Vinchain - Decentralized Vehicle Market

in #market6 years ago

 

VinChain is the world's first decentralized international car data market. This project solves the problem of asymmetric information in the field of used vehicles by creating a transparent, safe and reliable history of its life cycle.

VinChain is a unique database on the block, storing all the information on the car, which accumulates during its operation. To protect the unchanged information, the technology of distributed storage is used, which guarantees absolute reliability and data security. 

 Project Objectives

  1. Create a block with different levels of access and information protection. Data security level should correspond to the needs of government agencies.
  2. Unite the participants in the automotive industry, such as manufacturers, insurance companies, dealers, service stations, developers of navigation systems, into a single ecosystem for data exchange purposes.
  3. Create an infrastructure and provide direct access to the database for each market participant.

How It WorksWhen requested, the information corresponding to the requested VIN number will be searched and selected in the blockchain. Each record will have information about data provider, date, VIN and the use of the car.

What makes VinChain helpful and profitable?

  • there are no intermediaries, just you and the data provider;
  • the project builds loyal relations between dealers and buyers;
  • transactions are secured with Blockchain technology;
  • the information is always transparent, up-to-date with no possibility of losing any data or being influenced by sellers (resistance to network attacks);
  • the rewarding system is fair and clear (you, as a provider, will receive tokens for every single request that is made by anyone on that info depending on the value of the information you give to VinChain)

 

Details of ICO

  • The symbol is VIN;
  • The name is VIN token;
  • The standard is ERC-20;
  • Platform - Ethereum;
  • Total number of tokens: 1 billion;
  • Available for purchase: 600 million;
  • The maximum target is $ 34.5 million;
  • The minimum target is $ 5 million;
  • Minimal purchase - not specified;
  • Purchase method: ETH, BTC, XRP, LTC, WAVES, USD, EUROPreICO
  • Available for purchase: 12 million;
  • Begins on December 1, 2017 and ends on December 24, 2017 

For more information: 

WEBSITE: https://vinchain.io/en 

WHITEPAPER: https://vinchain.io/files/white_paper.pdf 

ANN THREAD: https://bitcointalk.org/index.php?topic=2349186.0.L 

Facebook: https://facebook.com/vinchainio/ 

Twitter: https://mobile.twitter.com/VinChain_io 

Telegram: https://t.me/vinchainio 

My profile: https://bitcointalk.org/index.php?action=profile;u=1638981  

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