CAREONchain: A Decentralized Vehicle Platform

clauming (7)in #cryptocurrency • 6 years ago

Introduction

Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.

For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.

Moving to the topic, the health risks of air pollution are extremely serious. Poor air quality increases respiratory diseases such as asthma and bronchitis, increases the risk of life-threatening conditions such as cancer, and overloads our health care system with substantial medical costs. So, due to this pollution and the price of fuel, an alternative is very necessary for this world and, therefore, the hybrid car industry will have a great growth in 2020.

Clean vehicle and fuel technologies provide us with an affordable and available means to reduce air pollution related to transportation and emissions from climate change. Hybrid cars are becoming more popular and common. Basically, a hybrid car is one that uses two or more engines. The electric motor drives the car at lower speeds and the gas engine drives it at higher speeds.

Hybrid Car Main Features

There are many advantages to owning a hybrid car. What you will like the most is how it helps you control your budget as gasoline prices continue to rise. The other advantage that is not seen directly is how the possession and driving of a hybrid car affects the environment.

For this reason, I want to introduce you CAREONchain (REO), the first blockchain Operating Platform for Hybrid Car Technology & its Research & Development.

Video Presentation - See more here: https://www.careonchain.io/

Definition

As I said, CAREONchain (https://www.careonchain.io/) is a decentralized network that allows to store all the research work, from university projects to scientifically proven research for the development of hybrid technology in the automotive sector. CAREONchain will gather all the research work from around the world and will provide the best of it to manufacturers in the automotive sector.

Goals

Uniting all the research work from around the world and offering the best of it to manufacturers in the automotive sector, the main idea of CAREONchain is to help people to produce low-cost, high-performance hybrid vehicles. The goal is to become the largest cryptocurrency network based on multi-asset block chains in the world.

Features

Image	Feature	Benefit
	Fast Transactions	Unique platform that can carry out transactions with a blink with the help of Fast Transactions
	Money exchange	Swap among all popular currencies with a couple of clicks. Instant sending from one currency to another.
	Investment	Improvement of the system of verification of the borrower. Providing Verification services for other services.
	Online wallet	Save your money, change your money, invest your money, pay services and shopping.
	Accepting ETH and BTC	You can buy our coins using your Favourite coin Ethereum & Bitcoin.

Advantages

CAREONchain will allow the development of the Hybrid Automobile Technology, a bold and disruptive vision for the Development of Hybrid Cars that will allow us to make use of renewable energy resources and help in the reduction of pollution. CAREONchain can level the playing field, reduce dependence on intermediaries and increase functionality, register operations in the blockchain will allow greater transparency, greatly reduce the cost of operations and significantly accelerate the settlement. In addition, the following benefits can be provided:

Image	Benefits
	ERC20 (Ethereum) Technology
	Advanced Security System
	Multicurrency Coins
	Internal Exchange
	Safety Fund
	Cooperation With Arbitration

Bounty program

The project gives the opportunity to earn CAREONchain Tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk Webpage here (https://bitcointalk.org/index.php?topic=5042060.0), where you can access the link in order to see what are the conditions to become an early REO contributor and start acquiring tokens.

For more information about the project, you can visit and read their WhitePaper available here (https://www.careonchain.io/whitepaper.pdf). You can also stay tuned in their official Telegram Channel (https://www.t.me/careonchain) or in their ANN thread here (https://bitcointalk.org/index.php?action=profile;u=2197277;sa=showPosts). I hope you liked the post and soon I'll send you new ones.

Do not forget to visit their Webpage (https://www.careonchain.io/)!

Token details

The CAREON ERC20 platform (Ethereum) is developed for the interaction between researchers, developers and manufacturers of hybrid vehicles. The REO will be a utility token used to load any research work into the data of the block chain and companies can also buy it through the users by paying REO.

Token: REO
Platform: Bitshares
Pre-ICO price: 1 REO = 0.09 USD
Price in ICO:1 REO = 0.24 USD
Tokens for sale: 165,000,000

Token distribution

Roadmap

Date	Events
Q2 2017	Concept Development
Q3 2017	White paper and project concept approval
Q4 2017	Planning for Pre-ICO
Q1 2018	Development of website and Hybrid Blockchain
Q2 2018	Coins pre-sale to early-stage investors and public sale launch
Q3 2018	Coins will be unlocked and launch in some exchanges in future
Q4 2018	Alpha version of the CAREONchain Blockchain will start the execution
Q1 2019	Launch a website To develop a software and a website where all the research for hybrid technologies can be shared from throughout the world
Q2 2019	Launch of API Mainnet & Mobile App for Android/iOS
Q3 2019	Smart Contract Creation like Ethereum