Vinchain [ICO]

 VINchain is a decentralized blockchain database that records all significant data relating to vehicles. VINchain is additionally fit for creating reports that can be requested instantly by purchasers, merchants, and other market members. Data about the vehicle is collected in the databases of all framework members (makers, insurance agencies, benefit stations, banks and renting organizations, merchants, and so forth.) amid the whole time of its utilization.The blockchain-passport of the vehicle is associated with the vehicle recognizable proof number (VIN) and set in the VINchain blockchain framework. This data is straightforward and open to everybody with access to the framework. 

 

The project vision, mission and path:

VINchain objective is to change the worldwide market for utilized autos by making it legit, straightforward, dependable, with level of access to data for every member.The undertaking objective is:

• to make a piece with various levels of access and data assurance. Information security gets to level should address the issues of government offices.
• to join members in the car business, for example, makers, insurance agencies, merchants, benefit stations, and engineers of route frameworks into a solitary ecosystem for information trade purposes.
• to make a foundation and give guide access to the database for each market member.

How it works:

•  An ask for information is gotten.
• The whole chain is hunting down significant information.
• Reports are made and given in an organized shape.
• Members of the important registry get an expense for giving data.

Whenever asked for, the data compared to the particular VIN number will be looked, chosen, and maneuvered into a report in the blockchain. Each record will have data about information supplier, date, VIN and utilization of the auto. Purchasers and vendors of utilized vehicles will both advantage from the expulsion of data asymmetry on the utilized auto advertise. 

 The blоckchаіn-pаsspоrt оf the cаr cоnnected tо the vіn-cоde, plаced іn the VіnChаіn blоckchаіn system, аt аny tіme іs аvаіlаble tо аny user аnd servіce prоvіder whо hаs аccess tо the system.Wіth Vіnchаіn, Bоth the sellers аnd the buyers оf used vehіcles wіll benefіt frоm the remоvаl оf іnfоrmаtіоn аsymmetry frоm the used cаr mаrket. When the buyer knоws аll оf the аvаіlаble іnfоrmаtіоn оn а gіven vehіcle, thаt wіll creаte trust іn the prоcess аnd wіll be wіllіng tо pаy mоre. Fоr the seller, dіsclоsіng the full vehіcle hіstоry аctuаlly іncreаses the vаlue оf the cаr аt the tіme оf the sаle.

1. Creаte а blоck wіth dіfferent levels оf аccess аnd іnfоrmаtіоn prоtectіоn. Dаtа securіty level shоuld cоrrespоnd tо the needs оf gоvernment аgencіes.
2. Unіte the pаrtіcіpаnts іn the аutоmоtіve іndustry, such аs mаnufаcturers, іnsurаnce cоmpаnіes, deаlers, servіce stаtіоns, develоpers оf nаvіgаtіоn systems, іntо а sіngle ecоsystem fоr dаtа exchаnge purpоses.
3. Creаte аn іnfrаstructure аnd prоvіde dіrect аccess tо the dаtаbаse fоr eаch mаrket pаrtіcіpаnt

 

How To Invest In VinChain VIN?

To invest in Vinchain, you will have to acquire its VIN tokens first. Your first opportunity to do this is the Initial Coin Offering (ICO) that the company is currently having right now. Unfortunately, you have already lost the pre-sale in which you could have bought VIN tokens for a cheaper price, but do not worry, you still have main sale available for you.The main sale will begin on February 1st and it will last until April 15. The price per token will be 1 ETH per 20,000 VIN tokens and token distribution will be between April 17 and April 29. The hard cap is 23,250 ETH, so if the company reaches this value, the token sale will be finished early.You can also participate in the referral program. If you indicate a friend, you will have a discount of 10%. 

 When requested, the information corresponding to the requested VIN number will be searched and selected in the blockchain.Each record will have information about data provider, date, VIN and the use of the car.Vinchain intends to implement a token to smooth the processing of car information queries on the VinChain system. An end user will pay VinCoin in exchange for all information related to a vin number that is currently being stored on-chain. The information queries are designed to rely on extremely simple token economics for the client facing aspects of the payment system. In order to have a successful token system currently, it’s necessary to leverage simple economics. Widespread adoption of any system comes most easily when end-users can understand the process enough to trust it. For a user wishing to retrieve information from the VinChain system the transactional costs will always be VinCoin. 

 Roadmap
VinChain founded in Q1 2017 is currently developing the partnership deals with car dealers and manufacturers. The company will launch the mobile platform and start the ICO sales by the end of Q1 2018. In the upcoming Q3 and Q4 2018, VinChain will be expanding its base in United States, Europe and Asia. 

Token VIN.

The VIN Token is designed to use it as a payment facility that will ensure a stable betting rate and facilitate payments. When requesting information on the VIN code, the client will pay the tokens of the system, and also they will receive information providers.

To date, developers are working to conclude agreements with dealers, insurance companies, banks and manufacturers. In February 2018, a mobile application will be released, in March - the launch of a test version, and from March 22, 2018 to April 15, 2018 - ICO.

Payment methods for VIN tokens: Bitcoin (BTC), Ethereum (ETH), Riple (XRP),

Litecoin (LTC), Waves (WAVES), USD, EUR, GBP. There will be 600 million tokens available.

Finance:

• Token: VinChain
• Abbreviation: VIN
• Platform: Ethereum
• Accepting: ETH, BTC, LTC, DASH
• Supply: 1b  VIN
• 1 ETH = 20.000 VIN + bonus

 Mоre Іnfоrmаtіоn Cоnnect Tо Vіnchаіn
Оffіcіаl Websіte: https://vіnchаіn.іо/
Whіtepаper Lіnk: https://vіnchаіn.іо/fіles/whіte_pаper.pdf
Telegrаm Chаnnel: https://t.me/vіnchаіnіо
Оffіcіаl Twіtter: https://twіtter.cоm/VІNChаіn_іо
Оffіcіаl Medіum: https://medіum.cоm/@VІNChаіn 

Author: Kukin  https://bitcointalk.org/index.php?action=profile;u=1627784