Topic: Cube (AUTO) Future! (Read 209 times)

Hello,
We are sharing CUBE's April 2018 Monthly Report.

April 2018: Monthly Report
 

4th April: Richard Biggs and Robert Cooke met with German Automobile company for a meeting in Berlin, Germany.

On 4th April, Cube held a meeting with a major German Automobile company in Berlin, Germany. We agreed to follow up the discussion in near future.
 

17th April: Signed a Joint R&D Contract for Big Data Application with MG Non-Life Insurance Co. Ltd.

We signed a contract with MG Insurance, a company with a total asset of 3.2 billion USD, collaborating a joint R&D for Big Data application. We are currently discussing future insurance products utilizing CUBE’s data, and insurance products specifically for P2P Car-sharing.
 

18th April: Spring Meet up.

On 18th April, CUBE hosted a Spring Meet up, held at Seoul Intercontinental Hotel, Seoul, Korea. The meeting presented our current business report and future plans, followed by the Q&A session with the contributors.

 

18th April: Richard Biggs Inaugurated as CEO.

Richard Biggs was inaugurated as Global CEO of CUBE Intelligence.

 

18th April: Announcement of Blockchain-based Car-sharing Business

CUBE has decided to participate in P2P Car-sharing. This Blockchain-based P2P Car-sharing will aid increase the demand for CUBE token. We decided to further increase the demand for CUBE token, AUTO, through launching the Big data application, Car-sharing, and Security businesses.  

 

20th April: Presented 4 Research papers in CUBE’s special session, hosted by Korean Institute of ITS Conference.

http://brandplus.chosun.com/site/data/html_dir/2018/04/20/2018042001491.html

Research on CUBE’s security platform based on blockchain was presented at a special session in Korean Institute of ITS Conference 2018. The Korean Institute of ITS held a conference on the subject ‘SMART CITY’, and companies including CUBE, SK Telecom, LG Electronics, Naver along with government agencies including Korea Expressway Corporation and The Korean Transport Institute were actively involved in the Smart City transportation research. Smart City is a large-scale project that has been budgeted more than 500 billion Korean Won (approximately $470 USD) by the Korean Government.

 

23rd April: Consultation in progress with Korean Government-affiliated Research organization.

 

28th April: Invited to give a special lecture on Blockchain Security at Samsung Electronics.

On 28th April, CUBE was invited to give a lecture on Blockchain Security by the Samsung Electronics’ executives.

 

30th April: Signed a joint MOU with Dual’s Namsung.

CUBE’s collaboration with Dual’s Namsung, a company that supplies Smart Keys to Mercedes Benz. Namsung is listed on KOSDQA and holds 100% of Dual Electronics Corporation, US. Dual (http://www.dualav.com/about/about.php) is a global company founded in Germany 1927 and is currently leading the automotive market in North America. (https://en.wikipedia.org/wiki/Dual_(brand)


The two companies decided to jointly implement 3 main projects:

Through the joint development combining the technology of Smart Key, supplied to Mercedes Benz, and CUBE’s blockchain platform, we will guarantee a higher level of security service to automobile companies in the future. By 2020 in Europe, it will be mandatory for the automobile to have SOS buttons as a legislation has passed recently. Network security is becoming a necessity as the era is transitioning to connected-cars. We believe CUBE has the most advanced technology in this field.
A McKinsey report predicts that the automotive data business will grow between 450 and 750 trillion USD in the next 12 years, as car transition to connected-cars. CUBE
Business to produce, collect and sell data through CubeBox in North America. Namsung America will lead the automotive data business in North America.
Car-sharing Business in North America.
The two companies decided to pursue P2P business based on blockchain in North America. Currently, Dual is based in Florida, but for the launch of the car-sharing, we are reviewing California.
The two companies decided to organize a business team to propose detailed action plan in May and execute the project.

They tend to become competitors, brains and thoughts such as Tesla, Uber, etc.? It's stupid. The idea is on emotions. Short life.

good proggress in this project, i will keep my auto until its hit 1 $ ..i hope this year, lets make dream come true

Announcement :: Signing of MOU between Cube Intelligence & MG Insurance

We are pleased to inform that MG Insurance (CEO Dong-Ju Kim) announced on April 16th that they have signed an MOU with Cube Intelligence, a Blockchain specialist, to develop a 'customer-centric insurance product'.

The two companies will undertake joint research and development of a Blockchain-based insurance business model, which is free of the limitations of the existing insurance market where it was limited to UBI (Usage Based Insurance) insurance development using automobile Big Data.

The new customer benefit-centric business model will support a variety of premium discounts (driving habits, distance, a day of the week, etc.), IOT-based automated emergency calls, customized vehicle management alerts (regards to troubleshooting, consumables exchange). In addition, the customer-specific app will greatly enhance user convenience by providing vehicle management history support and real-time vehicle information check.

In addition, for more substantial customer benefits with the integration of Blockchain technology, Cube Intelligence provides customers with points that can be used as cash for their mileage. The points provided can be used for vehicle maintenance, consumables exchange, etc. Also, for the convenience of customers, one-stop service can be provided through partners such as maintenance centers, used car dealers, and insurance companies.

MG officials stated, "We will make more diverse customer benefits by developing the insurance business model with "one-stop automotive aftermarket service" that combines Blockchain technology".
 

MG Non-life Insurance Co., Ltd.

MG Non-life Insurance is a Korean insurance company with assets of KRW 3.4 trillion with many 30 to 40 young members as its major members. The main business of MG non-life insurance is the construction of non-life insurance and reinsurance contracts, asset management for insurance premiums and insurance payments. Handling products include insurance products such as general insurance [fire, loading, liability, technology, comprehensive, maritime, aviation], long-term insurance [health, medical care, conditional loans, and secured loans.

Now cube price 0.015 $,  150 % from ico price..keep hodl guys..

We will see the Cube process in much better places. The 500 BTC volume is not bad at all and is increasing day by day.

Hello fellows of CUBE,
We are now happy to announce you all that Cube has signed the first automotive data usage contract with MG Non-Life Insurance.

The following is translated content of the news article officially published by MG Insurance(MG).
(Original article in Korean : http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&oid=015&aid=0003924267&sid1=001

Sorry for my mistake, it was 100k, he sold them at about 0.00002 ETH, I think he has a good luck. I never joined in such a promising signature bounty project before.

Oh, my friend definitely do it too early. He sold after exit on OKex on 0.00001400 eth per 1 Cube. And after that token went to near 4k. It's some sadly 

I think there are some mistake, Maybe it is 100k, after I check the bounty campaign token spreadsheet, there is no less than 50k, Generally, it is about 100k. So it seems your friend sold it too early.

i hope this happen on cube ,,look at the market on okex,,its grow every day

a coin can not be viewed from the current price is good or bad, but an ICO is said on the moon if its price soared to 100% from the previous price. good and bad ICO can be said good if the price continues to increase in the next day and so on.

i read on road map that in april cube/ auto will have agreement with corporation in korea,,,and in may will release OTA version. ithinks its a good news..

It is very important that the song is a project. The original project is not much on the market. It will be much more valuable in the future.

Hi, man, but your friend has a wild imagination. Max price on OKex was near 0.00003899. It can to sell 10k AUTO by 0.3899 ETH. How 2 ETH, I don't know. May be he want but life get him own price? 

I agree with you, and if they enter other big exchangers like Binance and Bittrex then there will be a high possibility that this will go to moon. 

I have participated in the bounty campaign and I think the projet looks very promising. As soon as we are out of this bear market (if it ever happens ), Cube will make nice gains.

What I don't understand about this project is their business model. So they are aiming to sell information from the car to data consumers like Tesla, Uber and so on. But these consumers already have this data because they are developers of autonomous cars. Can someone explain?

It is not a good idea because already many altcoins are available in the market. But we don't predict the future possibilities of altcoins. So better exchange in these kind of altcoins it is not survive in long term. Again some crashes are happen in the market many altcoins are failed in the crypto platform. But holding is the right decision so better hold in top trending altcoins don't hold in shit coins.

I know one of my friends joined in its signature bounty campaign, he made about 20 posts for 2 weeks and received about 100k AUTO, he sold it out on Okex and got 2 ETH.