Vehicle Industrial Revolution With Blockchain Technology By VLB

The automotive spaces are very broad in terms of market value and the breadth of different sectors. In Europe and North America, the size of the vehicle industry rose from $ 1.8 trillion and covered sectors such as: vehicle sales, parts, auto insurance, automotive finance, and car repairs. Putting these separate sectors into a blockchain-based ecosystem into an exciting business opportunity and streamlining existing industry practices.

There are two aspects of the interaction between participants in the vehicle industry that make blockchain profitable as the underlying technology for modernizing relationships in the industry. The two most important aspects are: integrity and records, and certain relationship requirements.

First, the accuracy and timeliness of the records is essential to enforce the various warranty protections, maximize the resale value of the vehicle, ensure the authenticity of parts, achieve more accurate and cost-effective insurance claim management, monitor compliance with recommendations to business partners, and optimize them. pricing policy through reliable actuarial inputs.

Second, the establishment of certain legal and operational relationships between industry actors may depend on certain conditions met. For example, auto loans can only be granted if the car owner issues an insurance policy from a provider that is acceptable to the lender. Or an item may be transferred from the seller to the buyer only if the item is free from any obstacles. Although this aspect does not require continuity, it can be handled effectively through the use of smart contracts.

About Carfix
CarFix is a developer of Vehicle Lifecycle Blockchain that has created a broad industry player ecosystem within the vehicle industry and is currently selling VLB tokens to develop its projects.

CarFix, the creator of the transactional platform for vehicle maintenance and repair, announces the launch of the ICO scheduled for late November. The objective of ICO implementation is to earn up to 300,000 ETH to develop and implement a blockchain platform for the $ 1.8 trillion vehicle industry.

CarFix was launched 18 months ago in Moscow and St. Petersburg and, having accumulated more than 5 million Euro, has grown into a major ecosystem in the field of auto repair and spare parts. The CarFix ecosystem currently includes more than 500 workshops, 10 largest spare parts distributors, large dealers, over 250,000 users where 50,000 customers are regular customers.

CarFix has developed software systems for the following industry participants: car owners, workshops, spare parts distributors and fleet management companies. Software that will provide access to existing ecosystems to insurance providers, car lenders and car manufacturers is currently under development.

CarFix has partnered with Qiwi Blockchain Technologies and has assembled a leading blockchain expert team to develop Vehicle Lifecycle Blockchain (VLB).

VLB implementation will occur in two stages: the first is a launch in an existing ecosystem with CarFix acting as a moderator and subsequently a decentralized deployment beyond CarFix's business by a consensus mechanism.

The launch of VLB tokens is different from other ICO's, that is, the following way:

CarFix has built a successful business in the real world that demonstrates the viability of the vehicle business model
Leading blockchain engineers are behind the feasibility of creating blockchain described in the White Paper
In most of the first present ICO and implementation and concrete proof of its business concept is not sufficiently explored. With VLB, business operations are in a growth phase with most of the developed blockchain systems
More than 10,000 ETH worth of VLB tokens have been sold privately to institutional investors

Details of ICO
Total Token total of 250,000,000 VLB, of which 200,000,000 VLB will be sold to the public.ICO will start on November 27, 2017 and end on December 17, 2017.

Token Distribution
80%: Public sale
8%: Personal placement
8%: Network Growth
4%: Given for advisors and for bounty programs

Price Token VLB
November 27 - December 1: 1 VLB = 0.001183 ETH
December 2 - December 6: 1 VLB = 0.001282 ETH
December 7 - December 11: 1 VLB = 0.001399 ETH
December 12 - December 17: 1 VLB = 0.001538 ETH

Bonus
November 27 - December 1: plus 195 VLB
December 2 - December 6: plus 130 VLB
December 7 - December 11: plus 65 VLB

Please Visit
Website: http://vlb.io/
Whitepaper: http://vlb.io/Whitepaper.pdf
ANN: https://bitcointalk.org/index.php?topic=2325725
Telegram: https://t.me/vlb_token

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