VINCHAIN – The Whole Truth About a Vehicle’s History on a Blockchain

VinChain blockchain is a database that records all information relating to the vehicle. For each vehicle, the information accumulated during the entire period of use. This history is transparent and accessible to everyone. To protect the accuracy of the information, distributed storage technology used. This guarantees absolute reliability and data security. Every day hundreds of thousands of used cars for sale in the world, and
every buyer wants to get reliable information about the condition of the car technically. This is a matter of security, finance, and security matters.
Unfortunately there is not a single car database. There are commercial base, but did not solve this problem. Their information is stored centrally and there is the risk of wrong. Commercial Base is closed and do not exchange information among themselves. As a result, a car buyers at risk of resign and lose money.

DESTINATION VINCHAIN
Create blocks with varying levels of access to and protection of information.
Data security level should correspond to the needs of government agencies.
Bringing together the participants in the automotive industry, such as manufacturers, insurance companies, dealers, workshops, developer of the navigation system, it becomes a single ecosystem for the purposes of the exchange of data.
Create the infrastructure and provide direct access to the database for each market.

HOW IT WORKS VINCHAIN
Because the only sellers who are aware of the actual condition of the rescue, then the car is not easy for the buyers to predict whether the car is really in good condition or bad.
VinChain is a market leading decentralized automotive data in the world. VinChain Team work to ensure full transparency about the history of a vehicle.

OPERATING SYSTEM VINCHAIN
When we receive the request blockchain, we find the data in the entire chain and we create and submit information in a structured form. The cost for such information received by a member registers for which information is used. Either the seller or buyer of used vehicles would benefit from eliminating the asymmetric information of the used car market.
When the buyer knows all the information about a particular vehicle, this will create confidence in the process and prepare to pay more. For sellers, publish the entire history of the vehicle increasing the value of the car at the time of the sale. If the buyer knows the operational history of the vehicle in full, he has the assurance that the vehicle maintains a certain level of value. The same cannot be said about the vehicle without a report.

DIFFERENCE VINCHAIN AND OTHER TECHNOLOGIES
When we receive the request blockchain, we find the data in the entire chain and we create and submit information in a structured form. The cost for such information received by a member registers for which information is used. Either the seller or buyer of used vehicles would benefit from eliminating the asymmetric information of the used car market.
When the buyer knows all the information about a particular vehicle, this will create confidence in the process and prepare to pay more. For sellers, publish the entire history of the vehicle increasing the value of the car at the time of the sale. If the buyer knows the operational history of the vehicle in full, he has the assurance that the vehicle maintains a certain level of value. The same cannot be said about the vehicle without a report.

TOKENS FOR SALE
We have established a reasonable minimum purchase of $1, but there is no upper limit. The accepted currency is USD, BTC, ETH-XRP, LTC, WAVES, and the EURO.
Pre Sales
December 1, 2017 14:00 UTC-December 24, 2017 14:00 UTC
Sales
March 22, 2018 14:00-April 15, 2018 UTC 14:00 UTC
The token Role to enable trade data between data owners and buyers
Symbols Of VIN
Provide 1 ‘ 000 ‘ 000 ‘ 000 VIN
Sale of 600 ‘ 000 ‘ 000
Emission Levels VIN No new token to be created
Price of 1 VIN = 5 cents
The currency received ETH, BTC,-XRP, LTC, WAVES, USD, EURO
The sales period is 22nd March 2018 14:00 UTC until April 15, 2018 14:00 UTC
Token distribution April 17 April 29, 2018
The purpose of the minimum $5 million
The purpose of a maximum of $34.5 million

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DETAIL INFORMATION :
WEBSITE: https://vinchain.io/en
WHITEPAPER: https://vinchain.io/files/white_paper.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=2349186.0.LE

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