VINCHAIN

Februari 23, 2018

VinChain is a Solution

VinChain is a decentralized blockchain database that records all the history of a vehicle's changes. The vehicle history can be useful for users, buyers, sellers and markets as a consideration to determine the sale value of the vehicle. By using blockchain technology, all data read by the user will become immutable and may not be flawed. When a vehicle is used, the entire vehicle history will automatically be recorded on the VinChain database, then the ecosystem within VinChain can access that information. The ecosystem includes manufacturing, insurance companies, service stations, banks and leasing companies. So all the ecosystems on the VinChain Platform also have access to vital information from a vehicle.

The ultimate goal of the VinChain platform can be read on whitepapers, while simply putting it , VinChain aims to make a vehicle industry more transparent, fair, and nothing to hide by some. Because the main problem of society when buying a vehicle is, banyam regret because the condition of the vehicle they buy is not in accordance with expectations.
See more Here:https://vinchain.io/files/VinChainWhitePaper.pdf

Verification of the reliability of the information in the reports:

Usage in B2B

-Car Manufacturers will be able to:

Receive and analyze the statistics on vehicle operation and develop marketing and production plans based on research. Decide on warranty service or refuse it, based on data from the blockchain.

-Car dealers will be able to:

Accurately determine the market value of the car. When selling a car, provide full information about it. In a medium-term perspective, this is a winning strategy for building loyalty among consumers.

-Insurance companies will be able to:

Use the data from the blockchain before making insurance payments, as well as identifying fabricated accidents and protect themselves from scammers. Insure the car based on its actual state, and predict “bad” insurance and identify “bad” cars.

-Banks and leasing companies.

Will be able to accurately determine the market value of the car.

-Service stations

Based on the data from the blockchain, they can carry out an inspection and detect hidden defects more accurately. They will also be able to improve the quality of services provided.

Usage in B2C

Before purchasing a vehicle, buyers want to know it’s condition. VinChain’s partners will be focused on working with consumers.

In order for the reports to be available to the mass consumer, we focus on the average market price of $15.

-Sample Report

An example of a VinChain sourced vehicle report would look like this:

-Market Review

Sold in 2016–95 million cars, sales grow every year, manufacturers increase the production.

The market for all cars in the world in 2016 totaled 1.38 billion pieces. With the cost of a history report at $15, the total volume of VinChain’s market is $20 billion. Analyzing the trends in the largest markets of the world — the USA and the European Union.

VinChain Token ICO

VinChain provides an opportunity for investors who want to join and become a part of supporting this VinChain project by making VIN Token purchase. VIN Tokens can be used to enjoy the services provided by the VinChain platform, and those who pay using VIN Token will get a special discount.

Some information about VIN Token ICO is as follows

Token Symbol: VIN

Price: 1 ETH = 20,000 VIN

Total Supply: 1,000,000,000 VIN

Distribution for ICO: 60% = 600,000,000 VIN

ICO Start: February 1, 2018

ICO Ends: April 15, 2018

Token Type: ERC20

Receive: ETH, BTC, LTC, DASH

Softcap: 3300 ETH

Hardcap: 23,250 ETH

Country: United States (USA)

VinChain Project Road map

February 2017:Concept development The founders are studying the blockchain technology’s ability to collect and store information; first prototypes are developed.

October 2017: White paper and project concept approval White paper issue, collecting feedback from the community, concept and work flow chart development based on the collected data.

Since November 23, 2017: tokens pre-sale to early-stage investors

Since December 1 to December 24, 2017: VinChain pre-ICO Pre-ICOVinChain will be held from December 1 to December 24, 2017 until the required amount is collected.

January 2018 — April 2018 Development of MVP According to the developed concept and technical specifications we are going to make the first working model together with Emercoin Development Group! And in March, before the start of our ICO, we will give you an opportunity to request first information about cars!

January 2018 According to the developed concept we will spend all January on making partnership agreements with dealers, insurance companies, banks, manufacturers.

February 2018 Developing a mobile application for car owners. It will give car owners an opportunity to earn our tokens.

March 2018: MVP testing Product testing launched.

Since March 22 to April 15, 2018: ICO VinChain ICO launch. The key objective during this period is to sell tokens qualitatively and without a hitch.

April 16, 2018: tokens sale Once ICO ends, the procedure tokens will be issued to investors.

April 20, 2018: product development and optimization, release of new versions

2–3 quarter of 2018 — spreading among the United States and EuropeDespite of the amount of collected money, we will focus on the distribution of the system and its establishment in the US. In the case of success of our ICO, we will simultaneously work on the markets of Europe and the CIS.

4th quarter of 2018 — distribution on the territory of Asia

4th quarter 2018: work finalization on VinChain project

VinChain Project Team