AlphaCar - Link the Auto World for a Better Future

in #ico6 years ago (edited)

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The automobile industry is rapidly developing, today there are more and more innovative technologies that can upgrade this segment. AlphaCar is a decentralized project that opens up new opportunities to its customers. Now the purchase of vehicles will become more simple and safe. The application of Blockchain Technologies allows users to provide only reliable information on each car. Intelligent contracts reliably store all initial information, making it impossible to scam.

The decentralized AlphaCar platform is designed to make the automotive industry simpler and more affordable. Any transactions inside the system will be executed extremely quickly and safely. Users do not have to face problems - no fraudulent schemes, intermediaries who can cheat or invite too much commission. Each deal will be as transparent as possible - customers will be able to get complete information on the necessary vehicle. Vendors who also want to use the features of AlphaCar will be able to expand their customer base and earn a profit by selling vehicles directly, avoiding unprofitable cooperation with various intermediary organizations.

Key Features of AlphaCar

The AlphaCar platform is based on the latest versions of modern technologies such as block, AI and IoV and prevents the forging of documents on the machine, the elimination of the conclusion about the valuation of the car and related transactions. Information in the database is stored based on information about the machine. Thus, when you enter the identification parameters (usually VIN code) you can find out how many owners were at the car, what repairs the car went through, where it was insured and whether it was in accidents.

AlphaCar optimizes the quality of service machines and increases the level of effective work with them. The project began its development in the second quarter of 2017 and currently the alpha version of the project is under development. By the end of the year, active car sales through AlphaCar will become active. By the middle of 2021 the project will work in full force with a full range of sounded services.

AlphaCar is a decentralized platform for the development of the global automotive industry. This is a community of car owners and car service providers that together create a safe and transparent economy. AlphaCar will solve the problem of the illegal market, which exists in the automotive industry due to information asymmetry, which leads to the fact that falsely informing car owners displace the honest.AlphaCar's technological innovations include the development of an open data platform on a block-based basis for data storage, querying, batch processing and voting. Algorithm of ranking service providers in all areas of work in the automotive sphere is open, and transaction data are transparent. Each stage of the transaction is determined by the algorithm and can not be controlled centrally by the creators.

Blockchain and Automatic Industries

The car industry is the largest lemon market in the world, and blockchain is the best technology to solve problems. Based on the inherent nature of blockchain technology, AlphaCar will make all transaction records in the car industry indestructible or deleted.

Network Effects

The network effect refers to the "Metcalf law" proposed by Internet pioneer Robert Metcalfe. The law states that the value of the network is proportional to the square of the number of network members. AlphaCar values ​​will increase exponentially in proportion to the number of community members.

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Advantages of AlphaCar

Based on the technology of blocking, each user will receive full and truthful information about the car of interest. All documents about the vehicle released are stored in the system until the vehicle is disposed of or is out of order without the possibility of recovery. In this case, the car will receive a mark of non-compliance with the safety parameters.

The implemented IOV technology allows you to connect to the platform using different hardware, starting with a desktop computer and ending with a smartphone. Processing of all incoming data occurs in real time due to the work of artificial intelligence. This will allow the AlphaCar user to always receive up-to-date information about the machine. In the event that the end of the technical inspection or the insurance expires, the user will be notified automatically from the system with the most favorable offers for renewal.

At the AlphaCar project, designers around the world are working on the appearance of new cars and share their experiences with each other. This scheme is the work of leading engineers who offer their latest innovative developments for the technical improvement of new auto models.

With the help of AlphaCar, it will be safe not only to purchase a new car, but also to exchange cars between two users. All transactions are made using smart contracts, which positively affects their speed and protection from data theft.

AlphaCar Project Crypto currency

ACAR tokens are based on Ethereum in accordance with the ERC-20 standard. They can be used to pay for various services within the project. The total number of issued ACARs is 10 billion. The repeated release of crypto currency is not provided. Each user can be rewarded by ACAR for their contribution to the community. For example, you can get ACAR for buying car insurance and publishing a review about the work of the service provider. Now the project is pre-sales of crypto-currencies until August 6 inclusive and you can purchase CAR tokens at a 30% discount. From August 8 to September 9 will be the main crowdsdale. The fixed price is 60 000 CAR for 1 ETH. All tokens holders are not just users of the project, but also investors at the same time, based on the number of tokens available.

Overview of AlphaCar

Thus, AlphaCar seeks to develop the global automotive industry. All transactions on the platform are recorded on a secure circuit. Service providers and consumers will together create a transparent economy of crypto currency. Each member of the community can be rewarded with an ACAR token. All AlphaCar users will be able to enjoy a wide range of reliable services, such as joint car designing, private car operation, insurance registration, car repair and maintenance, machine trade and investment in the automotive business. The automotive industry, estimated at $ 10 trillion, will go the way of transforming from illegal work into a transparent and reliable market.

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Conclusions

The incredibly interesting decentralized AlphaCar platform is genuine innovation, which aims to unite the market of vehicles and technologies blockade. Such a symbiosis will guarantee maximum secure, high-quality, secure transactions. The lack of intermediaries makes it possible to save significantly - which is also an important aspect. Smart contracts open enormous opportunities to AlphaCar users - they can immediately discuss the terms of the deal, in the future they will remain unchanged.

The automotive market has long been in need of modernization - the introduction of a decentralized AlphaCar platform is a really important step. Developers have already been able to attract the first wave of investors to realize the initial potential of their decentralized AlphaCar platform. Selling tokens will allow you to get additional funds, they are necessary for the full realization of the project.

For more information about the project and the opportunities to participate, go to the links below:

Website: https://www.alphacar.io/
Whitepaper: https://cdn.alphacar.io/files/terms/AlphaCar_WhitePaper_EN.pdf
Telegram: https://t.me/AlphaAutoAssociation
Facebook: https://www.facebook.com/alphacar.io/
Twitter: https://twitter.com/AlphaCar_
Reddit: https://www.reddit.com/user/AlphaCar_
Medium: https://medium.com/@AlphaCar
ANN: https://bitcointalk.org/index.php?topic=4390635

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