VinChain - Changing the Used Car Buying Industry For The Better

in #ico7 years ago (edited)


Used car market today is very popular with thousands of transactions per day. Various factors affect the high demand of used cars in the market, of course at a fairly high cost so that not everyone can buy a new car from the dealer, regardless of whether or not someone in buying a new car there are also other factors that affect the high demand for used cars such as factors population, economy, needs and so forth.

With the high demand, in fact many risks and problems will be confronted to the buyer. Of course this relates to the quality of the car, the history of cars and accidents, the completeness of the letters, the parts that may have been altered and forged, the purchase with the down payment agreement that the seller abandoned the deal and various other problems.

Problems will become more serious with some problems such as the sale of stolen cars, or used car accidents berualng times. Well all this information could have been hidden by the seller / used car sales company, in fact the traditional market mechanism that happened was "market with asymmetric information" that the seller knew significantly more merchandise information, so fraud by many irresponsible sellers who could not avoided.

Nevertheless, there are still many honest sellers and sell used cars with good quality but the price offered by the buyer is very low because the buyer does not know the car information is clear and the buyer does not believe in the seller.

watch this video :

So how to avoid buying and selling process that no clarity like this? VinChain is the answer to all these problems. VinChain is a decentralized platform that provides vehicle information around the world according to VinChain's main objectives.

VinChain provides the most complete and clear overall information about the vehicle from the condition, to the history of car usage. The information will be on a database stored on the VinChain platform, where the information is open, safe, non-falsified, modified and deleted. Blockchain technology will ensure maximum transparency and security and build trust in the system.

The information contained on the VinChain platform will be collected directly from clear sources such as government departments, insurance companies, leasing companies and private users, and Data entry will also be provided directly from the vehicle so as to ensure that up-to-date and accurate information is included in the database.

The main benefits of VinChain :

  1. Stay In Touch With Your Car. The VinChain app will allow you to get the best offers for car maintenance, help you find your car on a huge parking lot, and you can even remotely control your vehicle! You will also receive discounts on services such as maintenance, refueling, and washing
  2. Drive With Confidence. The VinChain app can collect statistics pertaining to your driving style and suggest ways to drive more economically to save gas and wear-and-tear of the vehicle. This information can also be shared with your insurance company to reduce your premium by up to 30%!
  3. Telematics Hardware. Choose from a wide range of VinChain devices which can be installed in seconds and deliver real-time data to the Vinchain system. Keeping all of this collected information on the blockchain will confirm its reliability and will increase the value of the vehicle at the time of sale!
  4. Diagnostic Data. With the aid of our device you will be aware of any vehicle health and performance errors, so every time you enter your car you can rest assured that your vehicle is safe to drive.
  5. Behavioral Data. Vinchain will collect vehicle usage and behavioural data, helping you to understand your driving style and how you can save money by driving more economically. This data will be used to offer services and discounts on the things that are relevant and of interest to the driver
  6. Open API. VinChain will develop and facilitate the integration of vehicle data into new and existing applications with the help of our open APIs and mobile SDKs

DETAILS OF ICO


Symbols: VIN;
name : token VIN;
By default : ERC-20;
Platform : Ethereum;
Total number of tokens : 1 billion;
Available for purchase : 600 million;
The maximum target is $ 34.5 million;
Minimum target is $ 5 million;
Minimum purchase - not specified;
Purchase method : ETH, BTC, XRP, LTC, WAVES, USD, EURO
PreICO
Available for purchase: 12 million;
It starts on December 1, 2017 and ends on December 24, 2017
ICO
Starts on March 22, 2018 and finishes on April 15, 2018

ROAD MAP

  • February 2017: Development of concepts
    The founder studied the capacity of blockchain technology to collect and store information; the first concept prototype was developed.
  • October 2017: White paper and project concept approval.
    A technical report was published and comments from the community were collected. Development of workflow concept and flowchart based on collected data.
  • November 23, 2017: Beginning of pre-sale chips.
  • December 1 - December 24, 2017: Pre-ICO
    VINchain Pre-ICO VINchain will run from December 1 to 24 December 2017.
  • January 2018 - April 2018:
    Creation of MVP Development from the first working model (MVP), following the concepts and technical specifications outlined.
  • January 2018: Alpha version of VINchain report
    We will work on an alpha version of the VINchain vehicle report so you can see what the report looks like before starting our ICO.
    We will enter into partnership agreements with distributors, insurance companies, banks and producers.
  • February 2018: Alpha Version of the VINchain app
    We will work on developing an alpha version of the VINchain mobile app for car owners. This will give the car owner a chance to win the VINchain chip and open up new opportunities to interact with their vehicle remotely.
  • From 1 February to 15 April 2018: ICO VINCHINES
    The beginning of the ICO VINCHAIN ​​chain. In 6 to 16 weeks, VIN cards will be listed on the stock market.
  • March 2018: MVP test, development of VINchain closing chain.
    Launch product tests.
  • 16 - 23 April 2018: map distribution.
    After the ICO is complete, a procedure sheet will be provided to the buyers of these sheets.
  • May 2018: Alpha Version of the VINchaine channel
  • June 2018: Beta Version of VINchain, VINchain API, VINchain app and VINchain report.
    You can first test our system firsthand.
    Despite the amount of money raised, we will focus on the distribution of systems and their implementation in the United States. If our ICO is successful, we will work simultaneously in the European market and CIS.
  • 4th Quarter 2018: European Diffusion
    In the case of successful ICO, we will work simultaneously on diffusion in the European and CIS markets. In case of ICO failure, we will continue to disseminate our projects throughout Europe, but only after generating initial revenue.
  • January 2019: VINchain, data analysis for companies.
    We will analyze all the large data collected for commercial purposes.
  • January 2019: Continue development in all directions
    We will work on developing all our projects and providing system updates.

TEAM

Alex Miles - CEO
Andrei Krainik - Founder, Director of Innovation
Aleksey Listopad - CMO
Jurgis S Plikaitis - Strategic Partnership
Antonina Binetskaya - CTO
Pavel Yeschenko - Developer blockchain
Michael Zhalevich - Developer of Block Chain
Alexandr Onyskiv - Blockchain Software & Technician Engineer
Konstantine Perzhukou - Software Development Advisor
Vladislav Vasilchyk - Systems Analyst
Eugene Koval - Software Development Advisor
Ivan Usovich - Developer System Developer Back Developer
Sеrgеi Pаkhоmоv Pаkhоmоv - Developer full stack
Stacy Denver - Sales Manager, Bitcoin Advocate
Sergei Shostyr - UI / UX Specialist, User Interface Designer / UX, User Interface Designer.
Anastasiya Kazakova - Customer Support

For more information, please visit:
Website: https://vinchain.io/en
Whitepaper: https://vinchain.io/files/VinChain_io_White%20Paper.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2349186.0.all
Facebook: https://facebook.com/vinchainio/
Twitter: https://mobile.twitter.com/VinChain_io
Telegram: https://t.me/vinchainio

My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1363529

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Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
BTCBitcoin7102.210$5.33%-14.02%
ETHEthereum393.511$3.81%-21.27%
LTCLitecoin119.946$6.22%-21.84%
WAVESWaves3.675$5.57%-18.69%
XRPRipple0.505$3.98%-17.21%

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