The automotive and transportation industries are currently undergoing their biggest revolution since the invention of Henry Ford's assembly line in 1908.
Decentralized Autonomous Vehicles (DAV)-
DAV is a blockchain based computer network that will ultimately connect self-driving vehicles (such as cars, trucks, rovers, and drones) to everyone on that network, enabling them to discover, communicate, and transact using a token. Users can pay for the use of any of those vehicles with a token to get a ride or pick up and deliver a package. Users can have an entire network of self-driving vehicles at their fingertips to bring them anything, or to take them anywhere, with one token. Hundreds of millions of hours will be unleashed annually as drivers become passengers in vehicles that provide improved safety and a better transportation economy.
Problem with today’s infrastructure-
large corporations have already begun experimenting with fleets of autonomous vehicles like Domino’s pizza, Amazon’s Prime Air drones, are all leading the way towards fully autonomous transportation systems, but autonomous vehicles require charging, maintenance, and docking infrastructure. Centralization and narrow economic interests restrict the growth
Solution-
DAV’s open-source technology stack, protocols, and UI solve problems through enabling cooperation, positioning the DAV network as a platform for independent innovation at the edge. A decentralized open source network means that players can independently take action in response to unfilled or poorly filled market needs, also reducing the cost
Understanding new Technology
Decentralized Discovery-
DAV allows autonomous vehicles to discover each other, as well as service providers, and clients around them. DAV implements decentralized node discovery using a peer-to-peer protocol that does not rely on a central server.
Communication Protocol-
The communication could be of these two types
on-blockchain communication done directly, or off-blockchain communication done peer-to-peer using DAV’s protocols
Trustless Cooperation Tools-
Trustless cooperation between buyers and sellers of transportation services is achieved using a series of specialized smart contracts. These contracts are tied in directly to the DAV token.
Team Overview -
DAV team is full of dynamic individuals from diverse fields. Headed by Dr.Alan Messer who is also former CTO of General Motors. the DAV alliance brings together all the large players in autonomous vehicle industry like H3 dynamics, Advanced Aircraft company, skysence , scorpiox technologies to collaborate and work together.
DAV has projected to complete its first ever autonomous boat mission by its Q1, followed by start of token sales by Q2 till releasing decentralization of non-autonomous ride hailing services in Q4. overall hitting every milestone on time till date, and ICO for DAV is looking very promising
Token distribution:
Token sales- 40%
Bounties &Partnerships- 25%
Long-term budget- 20%
Team & Advisors -15%
Hard cap: 38Million USD
Soft cap: 5Million USD
Cost 1 ETH= 10,000DAV Tokens
The ICO for DAV is launching on 30 April2018- 13 May 2018
Find additional details:
https://dav.network/
https://dav.network/whitepaper.pdf
https://t.me/DAVNetwork
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Nice Post...Looks like an interesting ICO...
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