Vinchain

Have you ever heard of Vinchain .It is a blockchain database that records all information related to vehicles. For each transport method, information is accumulated for the purpose of the entire period of use . The provided environment is transparent and accessible to all.
It is not news, it is in fact in the case if you buy a peppy car and want to implement it in what amount and in fact that same day of purchase , the customer on the basis of lack of additional information about the car , absolutely probably not quite does not fluctuate in quality and as cars as such , any one will beststone begging to the price of the car is promptly decreased from the normal purchase price , due to the fact actually what it is marked as "Second Hand Value". This has done, for example, a tremendous number of tasks between the Buyer and the Trader, it is actually what prompted the main set of sellers of these cars to abandon the business.
The inconsistency is taken and explained by Nobel prize economist George Akerlof in his published research paper "the lemon Market": "quality Uncertainty and the market appliance" in 1970. He described the mechanics of the markets in which 1 party (sellers) know fundamentally more about the product than the other party (buyers). This is also known as"asymmetric information markets."
#Project VinChain decides dilemu asymmetric information in the market still in the consumption of cars, creating a decentralized, robust , pale , safe and profitable repository timely cycle transportation methods .
Every day, hundreds of thousands of previous cars in consumption are sold in the world, and every customer wants to get reliable information about the technical condition of the car. This is an important issue of security , means and security .
VinChain solves this problem by using blockchain technology. For each car we will issue a passport-a passport that will be stored in a distributed registry.
Information about the machine accumulates in the databases of all members of the system (automakers, insurance companies , service stations , banks and leasing companies , dealers, etc.) in the appointment of the entire period of its use.
VinChain project unites all the data providers and preparing the endless history of the car, oblivious to the distrust of information from centralized databases, and guarantees the invariance of the data in the assignment the entire period of savings by using the technology of the blockchain and hashing data introduction cryptographic method SHA-256 (sha-2 family) *
Package-the passport of the car, attached to the wine code, placed in the block system Vincheon, at any time available to any user and service provider who has access to the system.
Without a doubt, with Vincheon, as traders, for example, and buyers who have been in the consumption of cars benefit from the elimination of information asymmetries from the market former in the consumption of cars. When the customer is aware of all available information about the vehicle, it will suit the credibility of the process and will pay more . For the merchant the unconditional disclosure of the history of the car literally increases the value of the car at the time of implementation.
Model create a block with different levels of access and information protection. The level of data security should meet the needs of urban institutions.
Combine once members of the auto industry, data like manufacturers , insurance companies, dealers , service stations, navigation system developers, into a single ecosystem for data exchange purposes.
Create an infrastructure and provide direct access to the database for each market member
Here have all the chances and experienced hard-working team members, all here-experts and experienced in the auto industry . They're all target recipients.
It's only a few of them, full list and their contacts is a technical document Vinchain.
Alex Miles.
Marketing strategy with specialization in brand development. Founded Mealful LLC, a hot project that helps people achieve personal fitness goals.
Stacy Denver. -
Increase in monthly sales by 150% in 2012-2013 as head of sales at more profitable auctions.
Alexey Listopad
Intrigued 9 tremendous intentions on the USA market as the head of marketing Department at A Better Bid Car Auctions LLC. Marketing and design specialist intentions . Staged a "warehouse club", when 19 years old .
Optionally, the information corresponding to the requested VIN number will be searched and selected in the block chain.
Each entry will contain information about the data provider, date, VIN, and vehicle usage.
Vinchain wishes to carry out in life the token to smooth processing of information requests vehicles in the system VinChain. The end user will pay for VinCoin in exchange for all the information related to the vin number that is currently stored on the network. Information requests are designed to rely on a fairly easy token savings for the client facing the properties of the payment system.