WHAT YOU NEED TO KNOW ABOUT DRIVEHOLIC (A PERSONAL REVIEW)

aaemma (35)in #ico • 6 years ago (edited)

Any platform can effectively be revolutionized, all that is required is the proper understanding of blockchain technology whose applications can be seen in many platform or systems be it IT, Medical, etc. With blockchain technology, power is given to users, transactions can be initiated from anywhere in the world at a low rate, data breaches or data manipulation of all sorts is eliminated. The ascent in late blockchain tasks, platforms or systems has demonstrated that the opportunities related to blockchain technology are boundless.
Furthermore, in that capacity, a group of professionals intends to utilize the knowledge of blockchain technology consequently building a peer-to-peer decentralized marketplace for vehicles, the result thereof is DRIVEHOLIC.
Driveholic is a blockchain-based social marketplace for vehicles where people will have the capacity to execute on a peer-to-peer premise.

IMPORTANCE OF BLOCKCHAIN TECHNOLOGY TO DRIVEHOLIC

Blockchain technology can be seen as a virtual public ledger which records all transactions or task in a secure and transparent way. The blockchain is different from centralized systems owing to the fact all transactions are carried out with cryptocurrency at a low rate through a decentralized network.
One of the highlights of blockchain technology is decentralization, with this, each blockchain-based platform will be transparent, dependable and solid. Another is the utilization of smart contracts which is used to carry out transactions effectively. Hence, with Driveholic utilizing blockchain technology, it will guarantee that trust is set up between parties as all transactions will be open and transparent to all parties (decentralization made possible by blockchain). Besides, Driveholic will empower Individuals to execute easily with cryptocurrency without the dread or difficulties of geolocation confinements or transaction charges plaguing fiat transactions.

IT CAN ONLY BE DRIVEHOLIC

Driveholic is one of a kind project which aims to;

Make purchasing, selling and auction of cars to occur on a peer-to-peer premise. In this manner, Individuals can complete any action they need, be it purchasing, selling etc of new and used cars from either private vendors or merchants from anyplace on the planet with no limitations at all. Owing to the fact all transactions are carried out with cryptocurrency, all transactions will be secured at the same time occurring at a low rate.
Make a decentralized global social marketplace for vehicles a reality. This is made possible through the use of blockchain technology, which will make the Driveholic vehicle marketplace a decentralized one thus being open to all Individuals independent of their area.
Remove Intermediary; made possible with the aid of smart contracts. Through this, Individuals will be able to transact directly with each other and at a low rate by using DRVH token.
Bring in social interactions where trust will be added through the integration of traditional social media networks.

CONCLUSION

DRVH is the token of the platform, which is used for transacting within the platform.
Driveholic is a unique platform aiming to revolutionize the vehicle marketplace with the aid of blockchain technology. Also by using smart contracts, the intermediary will be removed thus Individuals transacting on a peer-to-peer basis.