Topic: [ANN][ICO] VLB - The Ultimate Blockchain Fuel for the Vehicle Lifecycle Industy - page 99. (Read 49095 times)

The car has an ID (vin number), you can check all the info about the car, like crashes, services, parts installed etc. The main purpose of the blockchain is not to give you info about who owned the car, but what happened with it. For me it doesn't matter if Gomer Griffin or Peter Simpson was the owner of the car

What is the Connection between Qiwi and VLB? it seems that team and advisors have background or is working at Qiwi

Yes VLB team manage the communication with the community very well, it’s a very important point, investors really enjoy that and projects with a good community who trust the devs can go really far.

I've been reading the whitepaper and i don't understand how does this work:


If the value of VLB keeps rising and the vlb fee stays the same, doesn't that fee eventually get too high for users?

But there are name collisions. There are so many people with the same name. If you want to know the history of ownership of a second hand car for whatever reason, for example an accident or theft, would a unique public ID not be better than a name?

Russia and USA good start, it would be great that if you will expand to the Eupropean market in foreseeable future

First in Russia and USA.

VLB tokens will be used only to pay for blockchain validation, it won't be able to use the tokens to pay for something else (like motor oil or car repair services).

The information about the owner will be written in the blockchain as the person buys a car, so he doesn't need to prove anything. It's like when you buy a car you get a paper that it's yours, the same with the blockchain, first the data is written in the blockchain, and only after that you get a car. Please refer to the Whitepaper, page 29 for more info.

As for the registration on the blockchain, I don't really understand what you mean. Blockchain contains all the info about what happened with a car during it's lifecycle, the users (if you mean just the people who wants to get info about the car) don't need to register anywhere, they could get this info for free whenever they want.

If I understand correctly, VLB is going to give every industry participant a public ID and private key and store the information of the participants together with their public ID in a database.

How will car owners be identified? Will their public ID be associated with a government issued ID number?

VLB tokens will be used only in our blockchain. Before we deploy our own blockchain we won't have any transactions, our tokens will be just traded on public exchanges.

I agree it would not be a bad idea, because marketing is an important part of any start-up, it would be great if as many people as possible learned about this project

On December 7, 2017, Abu Dhabi will host for the second time the main blockchain conference of the MENA region — Blockchain Conference Abu Dhabi, which will bring together representatives of the blockchain industry from around the world to cover four main directions:

ICO and involvement of investments
Blockchain technology for FinTech and government
Cryptocurrencies, chances for legalisation and regulation in Japan
Smart contacts
We are pleased to present CarFix as our Platinum Sponsor. Vehicle Lifecycle Blockchain will ultimately be fully decentralized and will be deployed by CarFix in cooperation with QIWI Blockchain Technologies (NASDAQ: QIWI). Issuing VLB Tokens, CarFix operates as a transaction platform reshaping one of the largest consumer industries in the world — auto sale, repair & maintenance. Having operated only 18 months since its creation, CarFix has already brought a significant degree of order and transparency into the industry. CarFix has developed and implemented the software establishing final algorithm-based fixed prices for all key repair and maintenance works. CarFix is supported by the institutional investors.

At the Blockchain Conference, Carfix will be represented by their Co-founder Paul Nazarov. Paul has successfully launched US-wide operations of a start-up health supplement and cosmetic ingredients company AloeCure. The Company continues to grow and gain market share in the US. Paul is also a Co-founder of Financial Consulting Group ( FCG ), where he is responsible for transaction service and valuation advisory. Mr Nazarov has corporate experience in Macquarie Group (infrastructure fund management), Mubadala Development Company (sovereign wealth), NRG Capital (middle market private equity), Houlihan Lokey (middle market investment bank).

At the Blockchain Conference in Abu Dhabi, Paul Nazarov will oversee the implementation of the blockchain in the vehicle lifecycle industry to create extensive cost savings and major new business opportunities for new industry players (manufacturers, OEM’s, dealers, insurers, lenders and repair shops).

Do not miss your chance to join the Blockchain Conference in Abu Dhabi and build our future today!!!
 To register, please follow bconference.org/pricing

Yes as far as I know they are providing the telegram airdrop but thats only if you join in the telegram group. Rest are bounties where you will have to earn some money.

This is ICO, there are no airdrops.
In which country will the project start?

tetrabytes of dates thet can travel along the transactions without clogging blockchain, very impressive i did not know(before) about existence of a similar technology...adding a loan car service to the project it would not be a bad idea...

Hi here. ANy more airdrops are planned?

You will have your own blockchain with information about the history of the car. And how your ERC20 tokens will be tied to this your blockchain, if they work on the ETH blockchain. This question is not clear. I beg you to clarify.

Yes makes sense to me. I see on carfix website that there is a promotion about Shell Helix motor oil, I was wondering if in the future you'll add promotions for using on chain services, or maybe tokenize those promotions (example, 30% discount if you pay with vlb)

Yeah I think it won't be necessary, it won't be beneficial to anyone, it will just be a waste of space. I think what's really important to store are the transactions and the information about the vehicles and their owners. Speaking of owners though, what information from the owners will be stored in the blockchain? And will the owners need to present any documentations to prove that they're really the owners of the cars? And how can users register on the blockchain do you require any proof of identification?