VOLT - P2P Delivery Platform Based On Blockchain
VOLT
is a platform that allows centralized platforms such as Uber, to be
developed in a decentralized manner and enables direct delivery through
P2P. Uber and other models play a role of Central Control as middlemen
and receive a fee of 20% or more. VOLT's P2P direct deal model is an
efficient model that aims to eliminate brokerage fees by lowering direct
costs to customers and messengers, to less than 5%, or even in hopes to
eliminate completely.
The
existing delivery model is a centralized model, with a system called
Hub & Spoke. This centralized model, including DHL, has dominated
the delivery market worldwide. However, the centralized model is unable
to meet the needs of the same day delivery. VOLT is blockchain-based P2P
delivery model that solves limitation of the same day delivery more
than existing models.
Decentralization
VOLT
is a decentralized platform. There is no middleman or broker, which
leads to lower the cost offered for customers, and also maximize profit
for the messengers.
Transparency
In
VOLT, we offer a transparent environment. All customers and messengers
or delivery companies benefit from the privacy and transparency of the
fees and expenses.
Security
A
secure payment system that allows two authenticated P2P entities to
send and receive money that gets held in VOLT Tokens until after a
successful exchange of services between the two parties.
Same Day Delivery
VOLT
's same day delivery shortens delivery time to 1-5 hours, whereas 1-3
days in the existing online shopping mall. Hub & spoke is a system
that collects all items to be shipped, classifies them, and then
delivers to their destination. This means that any parcels to be
delivered from 32nd Street to 54th Street in Manhattan, NY will be sent
to Delaware for classification and delivered back in Manhattan. This is
time-consuming and also incurs large warehousing costs.
In order to solve this inefficiency, a messenger located near 32nd street collects only what is to be sent nearby and delivers it as P2P so that it can be delivered within a few hours.
In order to solve this inefficiency, a messenger located near 32nd street collects only what is to be sent nearby and delivers it as P2P so that it can be delivered within a few hours.
How it works ?
VOLT's
business model connects customers and messengers, and provides
customized algorithms that leverage Big Data and a matching system that
uses smart contracts for easy service delivery. Customers need a VOLT
coin to use this service.
When the delivery of food, goods, shipping distance, time required, taking into account the weight of the goods shall be determined according to the amount of work difficulty. We call this unit of work “Jula”. For example, if customers want to ship the goods to a point named A 2km away and you need 600 Jula, and 1200 Jula is required to ship the same goods to B point 6km away. VOLT is developing an optimal algorithm to calculate the amount of this work, and will introduce the lowest bid (auction) system for some special deliveries.
When the delivery of food, goods, shipping distance, time required, taking into account the weight of the goods shall be determined according to the amount of work difficulty. We call this unit of work “Jula”. For example, if customers want to ship the goods to a point named A 2km away and you need 600 Jula, and 1200 Jula is required to ship the same goods to B point 6km away. VOLT is developing an optimal algorithm to calculate the amount of this work, and will introduce the lowest bid (auction) system for some special deliveries.
A
VOLT coin is required for a service buyer to request delivery. That is,
in order to request a certain amount of Jula performance, a VOLT coin
corresponding to this is used. The ratio of this Jula to the VOLT coin
is not always constant. The ratio of the first Jula to the VOLT coin
starts at 1: 1. The ratio is changeable in accordance with the price at
the market.
Token Flow
A
client who requires the administration can buy the coins from the
Exchange. A client will buy 100 coins for the conveyance benefit that
costs 100 coins. The client will pay 100 coins to VOLT where VOLT
relates the demand to the dispatcher. After the administration is
finished, VOLT exchanges 95 coins to the dispatcher. Around 5%(the rate
can be changed in accordance with amplify benefit) of the coin is
utilized as a commission to the organization benefit. The organization
offers the coin earned to the Exchange to deliver income.
The
income is utilized to keep up the organization or give profits to the
VOLT investors, yet not to the coin-holders. On the off chance that this
procedure experiences a cycle, the coin request inevitably will be
higher than the supply from the Exchange, bringing about higher cost for
the coins. A mix of calculations and current coin value, VOLT alters
the coin/Jula rate. In long haul, coin/Jula rate will increment, and
along these lines ready to possess higher Jula with 1 VOLT Coin. What's
more, subsequently builds the estimation of Jula.
VOLT Token Sale Plan
Total Tokens Issued: 4,000,000,000
Total token for sale: 2,000,000,000
Total token for sale: 2,000,000,000
Reservation Sale: 200,000,000
Pre-Sale: 600,000,000
Public Sale: 1,200,000,000
Exchanging with other currencies will only be available after token sale is finished.
Roadmap
Team & Advisors
- Philip Lee (CEO)
- Sangchun Shim (CSO)
- Jieun Dino Lee (Co-founder and board member)
- Gyeongrae Cho (Sales and Marketing Team Leader)
- JaeWoo Lee (Advisor)
Investment & Bussines Partners
Curious about VOLT watch here:
For More Information, Please Visit the Website below :
Website: https://volttech.io/
Facebook: https://www.facebook.com/VoltTechnology1
Twitter: https://twitter.com/Volt_Technology
Telegram: https://t.me/voltico
Profile : abdullahtakesi
My ETH : 0xC0134c6deB80a4550408dBF7E56c864d4BF6E65e
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