VINCHAIN - HAS WHAT IT TAKES

Cars are an essential part of human survival currently in this dispensation of ours since no one fancies the idea of riding on camel backs (except on vacations). Everyone loves to buy that new brand of Toyota, Mercedes, Nissan, Bentley, Mitsubishi, Lamborghini, Ferrari, and many other fancy cars that are being advertised on TV, but does everyone get to do that? Absolutely not!
Many persons have to settle for fairly used cars because of many reasons, chiefly of which is the weight of that person’s bank account. Now since that is settled, what happens to the fellow who needs to buy that fairly used Lexus from maybe a car dealer or an online seller?
He probably has not seen this car many times and he does not really know the status of the car even if the seller is alleging it to be of super quality. Does he ask a secret agent to investigate about the car before he pays for the car, or does he make the seller swear to what he is claiming? Oh! How about a “Google” which will just answer all the relevant questions about the cars past? That’s a brilliant idea, but based on logistics and reality, they isn’t any reliable one with top-notch technology. This is where VinChain comes in to save the day. Let’s take a tour round the VinChain world. Allowhttps://vinchain.io/files/VinChainWhitePaper.pdfme to lead you.

A BRIEF OVERVIEW OF VINCHAIN

VinChain is a blockchain database that records all information pertaining to vehicles. For each vehicle, the information accumulates during the entireperiod of use. This history is transparent and accessible to everyone. To protect accuracy of the information, the technology of distributed storage is used. This guarantees absolute reliability and security of data.How about that for a start?
You will agree with me beyond reasonable doubt that everyday millions of people sell their cars and logic demands us to know that they are not selling all these to themselves. As these cars are sold in their millions, so are the buyers numbering in their millions to. But most of these people are only buying these cars in blind trust and hope that they will be in a good state worth the amount paid.
Those who are knowledgeable about the internet try to see if there is a platform which will feed them conveniently with information about these used cars to see their lifecycle. This includes the actual year the car was bought, how many times it has been repaired, how long it’s been used, whether the car has been legally banned, and many other related questions.
Unfortunately there is no single database of cars. There are commercial bases, but they do not solve this problem. Their information is stored centrally andthere is a risk of it being incorrect. Commercial bases are closed and do notexchange information among themselves. As a result, the buyer of the car risks their own safety and losing money. See https://vinchain.io/ for more attractive facts.

THE VINCHAIN SOLUTION

VinChain solves these problems with the help of blockchain technology. For each car, there will be a blockchain–passport issued, which will be stored in a distributedregistry.The VinChain project will unite all data providers and create a continuous history of the car, devoid of the disadvantages of centralized databases.
Market participants such as car manufacturers, car dealers, insurance companies, banks, and leasing companies all need a history of exploitation and they need it to be transparent, affordable, reliable, and authentic. Also buyers who are choosing a car right now are able to order our report immediately.
The VinChain solution can be broken down thus as;

1. Wereceive a request to the blockchain;
2. We search for the data along the entire chain,
3. We create and provide the information in a structured form.The fee for the information is received by the members of the registry whose information was used. VOILA! Everyone goes home happy.

LOOKING AT THE BRIGHT SIDE OF THINGS

Both the sellers and the buyers of used vehicles will benefit from the removal of information asymmetry from the used car market. Even the company and its investors will too. When the buyer knows all of the available information on a given vehicle, that will create trust in the process and will be willing to pay more. Thus, bringing more money to the company. For the seller, disclosing the full vehicle history actually increases the value of the car at the time of the sale. The VinChain project will tell the truth. Every market participant has the right to know it. In the future, the technology can even be scaled to handle different segments of the global market. Just imagine yachts, construction machinery, real estate, etc. having to be sold and bought using this technology. It will feel like paradise right? Get to know more from www.vinchain.io or https://vinchain.io/files/VinChainWhitePaper.pdf

THE VINCHAIN TOKEN AND ITS DISTRIBUTION


The VIN shall be the currency used on the VinChain platform. The sale of tokens shall be in two folds which are;
• Pre-ICO sales
• Actual ICO sale

For quality assurance, the tokens will be distributed between the buyers within 72 hours of the ICO finishing.

Purchase of tokens can be made swiftly from https://vinchain.io/ but you can extract more facts about this whole show on https://vinchain.io/files/VinChainWhitePaper.pdf. Hurry while it lasts.

MEET THE VINCHAIN BRAINS

• Alex Miles- CEO
• Andrei Krainik- Strategic Partnerships
• Jurgis S Plikaitis- Strategic Partnerships
• Stacy Denver- Head of Sales, Bitcoin Advocate
• Aleksey Listopad- CMO
• Gordon Hansen- Community Manager
• Emercoin Development Group and many other experienced gurus too numerous to be mentioned.

FOR MORE INFORMATION VISIT AND GET CONNECTED THROUGH

OFFICIAL WEBSITE: https://vinchain.io
WHITEPAPER LINK: https://vinchain.io/files/VinChainVehicleHistory.pdf
OFFICIAL BITCOINTALK ANN THREAD: https://bitcointalk.org/index.php?topic=2349186.0.all
OFFICIAL FACEBOOK PAGE: www.facebook.com/vincoinio
OFFICIAL TWITTER PAGE: https://twitter.com/VINChain_io
OFFICIAL TELEGRAM CHANNEL: https://t.me/vinchainio
OFFICIAL BLOG PAGE: https://vinchain.blogspot.com/

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