A lot of major tech giants including Google, Facebook, Uber, Tesla, and other car companies are not just experimenting with autonomous vehicles anymore. They're in the early stages of making them, working out occasional (but extremely rare) issues, and working on legal and regulatory issues - something that may prove to be even more time consuming than building the technology itself. Most have concluded that autonomous vehicles ARE the future, and are not just working on developing the technology 'in case'.
Creating, marketing, and dealing with all the safety, legal, and regulatory issues is only half the battle. When drones and autonomous vehicles start to become more widespread in use, you no longer need to hire a taxi driver to transport you somewhere, or a delivery driver to deliver a parcel to you. Also, since autonomous vehicles are now more plentiful, fewer and fewer vehicles will be on the road, since a vehicle will easily be able to show up at your doorstep whenever you need one. The market will transition from buying vehicles and hiring drivers, to now hiring a car itself. Which begs the question, how do you hire a car?
Decentralized Autonomous Vehicles (DAV)
That's where DAV (Decentralized Autonomous Vehicles) comes in. DAV creates a platform which connects vehicles & users. It enables users to get on-demand delivery of vehicles, allows them to quotes from various service providers from anything from personal transportation to parcel shipping & delivery and 'order' it accordingly. And by service providers I don't just mean cars. Drones, ships, charging stations, valued-added service providers are all part of this network too. Vehicle owners (e.g. autonomous drone operators) can make their vehicles available for use on the network, and in return will receive payment for their services performed on the network. Check out more in their video below
DAV Token
DAV token is needed in order to enforce the smart contract between participants in order to ensure everyone gets paid correctly and value is transferred between parties such as owners, users, and insurers at the right time at the agreed upon rates. Having the network secured by blockchain, in addition to being much more secure than a private network, enables trustless & fraud-free interactions between parties in the public eye with transparent dispute resolution processes.
DAV Team
DAV has some really big heavyweight players already backing them already, in addition to some pretty noteworthy advisors. Anyone can come up with a good idea, but it doesn't mean they'll be able to execute it, something even less likely to happen without the right set of skills and experience
Noam Copel - Founder - Prior to founding DAV, Noam is best known for founding Gold Lock which created the first software-based encryption system for mobile phones and partnered with the Israeli Ministry of Defence.
Tal Ater - Co-founder & CTO - Tal has worked on both R & D and as the VP of Product Management ad Somoto Inc.
Alan Messer - former CTO OF General Motors
Scott Horowitz - A former NASA astronaut, Space Shuttle pilot/commander, and NASA Associate Administrator for the Exploration Mission Directorate
Jay Adelson - founder of Equinix
Greg Colvin - lead Ethereum Virtual Machine Developer
Priyanka Khaitan - Head of Emerging Technologies @ SAP
Nick Johnson - Creator & Chief Developer of Ethereum Name Service
Jerome Ferguson - Director of Autonomous Systems at UPS
Eyal Hertzog - Co-Founder of Bancor
It's quite clear they already have some very big names backing them. The DAV Token Sale will begin on Monday, April 30, 2018, at 14:00 GMT and will run until May 13, 2018.
Conclusion
Overall, I'm personally fairly optimistic about how well the DAV will fare as the autonomous vehicle industry develops. It's possible they may fail, but I definitely see it as being possible that they may one day rival the likes of Uber, and perhaps become even bigger than Uber should Uber fail to adopt a new market strategy and autonomous vehicles become more widespread.
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