USERVICE: DECENTRALIZED BLOCKCHAIN APPLICATION FOR AUTOMOTIVE SERVICE CENTERS
Technology has helped so many markets in reaching new heights. And one such market is the automotive market. Approximately 93 million new cars hit the roads around the world in the year 2016. With the introduction and huge rise in popularity of electric cars, this number is only going to increase in the future. Being one of the largest industries, the maintenance of these cars becomes an issue owing to the huge number of new cars. Most of the money goes into repair costs. However, there lacks an ecosystem which brings the automotive industry to one place.
Uservice is a single global decentralized blockchain platform for auto service centres that connects drivers, car service stations, insurance companies, banks, state monitors and car manufacturer plants. It is a one-stop platform to provide automotive solutions.
EXISTING ISSUES
- Lack of transparency
Probably the biggest existing problem in the market today and you may call it asymmetry of information. This means that either the buyer or the seller knows more about one product than his/her counterpart. This usually becomes a hindrance as the buyer may be afraid of being scammed.
- Lack of single platform
There does not exist a single platform which can act as a one-stop solution to all automotive problems.
- Lack of mobile solution
Today, time has become the number priority for customers and to tackle that problem, mobile apps are the best option. Still, there do not exist any mobile solutions in the automotive market.
- Other problems like inadequate data analysis and payments security and lack of trust between parties still exist.
USERVICE SOLUTION
Uservice has created a single global blockchain platform which brings together all the players involved in the automotive market, together at one place. Hence, they get an opportunity to cooperate and buy and sell things, thereby increasing the official transparency and efficiency. Various solutions provided are:
- Getting rid of counterfeit products in spare parts market : The issue of checking each extra part and being ensured of its genuineness can be done by utilizing a blockchain. Singular identifier, all the data about the operations and developments of each part can be recorded in one framework, naturally. In addition, they will be safeguarded and ensured in light of the rationale of building a decentralized model for the transmission and capacity of data.
- Distributed database: Putting away the entire auto history on the blockchain stage will make Uservice the main aggregator of data in the whole auto industry. This will enable to promptly make adjustments to the production process of the car at the plant on the basis of world-class analytics according to the statistics of the most breakdowns.
- Advertising: Uservice's Uremont.com can also be used to advertise and payments will be accepted at the rate of 1 UST = 1 USD.
ICO
There will be two tokens which will be issued, UST and USX tokens. UST tokens will be available during pre-sale and sale. The ICO started on 20 November 2017 and will go on until 1 February 2018. The soft cap is 3000 ETH and hard cap is set at 30,000 ETH. Rate is 1 UST = 0.0005 ETH. Payments will be accepted in ETH, BTC, LTC, and DASH.
USX tokens will be introduced later on in 2019 after the company is well established. USX tokens can be bought using UST tokens.
REVIEW
I think a product like this was long overdue in the market. Uservice is a great platform for new and old users alike who don't trust the existing system. In addition to being an online marketplace for automotive parts, Uservice can also be used for advertising. It has an experienced team and is bound for success.
Website:https://usrv.io/
Whitepaper:https://usrv.io/en-US/whitepaper.pdf
Telegram: https://t.me/userviceico
Facebook: https://www.facebook.com/uremont
Written by ollivander7
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1069616