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Topic: ๐Ÿš—๐Ÿš•๐Ÿš™๐ŸšŒ๐Ÿš”๐Ÿš๐Ÿš˜๐Ÿš–[ANN] VINโˆžCHAIN๐Ÿš”๐Ÿš๐Ÿš˜๐Ÿš–VEHICLE HISTORY ๐ŸŽ๐Ÿš“๐Ÿš‘๐Ÿš’๐Ÿš๐Ÿšš๐Ÿš›๐Ÿš”๐Ÿš๐Ÿš˜๐Ÿš– - page 74. (Read 36889 times)

member
Activity: 618
Merit: 10
I have question about how you will deal with cars currently on the market. Of course there wil be information in blockchain about new cars. But how can you get info for 10yo car?
We will add data from a few sources. They will generally include workshops, insurance companies, business fleets, state registries, vehicle owners, etc.
newbie
Activity: 10
Merit: 0
I have question about how you will deal with cars currently on the market. Of course there wil be information in blockchain about new cars. But how can you get info for 10yo car?
member
Activity: 618
Merit: 10
How many tokens will I get if I add some info into your system?
It depends on the value of the information that you put in a blockchain. If you add valuable information about car damages, you will get more tokens than you just add mileage information. Right now we are developing rating system for the information that is put in the blockchain.
member
Activity: 618
Merit: 10
Get acquainted with our new VinChain team members!
Aleksey Listopad - CMO

Every now and then, it is not uncommon to see individuals who have exceptional careers in their respective professions. However, it is harder to find those who scale the heights of professional ladders at a very young age. Aleksey Listopad is one of these people. Since he was just a boy, Aleksey developed a keen interest for business. He was curious to know how all the moving parts came together to create a system that is so diverse but remains fully functional. This prompted him to choose a career path that is business oriented by enrolling at the Belarusian State Technical University to study marketing.

Unlike most of his peers, Aleksey preferred to stay proactive while he pursued his career. He created his first business venture at the tender age of 19. The company, which was called 'The Logistic Club', was created to handle all logistical and marketing activities of their clients. While at the company, Aleksey worked as a marketing specialist. The newly founded corporation not only allowed him to put all the knowledge he was acquiring at the university in perspective, it also allowed him to learn what it means to be a marketing professional and also helped him create a name for himself in the industry.

After he graduated, Aleksey began working as the Head of Marketing at Better Bid Car Auction LLC. During his tenure, he managed to bring 9 major projects to the US market. This was a feat that none of his predecessors had managed to achieve at the corporation. He accepted a job offer at Vinchain after he left Better Bid Car Auction LLC and now works as the Chief Sales and Marketing Officer.
member
Activity: 618
Merit: 10
What are the benefits of Vinchain for dealer?

According to a survey carried out in 2013, customers believe that car dealers make a 20% profit on a new car. However, the study revealed that this was not the case. The car dealers actually make a profit of 3.8% on any new car sold and much lower on used car. Perhaps unsurprisingly, the study gave an indication that the lack of transparency in the car buying process was the reason for this belief system.

Nowadays, there is a huge mistrust between dealers and customers. Due to the lack of information and existence of centralized data storage systems which is marred with many faults, customers have many doubts when purchasing a used car. These systems allow room for manipulation of data such as changing the provided date for your own benefit. Also, sometimes the dealer might demand a lower price because he has no idea about the real price of the car as sold in the market. Among others, these are some of the challenges that a dealer will no longer face once we launch the decentralized vehicle database.

Vinchain will give access to authentic information about all the cars so that all providers have transparency on the vehicle records. Because of the Blockchain technology, the information can be accessed by multiple users from anywhere in the world but can never be altered or deleted. With the help of Vinchain, a dealer will be able to accurately determine the market value of the car. He/she will be able to provide full information about the car when selling it, so that the customer will not have any trust issues. Vinchain creates transparency in the car buying process. As a result in a medium-term perspective, this is a winning strategy for building loyalty among consumers.
member
Activity: 618
Merit: 10
How many cars can I check with just 1 token?
The minimum amount of tokens to check 1 car will cost 25 tokens. So, you won't be able to check anything with just 1 token.
member
Activity: 618
Merit: 10
Why did you choose this topic for ICO? Why you need decentralization?
Thank you for your question.
Decentralization makes it impossible to delete or change the information about the vehicle.
And why it's so important? Who needs to change the information and why is it so dangerous?
A lot of people in order to get more money for their used car, for example when it's been in an accident, hide a truth about it, restore and sell. Why it is dangerous? โ€“ Imagine that you drive car that was rebuilt after accident and there are no new airbags in it. Your life will be in danger.
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