VOLT (ICO): Shipping platform in Blockchain P2P
What is VOLT?
VOLT is a platform through which the decentralised development of centralised platforms such as Uber and direct dissemination via P2P is allowed. Uber and the other models play a Central Control role as brokers and receive a commission of 20% or more. VOLT's P2P formula is an efficient method that aims to eliminate brokerage fees by reducing direct costs for customers and couriers to less than 5%, or in the hope of eliminating them altogether.
There is currently a centralized delivery model, with a system called Hub & Spoke. Around the world, this centralized model, which includes DHL, has been the leading delivery market. However, the centralized model is unable to meet same-day delivery needs. VOLT is a solution based on the blockchain P2P delivery model that solves the restriction of same-day delivery more effectively than existing models.
Worldwide e-commerce retail sales volume from 2014 to 2021 ($ billions)
Basic Concepts
Decentralization
VOLT is part of a decentralised platform. There is no mediator or agent, which translates into a reduction in the costs offered to users and an optimization of the benefits for messengers.
Transparency
At VOLT, we provide a transparent environment. All consumers and messengers or courier companies are concerned about the privacy and transparency of fees and expenses.
Safety and security
This is a payment system that allows two certified P2P entities to send and receive money remittances that are held at VOLT Tokens until after the exchange of services between the two parties has taken place.
Same day delivery
VOLT's same-day delivery service reduces delivery time to 1-5 hours, compared to 1-3 days at the existing online mall. Hub & spoke, on the other hand, is a system that collects all the items to be sent, sorts them and then transports them to their destination. This means that all packages sent from 32nd Street to 54th Street in Manhattan, NY, will be sent to Delaware and delivered in Manhattan. It is a time-consuming process and also involves high storage costs.
In order to solve this inefficiency, a messenger located near 32nd Street only collects what needs to be sent nearby and delivers it as P2P for delivery in a few hours.
The market
Annual online market expansion 20%.
How does it work in the market?
VOLT's business model links customers and messengers, and provides customized algorithms that power Big Data and a sophisticated matching system that uses intelligent contracts to provide a simple service. Users of this service require a VOLT currency.
At the time of delivery of the food, the goods, the shipping distance, the time required, considering the weight of the same will be determined according to the amount of difficulty of work. We call this work unit "Jula". If for example, a customer needs 600 Jula to transport the goods to a point A 2 km away and you need 600 Jula, and 1200 Jula to move the same load to a point B 6 km away. VOLT is working on an optimal algorithm to estimate the amount of this work, and will introduce the lowest bidding system (auction) for some special deliveries.
Token Flow
Customers who need the service will be able to purchase the coins on the stock exchange. For a shipment that has a value of 100 coins, the customer buys 100 coins. The customer will pay VOLT 100 coins in which VOLT will respond to the courier's request. Once the service is finished, VOLT transfers 95 coins to the courier. About 5% (the rate can be adjusted to optimize profit) of the currency is applied as a commission to the company's profit. The company sells the earned currency to the stock exchange to produce income.
The dividends are intended for the maintenance of the company or for the provision of profits to the shareholders of VOLT, but not to the purses. If this process is carried out over a cycle, the demand for coins will outstrip the supply on the stock exchange, which will be reflected in higher coin prices. A combination of algorithms and the current price of the coins, VOLT adjusts the coin rate/Jula. In the long run, the coin/Jula rate will increase, and you will be able to own a higher Jula with the 1 VOLT coin. And consequently increases Jula's value.
About the token
Token: TDCA
Price: 50000 ACDC = 1ER
Platform: Ethereum (ERC20)
-C ountry: Singapore
Roadmap
04 APRIL ICO Home
- ICO Pre and Public Sales
05 MAY Preparation of skipjack tuna
- ICO Complete & Proceed Listing Meeting
JUNE 06 Backend Lock Start
- VOLT Blockchain Backend Home
07 JULY Meeting in Seoul
- Meeting in Seoul / Contract with the public relations company
AUGUST 08 Full Android Version
- Completed the development of the Android version of VOLT
09 SEPTEMBER iOS Version Complete
- VOLT iOS Full Version
10 OCTOBER Associated services Contracts
- Service Association Contracts / Public Relations Promotion
11 NOVEMBER Start of service based on the block chain
- VOLT Token can be used in several delivery services
DECEMBER 12 Meeting with the International Conference
- Meeting with the International Conference
01 JANUARY Web version service
- VOLT Web version service
02 FEBRUARY App Upgrade
- VOLT App Update
03 MARCH Deep learning Apply
- VOLT Deep Learning Apply
04 APRIL Extension of the in-depth learning version
- VOLT Deep Learning Version Update
VOLT team
Philip Lee (CEO)
Sangchun Shim (CSO)
Migyeong Gwak (AI Team)
Josh Lee (AI Team)
Gyeongrae Cho (Sales and Marketing Team Leader)
Haewon May Byun (Blockchain development team)
Sungjin Lee (Legal Team)
Links of interest
Website: https://volttech.io/
Whitepaper: https://volttech.io/public/Final%20VOLT%20White%20paper%200410.pdf
Whitepaper: https://volttech.io/pdf_view?pdf=whitepaper
Facebook: https://www.facebook.com/VoltTechnology1
Twitter: https://twitter.com/Volt_Technology
Instagram: https://www.instagram.com/Volt_technology
Telegram: http://t.me/voltico
Youtube: https://www.youtube.com/channel/UCR1z3WNo2OR0y--SNEy1G3g
AUTHOR
Bitcointalk user: Cjota
Profile: https://bitcointalk.org/index.php?action=profile;u=1640898
Myetherwallet: 0x90b07af0aAA4A705bCC441c2B1D0B581F42bcDB4
by Cjota