Introduction To DAV Protocol (Peer to Peer Global Transportation Network)
Transportation has over the years remained the only means to transport people and good from one place to another. Today transportation has turned into a big business which has attracted so many people to invest millions of dollars into the industry and as the world population grows rapidly every single day, the industry keeps expanding and more investments keeps coming to the industry.
No doubt today transportation industry is said to worth billions of dollars on annual basis and this figure shows the great opportunity in the transportation industry but the so called opportunity are only opened for the elites or the rich people in the society leaving the average people behind from tapping into the huge business opportunity in the industry. This effect has caused the transportation cost to be rapidly increasing on daily basis because there is no much competition for these elite.
But the era is about to change with a blockchain platform called DAV. DAV is building a platform which will allow anyone to tap into transportation service either as a transport service provider or transport user. Still don't understand what DAV is all about? Well let’s learn more about DAV
What Is DAV?
DAV is an open source blockchain based platform which will bring together all the players in the transportation industry to buy or sell transportation services.
DAV allow anyone to join the platform with any of their vehicle which could be a car, drone or ship, the platform uses a digital currency which is called DAV token to discover, communicate and make transaction with one another in the platform. The DAV token which is Ethereum based erc20 token will make the platform to offers services in a reduce cost and remove all the middle men involved in the traditional way of making transactions in the transport industry. This alone will benefit all the platform users.
DAV technology been an open-source ecosystem consists of three major components:
Decentralized Discovery which makes autonomous vehicles, users, and service providers to discover each all on one network
Communication Protocol: This allows the communication within the DAV ecosystem. it could be on-chain communication which involves triggering smart contract when a condition is meet or it could be an off-chain communication which involves peer-to-peer communication within the platform.
Trustless Cooperation Tools: This allows smart contract to be issued between buyers and sellers of transportation services using the DAV tokens
Conclusion
DAV platform will open up so many possibility for anyone to tap into the multi-billion transportation industry wealth which was initially been hoarded by some few elites in the industry and as the platform develops in the future I see it becoming the next Uber or probably replacing Uber.
Visit DAV Official Contacts To Learn
Website: https://dav.network/
Bitcointalk [ANN Thread]: https://bitcointalk.org/index.php?topic=2614017.0
Whitepaper: https://dav.network/whitepaper.pdf
Telegram: https://t.me/DAVNetwork
Reddit: https://www.reddit.com/r/DAVNetwork/
Twitter: https://twitter.com/DavNetwork
Medium: https://medium.com/davnetwork
YouTube: https://www.youtube.com/c/DAVNetwork
GitHub: https://github.com/DAVFoundation
This is an interesting project sir.
The vehicles to be used, does it include the likes of toyota camry driven by car owners?
Yeah sure a further look at their white paper will tell you more about that. Thanks for your comment
Definitely DAV will a great opportunity for anyone to join transportation business but I don't understand how they intend to run the business, is this going to be like Uber?
it's going to be a decentralized transport system. Please check their white paper, I have the link to their website and their white paper, Thank you.
@chokomenia can you do an ico review about the project? I am looking to invest in this project. Thank you.
I am working on that already, I will post when i finalize the article. Thank you for reading my post and watch out for more.
As requested you can check my blog for the article. Thanks for your continue support.