for sale 400,000,000
Investment info
Accepting ETH
Distributed in ICO 40%
Soft cap 2,000 ETH
Hard cap 49,333 ETH
Roadmaps
Dec. 2017
Started project
May. 2018
Published white paper
Jun. 1, 2018
Started pre-sale of tokens to early investors
Aug. 15 - Sep. 14, 2018
Pre-ICO
Jul. 1 - Sep. 30, 2018
Complete BlocVehicle's logical system diagram Complete H/W and S/W logical diagram & development methodology
Sep. 20 - Oct. 31, 2018
ICO
Q4. 2018 - Q1. 2019
Form promotional & regional partnership for Asian market
May. 2019
Complete 1st vehicle system Launch BlocVehicle services (vehicle app, data, dealer & sharing services)
Jun. 2019
Form promotional & regional partnerships for U.S. & European markets
Q1. 2020
Complete 2nd vehicle system Launch vehicle link service for used car providers
Q3. 2020
Complete 3rd vehicle system Launch vehicle link service for car-sharing service providers
Team
Advisors
Official links for more details,
Website : http://ico.blocvehicle.com
Facebook : https://www.facebook.com/BlocVehicleico/?modal=admin_todo_tour
Twitter : https://twitter.com/BlocVehicle_com
Instagram : https://www.instagram.com/blocvehicle/
Medium : https://medium.com/@blocvehicleinfoinfo
Reddit : https://www.reddit.com/user/BlocVehicle/posts/
Ann Thread BCT : https://bitcointalk.org/index.php?topic=4836155
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Published by cryptohipo
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