$ 0.005 3.70%
VinChain (VIN) Rank 3625
| Mkt.Cap | $ 0.00000000 | Volume 24H | 0.00000000VIN |
| Market share | 0% | Total Supply | 1000 MVIN |
| Proof type | N/A | Open | $ 0.0044 |
| Low | $ 0.0043 | High | $ 0.0045 |
!!READ ME FIRST!! : VinChain
List of actual ICO and pre-ICO cryptocurrency projects based on blockchain or without it. Vinchain is the ideal solution to the problems that face dealers and buyers in the automotive industry. Needless to say, one of the main issues is the absence of a system that verifies information on the car for both dealers and buyers. The need to fill this void of data verification is the force that drives our project.
Furthermore the generated data belongs to its creator and all of these information providers are incentivized with rewards. Every time their information gets utilized in an information request, they get a corresponding token reward (tokens paid by the data requester). VINchain gets paid by taking a small percentage from transactions. VINchain solves this problem by creating a transparent and accurate vehicle history report. We’re able to accomplish this by decentralizing data and storing it on the blockchain.
Let us tell you how does it work, first of all buyers need to get themselves registered on the website of a service provider. As soon as the registration process is completed and buyers profile gets verified, they can check the transit availability of the vehicle by entering its Chassis number or VIN number.
The short report contains an overview of the information inside the detailed report. If the report appears satisfactory to buyers in a way that it intends to contain the information they needed, then buyers may proceed to acquire the full report for a nominal fee. Further, if buyers wish to buy the complete blockchain passport of the vehicle, they may do so by making the payment using the pre-defined payment method. We are creating the future of connected cars, we just happened to start with vehicle history.
ICO «VinChain» Listed:
We will have our blockchain solution by March and we are planning on generating revenue by the end of the ICO. By the launch of our solution, our partners will accept our tokens as a form of payment. Each report through our partners will cost 25 tokens, which is equivalent to $1.25, as compared to the $8.99 that it currently costs (on EpicVin). We are predicting that this will cause the value of the tokens to jump significantly.
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Vehicle data is collected from repair shops, dealers, manufacturers, and even the vehicle itself! Because the data is decentralized, it can’t be falsified, and it is accessible by all. You can pay for requests on the blockchain with VinChain tokens, after which the tokens will be distributed between information providers depending on the value of the provided information to the community. VinChain is a decentralized blockchain database that records all information pertaining to vehicles.
We believe people should invest in VINCHAIN with full confidence. To earn VINCHAIN tokens, investors need to contribute to the crowd sale of the ICO which has been started since February 2018. People could also have earned VINCHAIN tokens by participating in pre-sale phase of the ICO. As per the information available on the official website of the ICO, people who wish to earn VINCHAIN tokens need to get themselves registered on the website of the ICO. By entering their name and email, they also need to agree to the terms and conditions of the ICO.
This information is transparent and accessible to everyone with access to the system. To protect the accuracy of information, the blockchain technology and data hashing through the SHA-256 cryptographic algorithm (sha 2 family) is used. Execute trustworthy, transparent transactions secured by blockchain.
VinChain is a decentralized network that allows you to store VIN data on the blockchain, which guarantees complete data invariability. The data that is collected is tamper proof since it is kept on the blockchain.
VINchain is creating a worldwide blockchain database of used vehicle information that is 100% transparent, reliable, and accessible by everyone. The VINchain project unites all data providers and gives the user a complete, uninterrupted vehicle record; all without the disadvantages of a centralized database. Consumers can also significantly increase the value of their vehicles at the time of the sale by contributing to the repository of data on the blockchain with help of vehicle tracking devices. VINchain is a decentralized network that allows you to store VIN data on the blockchain, which guarantees complete data invariability. You can pay for requests on the blockchain with VINchain tokens, afterwhich the tokens will be distributed between information providers depending on the value of the provided information to the community.
- We are predicting that this will cause the value of the tokens to jump significantly.
- In this network all of the data that they generate belongs to them.
- That speaks a great deal about the massive experience that we have on our side.
- VINchain is also capable of producing reports that can be ordered immediately by buyers, sellers, and other market participants.
- VINchain project unites all data providers and gives the user a complete, uninterrupted vehicle record; all without the disadvantages of a centralized database.
- VinChain is a decentralized network that allows you to store VIN data on the blockchain, which guarantees complete data invariability.
For each vehicle a blockchain passport is issued which will be stored in a distributed registry. VINCHAIN is a decentralized blockchain based used vehicle database that provides users all relevant information pertaining used automobiles. Currently, there is no such system that can provide users with accurate and transparent information about the used vehicles. Every year people from all across the globe spend millions of dollars to buy used vehicles. Unfortunately, a large number of people gets deceived by involved parties including dealers and auctioneers and they end up buying an accidental car.
The blockchain-passport of the vehicle is connected to the vehicle identification number (VIN) and placed in the VinChain blockchain system. After a careful review of the ICO, we hereby conclude that VINCHAIN is one of the best ICOs we have ever reviewed. The reason why we say so is the most wanted idea of the ICO that is not only realistic but is equally beneficial for the masses. VINCHAIN is going to be the market leader to deal with the information concerning used vehicles.
ICO «VinChain» ICO Start: 2018-02-01
VINchain is also capable of producing reports that can be ordered immediately by buyers, sellers, and other market participants. The blockchain-passport of the vehicle is connected to the vehicle identification number (VIN) and placed in the VINchain blockchain system.
VINchain project unites all data providers and gives the user a complete, uninterrupted vehicle record; all without the disadvantages of a centralized database. You can pay for requests on the blockchain with VINchain tokens, after which the tokens will be distributed between information providers depending on the value of the provided information to the community.
We have a huge team of experienced blockchain developers who are woking on executing our mission. Compared to other ICO projects that are coming out on the market, no one comes close to the amount of experience that we have. VinChain is creating a worldwide blockchain database of used vehicle information that is 100% transparent, reliable, and accessible by everyone. VINchain is a decentralized blockchain database that records all relevant information pertaining to vehicles. For each vehicle, a blockchain passport is issued which will be stored in a distributed registry.
The platform brings an innovative solution by acting as a transparent blockchain based used vehicle database to enable users to buy best vehicle deals. VINCHAIN is a blockchain based decentralized platform that intends to provide users the information they need about the automobile industry (used vehicles).
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They collect thousands of dollars worth of information from you, and you never see a cent. Ultimately what we are doing is putting people in control of their own data. We want to create a network of connected cars where all drivers worldwide are connected to VINchain. In this network all of the data that they generate belongs to them.
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Just one of our team mates, Jurgis, has a total annual turnover of more than half a billion dollars form all of his auto companies. That speaks a great deal about the massive experience that we have on our side.
In this connected network, other business models can be built on top. Things like connecting to the drivers at the exact time when they need a specific service.
