According to the 2016 State of Third-Party Logistics Study by
Capgemini, the chart shown here presents some of the top logistics
challenges facing shippers today. Not surprisingly, a majority of the study’s
respondents indicated “cutting transportation cost” as a top challenge. Beyond
that, many respondents identified less obvious pain-points, but important
considerations nonetheless. As the study indicates, shippers are demanding
greater innovation and technology advances while simultaneously remaining cost-conscious.
The issue is caught and clarified by Nobel prize winning
financial expert George Akerlof in his distributed logical work "The
Market for 'Lemons': Quality Uncertainty and the Market Mechanism" in
1970. He portrayed the mechanics of business sectors where one gathering (the
merchants) know essentially more about the item than the other party (the
purchasers). This is otherwise called "markets with Hilter Kilter
data".
The utilized auto advertises is a case. When offering an
auto, the dealer commonly discovers fundamentally more about the vehicle than
the purchaser. This is an issue for the purchasers as that opens them up for
conceivable misrepresentation. To fence against the danger of purchasing a
'terrible' auto the purchaser diminishes the value he/she will pay for the
vehicle. This can lead the whole utilized vehicle market to vanish.
Let me analyze how this works in times of selling a vehicle
in the market;
Ø A purchaser can't completely recognize a decent auto from a
terrible one, so they are willing to pay less for the vehicle. This decreases
the normal cost of the vehicle.
Ø Because of the lower normal cost, most sold autos are of
poorer quality, so the individuals who offer great autos leave the market.
Consequently, the normal nature of the merchandise in the market crumbles
further, and accordingly the purchasers will pay even not exactly some time
recently.
Ø Because of this the normal cost of an auto lessens
significantly further.
Ø Now venders of mid-range quality autos are compelled to
leave the market.
VINCHIAN AS THE KEY SOLUTION TO THIS
PROBLEM
VinChain is
a blockchain database that records all information pertaining to vehicles. For
each vehicle, the information accumulates during the entire period of use. This
history is transparent and accessible to everyone.
To ensure
precision of the data, the innovation of conveyed stockpiling is utilized. This
ensures outright dependability and security of information.
Consistently
a huge number of utilized autos are sold on the planet, and each purchaser
needs to get dependable data about the specialized state of the auto. This is a
vital security, money related, and wellbeing issue.
Sadly there
is no single database of autos. There are business bases, be that as it may,
they don't take care of this issue. Their data is put away halfway and there is
a danger of it being off base. Business bases are shut and don't trade data
among themselves. Accordingly, the purchaser of the auto dangers their own
wellbeing and losing cash. All this problems are solve by VinChain through the
help of block chain technology. With the help of VinChain project data
providers will be united and create a continuous history of the car, devoid of
the disadvantages of centralized databases. Market participants such as car
manufacturers, car dealers, insurance companies, banks, and leasing companies
all need a history of exploitation and they need it to be transparent,
affordable, reliable, and authentic. Also buyers who are choosing a car right
now are able to order our report immediately.
Let’s Look At The Aim And Objective
Of The Project
VinChain as a decentralized system has come with a broad
vision to eliminate the most common problem facing the world today and by so
doing and also achieve their goal. Their most common goal are; for them to
make a piece with various levels of access and data insurance. This means that
Information security level should compare to the requirements of government
organizations. Secondly to also Unite the members in the car business, for example,
makers, insurance agencies, merchants, benefit stations, designers of route
frameworks, into a solitary biological community for information trade
purposes. And thirdly to also Create a framework and give guide access to the
database for each market member.
The VinChian API
The application will enable you to get the best offers for
auto support, rebates on benefit, refueling, washing, finding an auto on a
immense parking area, and even remotely controlling it! The application will
likewise gather insights relating to your driving style, tell you how to drive
all the more monetarily, and indeed, even offer rebates on protection premiums!
Keeping the greater part of this gathered data on the blockchain will affirm
its unwavering quality and permit the proprietors to build the esteem of their
auto at the season of offer!
With the help of this API you will be opportune to grab some
great chance of as a user of the platform. Check beneath to see the diagram
that analyze the benefit.
TOKEN
DETAILS AND SALES
Pre-sale of tokens for early investors have started since
December, 1st – 24th 12,500,000 tokens will become available for placement with
the sale prohibition during 3 months after the ICO is over. While the main sale
will take after the end of the pre-sale which will occur on the 22d March,
through April, 15th, 2018. The acceptable payment method will be; Bitcoin (BTC)
· Ethereum (ETH) · Riple (XRP) · Litecoin (LTC) · Waves (WAVES) · USD, EUR,
GBP.
THEME
MEMBERS:
In every
successful organization there is always some group of persons who have come
together to share their ideals to achieve a certain goal. VinChain have
associated with some professionals in blockchain, developers, business men,
most of this team members are a person like
Alex Miles Marketing strategist with specialization in brand
development. Founded Mealful LLC, Alexey Listopad, Stacy Denver, Alexey
Listopad, Andrey Krainik The founder of EasyExport.us, one of the top 10
companies in the Inc. to mention but a few and some others who are mentioned in
the whitepaper. https://vinchain.io/files/VinChainWhitePaper.pdf
For more
information about the project kindly click on the links below to get the latest
update.
Website: https://vinchain.io/en
Facebook: https://www.facebook.com/vinchainio/
Twitter: https://twitter.com/VINChain_io
Telegram: https://t.me/vinchainio
Authored by:
NWOKO GOSPEL
Bitcoin talk
Username: Colvis
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