What is VOLT?
VOLT may be a platform that permits centralized platforms like Uber, to be developed in a very suburbanized manner and allows direct delivery through P2P. Uber and different models play a job of Central management as middlemen and receive a fee of two hundredth or a lot of. VOLT’s P2P direct deal model is an associate degree economical model that aims to eliminate brokerage fee by lowering direct prices to customers and messengers, too but five-hitter, or perhaps in hopes to eliminate fully. the present delivery model may be a centralized model, with a system referred to as Hub & Spoke. This centralized model, together with DHL, has dominated the delivery market worldwide. However, the centralized model is unable to fulfill the requirements of same day delivery. the potential unit may be a blockchain-based P2P delivery model that solves the limitation of an equivalent day delivery a lot of effectively than existing models.
Features – Same day delivery
VOLT ‘s same day delivery shorten delivery time to 1-5 hours, whereas 1-3 days within the existing online store. Hub & spoke may be a system that collects all things to be shipped, classifies them, then delivers to their destination. this implies that any parcels to be delivered from thirty-second Street to 54th Street in Manhattan, American state is going to be sent to Delaware for classification and delivered back in Manhattan. this can be long and additionally incurs giant repositing prices.
In order to resolve this unskillfulness, a messenger is found close to thirty-second street collecs solely.
How will it work?
VOLT’s business model connects customers and messengers and provides custom-built algorithms that leverage massive information and an identical system that uses sensible contracts for straightforward service delivery. Customers want a potential unit coin to use this service.
When the delivery of food, goods, shipping distance, the time needed, taking into consideration the load of the products shall be determined in step with the quantity of labor issue. we tend to decide this unit of labor “Jula”. for instance, if customers wish to ship the products to a degree named A 2km away and you wish 600 Jula, and 1200 Jula is needed to ship an equivalent merchandise to B purpose 6km away. a potential unit is developing the associate degree optimum algorithmic program to calculate the quantity of this work and can introduce the bottom bid (auction) system for a few special deliveries.
A potential unit coin is needed for a service emptor to request delivery. That is, so as to request a particular quantity of Jula performance, a potential unit coin admire this can be used. The quantitative relation of this Jula to the potential unit coin isn’t perpetually constant. The quantitative relation of the primary Jula to the potential unit coin starts at one: 1. The quantitative relation is changeable in accordance with the value at the market.
Total Token supply: 4.000.000.000
Total tokens on sale: 2,000,000,000
Sales Order: 200,000,000 (SOLD OUT)
Pre-Sales: 600,000,000 (SOLD OUT)
Public Sales: 1,200,000,000 (18th might 2018 10:00 UTC)
Just for your information VOLT team has over ten years experiences in delivery business, with service referred to as “QuickQuick”. quite 100,000 Customers has been in business with QuickQuick (including partners and individual customers).
For more information click link below:
OFFICIAL SITE: https://volttech.io/
BITCOINTALK THREAD: https://bitcointalk.org/index.php?topic=3337111.0
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AUTHOR : surya67
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ETH ADDRESS : 0x05EdcD4a58624aa45b6f3d788D1dA02595C96c48