MVL: All Transportation Services At Your Fingertips

crypto.invest (53)in #cryptocurrency • 6 years ago

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Combining all basic transportation services (taxi, used-car trading, personal chauffeurs, car repair) Mass Vehicle Ledger project offers a reliable alternative to numerous applications and websites being easy in use. The blockchain-based ecosystem allows users to get a decent service without overpaying and ensures safe storage of vehicle data in a decentralized system. While the ride-booking application has already been functioning since 2015, now MVL is going to expand the infrastructure and introduce blockchain technology soon.

Main Problems of Vehicle-Related Industries

During the last century, the vehicle industry witnessed an exponential growth, and thanks to advanced technologies, it will continue evolving. Recent innovations include drones, self-driving cars, and eco-friendly electric vehicles. But despite technical development, many old problems stay relevant:

Poor quality of service: modern applications and taxi services offer pretty low-cost tariffs for self-employed drivers, which forces them to serve as many passengers as their can to earn more. Due to that, the quality of driving and service leave a lot to be desired.
Unreliable mechanic shops. Without knowing real user reviews, you can’t be sure that some certain auto service center will repair your car properly. What this industry lacks is a rating system that would allow customers evaluate the quality of service and leave recommendations.
Lack of transparency on used cars: pretty often, a used car turns out to be completely different from what was described in an advertisement. Some defects are revealed after the purchase when the disappointed buyer has nothing to do with a car but to repair it. Blockchain and principles underlying MVL are designed to add transparency.
Road accidents. Reckless driving leads to serious outcomes, and what’s worse – it doesn’t depend on you if you use a taxi or chauffeur’s services.

All that goes without mentioning a high customer price that’s increased by fees and commissions given by online transportation platforms.

Blockchain as the Key To a Substantial Level Of Service

What would motivate drivers and user-car sellers is an unbiased review system where feedbacks cannot be faked or deleted, as well as a fair payment system without middlemen taking a pretty high commission. All of that becomes possible with blockchain!

In its essence, blockchain is a ledger of transactions and data blocks stored in a decentralized system, which means the data cannot be erased or forged, and transactions are irreversible – once the block appeared in the chain, it stays there forever. That means that we have an opportunity to store reliable and trustworthy vehicle-related data (including reviews and reputation of service providers) to improve user experience.

That also means that financial operations can be performed without third parties: tokens and cryptocurrencies are passed directly and instantly from one user to another without participation of banks or governmental organizations.

MVL Platform as a Versatile Solution

MVL (Mass Vehicle Ledger) is a project that combines most vehicle-related industries and individual users to ensure a great level of service and eliminate the need for third parties. The application is designed for:

private drivers;
gas stations, car wash stations, etc.;
mechanic shops;
insurance companies;
user car dealers;
private and corporate owners;
vehicle rental companies.

The users can get MVL points (MVP) for providing information and contributing to better driver experience, as well as platform development. MVL provides a personal MVP wallet for coin exchange. The transfer of tokens is regulated by blockchain’s agreement protocol, which ensures transparency of operations.

As a user, you can order a car to rent or purchase, find the closest reliable mechanic shop, obtain a certificate, purchase insurance, or offer your services. The navigation is performed via user-friendly minimalistic interface: MVL platform comes as a mobile application but is also available in browser-based version.

About MVL team

MVL project was founded in 2014 by a team from South Korea: it started as an application for ride booking, and gradually expanded to other countries while adding to its functionality. At the moment, tens of Asian experts in the spheres of computers engineering, marketing, blockchain, commerce, etc. are working on MVL.

Mass Vehicle Ledger offers a sensible solution for the current problems of vehicle industry. It combines all necessary features in one platform and motivates drivers, mechanics shops, and vendors to provide excellent quality of service and honest information. If the team manages to reach the hard cap of $24,800,000 during ICO, they will be able to develop a revolutionary application that will change vehicle industry for the better.