DAV NETWORK CREATING A ROBUST BLOCKCHAIN-BASED TRANSPORT ECOSYSTEM

The outstanding proposition of blockchain technology is the ability to enable peer-to-peer transaction between individuals in a trustless manner. Indeed, this cannot be understated in terms of importance considering the main roles of institutions we have created is to ensure the trust between the related parties. The transportation industry comprises one of the most active industrial ecosystem today. In terms of revenue alone, the networks of the transportation industry creates tens of trillion dollars in global economy. Transportation is very crucial because it signals the level of technological progress. It is an arms race between corporations and countries to have the most advanced ability to move around the world and the universe as a whole. The next few years of transportation technology are very pivotal with the emergence of drone technology, EVTOLs and AI controlled vehicles(autonomous vehicles). Indeed, the transportation industry is due for a reshuffle.

DAV Network
DAV Network is a blockchain project targeting the current and the transportation ecosystem of the future. With a team built from some of the leading global brands the current relationship of the ecosystem participants such as drivers, passengers, insurance companies, service providers such as car washes, gas stations, used car dealers, rent-a-car companies and many more will never be the same again.
Indeed the current vehicular economy is disjointed and benefits a few who are able to take advantage of the loopholes in the system. And most of the times these are the large corporations. Take an example of the purchase of a vehicle from Japan to a third world country in Africa. The statistics go unnoticed but currently, Africa is the dumping ground of used vehicles. Inconsistent records and administrative loopholes allow middlemen to dump old, unroadworthy vehicles which are not fitting in their individual countries to the third world. The difference in quality between the vehicles targeted at the European market and the African counterparts is another example. The disparity in the number of traffic accidents in African countries and those in the west is so glaring. While this cannot be singly attributed to vehicle quality, this definitely plays a huge role.
And the list goes on and on.

What does this mean to a vehicle owner? DAV Network’s collaborative economy
The future of the transport industry is going to look indeed different. Currently, traffic jams have posed a serious problem for a long while now requiring a rethink of what the transport industry could be. Not to mention that the transport industry contributes heavily to the air pollution around the world. As the rate of population increases, and more people flock to cities, the situation can only get worse.

DAV Network seeks to create a sharing economy for users by employing blockchain technology. Examples include it might no longer be necessary to own your own vehicle. By having access to autonomous or manned ride sharing with a clear transaction relation, it is possible for car owners and car users to interact in a trustless manner. Transportation of goods can also be made possible using autonomous carrier services easily accessible on the DAV Network. Not to mention, the emergent drone technology which can be easily implemented in intracity flights in a trustless manner for errand deliveries and many other possibilities.

These and many other propositions can be made possible by the DAV Network. You can join the future of transportation by visiting the official website of DAV Network today!

Website: https://dav.network/
Whitepaper: https://dav.network/whitepaper.pdf
Announcement thread: https://bitcointalk.org/index.php?topic=2614017.0

Telegram group: http://t.me/DAVNetwork