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Saturday 19 May 2018

VOLT - P2P Delivery Platform Based on Blockchain


    In the Globalization Era where more people do their job by online and everyone does not want to waste their time doing less important things. Even when someone is too busy to shop, and the only way is to rely on online shopping. And also to buy something as online of course delivery service is needed to get to the destination. However, the problems that exist today most of the delivery service market such as the estimated price of services, limited delivery speed, the quality is not in accordance with the expectations of most people, So the Volt platform is present to solve this problem.

What Is Volt?

    VOLT is a platform that allows centralized platforms such as Uber, to be decentralized and allow direct delivery via P2P. Uber and alternative models play the role of Central Controller as a negotiator and receive a fee of 2 hundredth or more. P2P VOLT direct transaction model is an efficient model that aims to eliminate brokerage costs by lowering direct costs to customers and couriers, to less than 5%, or even in the hope of eliminating completely.
    The existing delivery model could be a centralized model, with a system referred to as Hub & Spoke. This centralized model, including DHL, has dominated the worldwide shipping market. However, the centralized model can't meet the same day delivery requirements. VOLT is a blockchain-based P2P delivery model that completes the same day delivery restrictions over existing models.

The Purpose Of Volt

    The purpose of Volt is to solve all the problems in delivery services, Which Volt is an enhanced platform for existing central delivery platforms, such as UBER, to enable direct P2P delivery. The P2P model allows between courier and customer to communicate directly without an intermediary so that it will reduce the cost by less than 5%.

How Volt Works

    The Volt business model connects customers and couriers to provides custom algorithms that utilize massive information and therefore the corresponding system that uses smart contracts to facilitate the delivery of services. Customers need VOLT coins to use this service. When shipping food, goods, shipping distance, the time taken, considering the weight of goods will be determined in accordance with the number of the difficulty of the job. This work unit is called "Jula".

    For example, if a customer wants to send the goods to a point called city A 5km away and you need 900 Jula, and 1800 Jula is required to ship the same item to city B point 7km away. VOLT develops the optimal algorithm to calculate this amount of work and will introduce the lowest auction system (auction) for some special shipments.

    VOLT coins are needed for service consumers to request delivery. Namely, to request some performance of Jula, the suitable volt coin is employed. The ratio of Jula to volt coins isn't perpetually constant. The ratio of the first Jula to volt coin starts at 1: 1. The ratio may change according to the market price.

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

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

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