Hoping to bring great change to the economic ecosystem, BlocVehicle enables users to store and share data for their vehicles in a blockchain-based public ledger, which different people can use. And the contributors/users to this BlocVehicle network will receive VCL tokens, a medium of reward to pay services provided within the BlocVehicle’s ecosystem.
Published white paper
Started pre-sale of tokens to early investors
Complete BlocVehicle's logical system diagram
Form promotional & regional partnership for Asian market
Complete 1st vehicle system
Form promotional & regional partnerships for U.S. & European markets
Complete 2nd vehicle system(Launch vehicle link service for used car providers
Complete 3rd vehicle system (Launch vehicle link service for car-sharing service providers
For 40~50 years, people mostly used Data Base Management System. A system that saves the user’s data, that favors the Admin. For example, when you save your car information in the DB of an insurance company, multiple people and companies can change your car’s information. If the insurance company uses Sybase to save and manage your information, both insurance company and Sybase have the authority to change “your” car’s information. Adding on, since the information is only saved in a single location; hackers can hack and change your car’s information. In conclusion, people have been using menacing and high-risk DBMS for 40~50 years. Unlike these companies, companies using Blocvehicle will use Ethereum as their DBMS instead of admin-favoring DBMS. We think this differentiation can create an equitable and fair system, which can lead to a P2P trade of cars between the Blocvehicle users. If the P2P trade of cars vitalizes, we believe that Blocvehicle cannot fail. Airbnb, a famous house renting service, is based on P2P trade. Therefore with safety and equitability provided, we believe that Blocvehicle will succeed based on the success of Airbnb.
We do not have any technical difficulties because of our solid and knowledgeable team. Thus, we only have two major problems. The first major problem is disapprovals of countries. For example, Airbnb is a service sharing and lending houses without any intruders in between the trade. As can be seen, Airbnb has a similar platform and idea with Blocvehicle. However, there are some countries/regions where Airbnb is illegal. Thus, we think that those countries/regions - Barcelona, NYC, Paris, and more – have the potential to illegalize Blocvehicle. Addition to the first problem, we also think that these countries/regions can cause a negative effect on our advertisements. Since major cities or countries can ban Blocvehicle, we think that it can negatively affect our sales and advertisements. Although there are such problems, we will overcome the difficulties and problems.