DAV - Decentralized Autonomous Vehicles
I’m going to talk about the internet and how that initially started and then go how DAV is implementing similar ways of how the internet evolve but basically when the Internet's started it was a few companies that tried to conquer the Internet and they had their own platforms, they didn't let anyone else see what they were working on and its just very private development. As the internet expanded and has more players and as more developers, companies emerged as they saw the same landscape as these companies like AOL and they saw different ways to implement to take their technology into the Internet. Then you see companies like Google, Yahoo and Facebook all these companies emerge from that same internet model that existed before. Similarly, how the internet evolution occurred that same evolution is occurring in the field of autonomous transportation. And autonomous transportation is just another word for self-driving vehicles. Currently you have companies like Google, Lyft, Uber, Nvidia, Tesla and Baidu who are competing with each other to bring these technologies to the consumer. And they're actually doing a very good job but it could be done very faster if these projects were put and made open source meaning that more people more developers can come on project help, develop and bring this to the consumer.
Right now, if one company fails they're done for but if it's open source as they stated, there's no single point of failure so even if one or two or three companies fail it'll be alright but if it was open source everybody can work on it together. DAV is bringing this whole thing to open source, they are going to integrate the whole ecosystem. A report published by London based, estimates that driverless cars will become more common and people continue to increase trend of moving from car ownership into opting for on-demand autonomous electric vehicle services. So, this could save a family more than 5.6 K per year equivalent to a wage rage of 10% for the medium American household and that would result in one trillion dollars per saving per year. Few ways that would be saving this money if you just think about it one way is the cost associated with a self-driving car rather than having to buy your own car. Many times, people get the car with interest payments because they don't have the initial down payment. When we think about how much cheaper would be to just have a field of autonomous cars in in the whole entire streets that you could cater to and you could call up to your house on demand. The amount of money it would save you in the long run rather than just buying a car and having to do maintenance on the car and all that sort of stuff.
Another thing is that with the self-driving cars, they're running with algorithms and the computer is basically running them. So, basically, they know exactly when to break, exactly when to push the accelerator, which turns to take, which routes to take and this is going to be saving much more money on in terms of fuel consumption and that's just a few examples. I'm sure there are many more but these are just some main things that I have thought of. You might think that this technology is 5, 10, 20 years in the future but no it’s pretty much here and it'll probably be implemented on a large scale within 5 to 10 years or even sooner. You have companies like Waymo which is a Google partner that’s already tested 3.5 million miles and you have Tesla. Nvidia, Baidu. Bauidu is the Chinese Google and they've tested a lot so there's a lot of companies that are coming into the space. It's not something that’s going to be may go a long time to roll out when stuff moves it'll move fast. The main thing you guys want to think about is this technology is going to be coming much sooner than we think but the government has to allow this technology to be adopted. It's not a matter of if they're going to do it it's a matter when they're going to do.
Currently if you look at drones also this self-driving or this autonomous vehicle technology is also applicable to drones and drones before 2017 and I think early 2016 were not regulated by the FAA. Anyone could just have a drone and fly at around wherever they want to and that was a security concern for the government. They made sure to address that and basically what they came about is you have to apply for a for a license to have your drones and in early 2017 basically they had four hundred and sixty-one thousand recreational drones registered and about 8400 commercial drones. A lot of countries already getting into the game Switzerland, Iceland, Tanzania, they’re already allowing autonomous drone delivery options. From 2018 Japan will permit this as well. Another thing I want to think about is the amount of money it would save companies like Amazon, mail delivery services to deliver packages and how quickly they would be able to deliver packages with these drones. Amazon currently is already developing their own technology with these drone deliveries and basically, they would be saving a lot of money and they would be eliminating the human aspect of things and eliminating human error.
So, the purpose of the DAV cryptocurrency is to incentivize a community built autonomous vehicle infrastructure and build autonomous vehicle platform that's commercially viable and essential for cooperation. You can make money and make DAV tokens by providing autonomous vehicles on demand for people who want to go from one place to another or deliver a certain package. The infrastructure providers you earn tokens by providing docking, charging and battery replacement equipment. That kind of makes sense for Tesla if they just have is docking and charging stations or superchargers, they could just provide the Tesla’s self-driving cars with these docking and earn DAV tokens doing all that stuff but Service providers would be people who are maintaining the vehicles and if let's say you have a lost or damaged vehicle, if you have a repair shop and you repair those the car then you get some DAV tokens for it as a way of payment. You have the manufacturers who are assembling and selling the open-source DAV prefabricated parts which would be like the software basically for the autonomous vehicles. It looks like they want to integrate everyone from the bottom of the chain to the top.
Website: https://dav.network
Twitter: https://twitter.com/DavNetwork
Facebook: https://www.facebook.com/DAVNetworkTeam
Telegram: http://t.me/DAVNetwork
Whitepaper: https://dav.network/whitepaper.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2614017.0
Authored by: donniedarko
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