ICO NEWS & INFORMATION

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Sunday 15 April 2018

VINchain - Decentralized Platform for Storing Data in Cars

    In the modern era, having the vehicle such as a car is no longer a luxury. Almost everyone has a car and we can choose to buy a new car or use the old car but with good engine quality. If we buy a used car we definitely want to get the best quality and sometimes it is very difficult. This problem that can distinguish a decent or bad used car, seller's dishonesty against the feasibility or lack of a car that can lead to fraud. Therefore VINchain provides solutions by providing more symmetric information.

What Is VINchain?

    VINchain is a decentralized vehicle database that will collect all relevant information about the vehicle used, including repair records, accident history, mileage, and other relevant information. The idea of this project is to resolve the matter of uneven vehicle info on the market utilized by making a decentralized and clear blockchain info that records all information relating to used vehicles.

The Purpose of VINchain

    VINchain aims to change the global market of used cars by making them honest, transparent, reliable, with equal access information for each participant.

How VINchain Works?

    The buyer enrolls on the service provider's website or in the mobile app. When registration is approved the buyer is allowed to check the vehicle Blockchain and the availability of the passport to enter the VIN number of the vehicle. The service provider verifies the Buyer's request by checking the availability of data in all the databases of the service provider and providing a brief report to the buyer free of charge.
    This free brief report is a view of the amount of information contained in the full report. If a buyer is satisfied with a brief report, they can go ahead and purchase the full report. If Buyer decides to make a purchase, then payment can be made by the method specified.

VINchain App

    The VINchain application can create vehicle use as secure as potential with in-depth analysis, behavioral analysis, and diagnostic watching thus on drive confidently and certainty.
    This application will not damage the journey And we do not have to worry about the information obtained. Since the main source of VINchain vehicle information has been provided by manufacturers, car dealers, automotive services, banks, other lending institutions, leasing companies, DMV, specialized databases, ODB applications, the vehicles themselves, and from many other sources. Besides that, VINchain already working with Epicvin.com which is ready to provide information to make many VINchain partners will have as much relevant vehicle information as possible.

ICO

Sales phase is divided into 2 stages as follows:
  • Pre-ICO - Held from 1st-24th of  December 2017 and amount 12,500,000 tokens will be available for 1 ETH = 28.000 VIN.
  • ICO - Held from 1st-15th of April 2018 and amount 600,000,000 tokens will be available, and from 16 to 23 April all tokens purchased will be locked.


ICO Stage

ICO is held in 7 stages and each stage has a certain amount of ETH that can be collected. as shown below:

Bonus & Discount


Roadmap





Team







Advisors




Partners


Media


For more information about VINchain, Please visit the link below:

Created By: INAQAMAQQU
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1113323
Telegram: @inakamakku
ETH Address: 0xb01ED849a9f602cb01b62A5072d79182bc230f20

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