Hello guys Good Night from Indonesia, this time I will write a short article about VinChain Project. So let's get started!
Every day Thousands of used vehicle are sold in the world, and each buyer wants to get reliable information about the technical condition of the vehicles. This is an important security, financial, and safety issue for us. That's why the vinchain project is created!
What is VinChain?
VinChain is a decentralized database for vehicle history, The database will collect all relevant information about used vehicles, including mileage, repair records, accident history and any other relevant information. VinChain will solve problem which we find today, when going to buy a used vehicle on the market. They will create a decentralized transparent blockchain database thats record all information about the used vehicles.
All information will be stored in a database and use blockchain technology and data hashing through the SHA-256 algorithm to protect the accuracy information about the used vehicles, also the information is transparent and accesible to everyone.
VinChain app
Website and Mobile application will be created for manufacturers, dealers and insurance companies, the application will provide users with the best offers on discount and service, vehicle maintenance etc. Also the application will collect how to drive economically and offer discoun on insurance. The information will collected on the blockchain. The Website will be a portal for companies to make a ideal marketplace, dealers also can better to analyze vehicles they are considering to acquire.
If you want to read more you can check their whitepaper here : https://vinchain.io/files/white_paper.pdf
Token Sale Details
Token Name: VIN (ERC-20 Smart Contract)
Platform: Ethereum (ERC-20 Smart Contract)
Token Issue: 600.000.000 VIN
Official opening time: 1/2/2018 - 15/04/2018
Price: 1 ETH = 20.000 + stage bonus
Soft Cap: 3.300 ETH
Hard Cap: 23.250 ETH
Accepted currencies: ETH, BTC, LTC, DASH
Team
Advisors
Conclusion
One of the best projects I think, Vinchain is trying to solve our problems related to the history of the used vehicle. By using blockchain technology they try to create a transparent database of vehicle history that anyone can access, Especially in my country this is one of the serious things and I think VinChain is the solution.
It seems enough for now, Sorry if there is a mistake in writing. Do not forget follow & upvote, I will give some links related to Vinchain project below. Thank you very much!
Website: https://vinchain.io/
Facebook: https://www.facebook.com/vinchainio/
Twitter: https://twitter.com/VINChain_io
Telegram: https://t.me/vinchainio
Medium: https://medium.com/@VINChain
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=2349186.0
Whitepaper: https://vinchain.io/files/white_paper.pdf
Created By Pedobear a.k.a Dhemas putra/dhemasm(bitcointalk)
Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=1049524
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Great solution for the buyer like me, Good review! Upvoted!!!!
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Thanks!
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