AlphaCar
Recently I came across such an interesting project as Alphacar, and in this article I would like to talk about it in more detail.
AlphaCar. Based on the technologies blockchain, IoV, Big Data and AI, AlphaCar will make it impossible to forge or delete records of transactions and evaluation of cars and optimizes the efficiency and quality of car maintenance. We will provide all parties with a shameless community of Token Economy.
In the automotive industry marker market AlphaCar, the global automotive industry will be transformed into an inconclusive market with a typical lemon market. All parties in the symbolic economy of AlphaCar will be both consumers and shareholders. The network effect will make the value of the AlphaCar community exponential. This mechanism of positive feedback will lead to rapid growth of the community. This paradigm shift will create an overflow effect of monumental wealth, similar to the huge energy release of the nuclear fusion process. Members of the community will share the enormous wealth created by the paradigm shift.
AlphaCar is a community of Token Economy, developed by a team of developers to serve the global automotive industry. It will be used by all consumers and commercial players. A public blockbuster will record all transaction records among consumers and auto commercial players to create a carefree Token Economy community and reward tokens of all community members who contribute to the Token Economy community.
There are a number of shortcomings in the current blockchain technology, such as the resource of mining waste (Proof of Work), long waiting periods for confirmation and limited network bandwidth, making it difficult to support DApps in real time, such as payment. However, the DApp Data-on-chain AlphaCar is a reverse application that does not require real-time implementation. Thus, it can be implemented using the batch of asynchronous data processing technology to store data from the AlphaCar Token community. The economy on the blockbuster.
There are 3 components of this project:
Block and the auto industry. The automotive industry is the largest market in the world, and the block industry is the best technology to solve the problem. Based on the inherent properties of blockchain technology, AlphaCar will make it impossible to fake or delete all transaction records in the automotive industry.
Large data with IOV. The platform has the ability to connect to mass equipment and the ability to process data in real time, which support personalized pricing for car insurance and the implementation of joint use of private cars.
Network effect. The network effect refers to the "Metcalfe law", which is offered by Internet pioneer Robert Metcalfe. The law establishes that the value of the network is proportional to the square of the number of members of the network. The AlphaCar value will increase exponentially in proportion to the number of community members.
The advantages of the project:
Overall design. Designers all over the world collectively develop new cars and share awards.
General research and development. Engineers around the world collectively develop new cars and share awards.
Car exchange. Provide cars in a safe way through the block and IoV technology.
Insurance based on use. UBI will reward good driving behavior.
Car maintenance and repair. Survival of the survivors is the safest.
Automotive trade. Lock large data transparent price
As a centralized organization serving the global automotive industry, AlphaCar.The fund helps global stakeholders in the automotive industry develop a healthy economy and the benefits from it. Owners of cars will enjoy a 24-hour and constantly improving car service, such as insurance based on use, car exchange, car sales, auto financing and auto repair and maintenance. Automobile transactions records of AlphaCar members will be written to the block and analyzed using AI algorithms with large amounts of open source data. Car service rating of suppliers will constantly improve along with the best consumer impressions. This will help quality service providers to grow rapidly in the economy.
Whitepaper. The website of the project presents white paper, which anyone can read in English. https://www.alphacar.io/r/project/file/AlphaCar_WhitePaper_EN.pdf
Token Sale. ACAR is a token with real-world applications that can be used to pay for services in the AlphaCar ecosystem. The total number of ACARs is 10 billion and will never be released.
Participate in the project will be available from June 18.
The global automotive industry is a $ 10 trillion market. AlphaCar will support the defenseless cooperation of all members of the community, which includes areas such as design, R & D, manufacturing, supply chain, sales, logistics, finance, insurance, maintenance and processing, and so on.
Community members will receive tokens as rewards. AlphaCar will establish itself as the leading platform in the global automotive industry of Token Economy.
In this figure, you can clearly understand the structure of the distribution of tokens:
Roadmap. Also on the project site is a road map, calculated until 2021.
Team. The project site has information about the development team and advisors, so you can see each member.
Bounty. If you are interested in this project, you can take part in its bounty program, spreading information about it in social networks. https://bitcointalk.org/index.php?topic=4390390.0
In conclusion, I would like to say that I am interested in this project, as it will be a very useful platform that will combine the car market with the blockbuster.
website - https://www.alphacar.io/#!/index
whitepaper - https://www.alphacar.io/r/project/file/AlphaCar_WhitePaper_EN.pdf
AUTHOR: Persijadays
BITCOINTALK LINK: https://bitcointalk.org/index.php?action=profile;u=1925613
ETH: 0xFe7e4a646ed5d69c1355A24bF8d3f5DAb567Da9d