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Sunday, May 20, 2018

VOLT - P2P Delivery Platform Based on Blockchain



Salam community, in this Blog I will describe about the project Volt, and the following discussion:

VOLT, P2P Delivery Platform based on Blockchain

Concept
All Goods Moving With VOLT


VOLT is a platform that allows centralized platforms such as Uber, to be decentralized and allow direct delivery via P2P. Uber and other models play the role of Central Controller as an intermediary and receive a fee of 20% or more. The 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 is a centralized model, with a system called Hub & Spoke. This centralized model, including DHL, has dominated the worldwide shipping market. However, the centralized model can not meet the shipping requirements on the same day. VOLT is a blockchain-based P2P delivery model that completes the same day delivery restrictions more effectively than existing models.

The core concept


Decentralization
VOLT is a decentralized platform.
There is no intermediary or brokerage, which leads to lower cost offered to customers, and also maximize profits for the messenger.


Transparency
At VOLT, we offer a transparent environment. All customers and couriers or shipping companies benefit from privacy and transparency of costs and expenses.


Security
A secure payment system that allows two P2P entities is confirmed to send and receive money held in Token VOLT until after successful service exchanges between the parties.

features

Same Day Delivery
Same day delivery VOLT shorten delivery time to 1-5 hours, while 1-3 days in existing online shopping center. Hub & spoke is a system that collects all the items to be shipped, grouped them, and then delivered to their destination. This means that any package that will be shipped from 32nd Street to 54th Street in Manhattan, NY will be sent to Delaware for classification and shipped back to Manhattan. This is time consuming and also leads to huge warehousing costs.

To overcome this inefficiency, a courier located near the 32nd street only collects what will be sent nearby and sends it as P2P so it can be delivered within a few hours.


There are various regulations and requirements for shipping service in every country and region. However, technically there is no way to set the VOLT user. Therefore, VOLT users do not need to spend time and money to comply with these regulations.

Market
Worldwide Shipping Market 10 Trillions USD


Annual Market Growth of 20%


How it works in the Market
The VOLT business model connects customers and couriers, and provides customized algorithms that utilize Big Data and a suitable system that uses smart contracts for easy service delivery. Customers need VOLT coins to use this service.

When delivery of food, goods, shipping distance, time taken, taking into account the weight of the goods will be determined in accordance with the number of difficulty of work. We call this work unit "Jula". For example, if the customer wants to send the item to a point called A 2km away and you need 600 Jula, and 1200 Jula is required to send the same item to B point 6km away. VOLT is developing an optimal algorithm to calculate this amount of work, and will introduce the lowest (auction) auction system for some special shipments.


VOLT coins are required for service buyers to request delivery. That is, to request some performance of Jula, the corresponding VOLT coin is used. This ratio of Jula to VOLT coins is not always constant. The first Jula to VOLT coin ratio starts at 1: 1. The ratio may change according to the price in the market.

Token Flow
Customers who need services can purchase coins from Exchange. A customer will buy 100 coins for a shipping service that costs 100 coins. The customer will pay 100 coins to VOLT where VOLT is on demand to the courier. After the service is complete, VOLT transfers 95 coins to the courier. Approximately 5% (tariffs can be adjusted to maximize profits) coins are used as commissions for corporate profits. The company sells coins earned to the Exchange to generate revenue.

Revenue is used to defend the company or give dividends to VOLT shareholders, but not to the coin holders. If this process runs through the cycle, the coin demand will eventually be higher than the supply of the Exchange, which results in higher prices for the coins. Combination of the algorithm and the current coin price, VOLT adjusts the value of the coin / Jula. In the long run, the coin / level of Jula will increase, and thus can have higher Jula with 1 VOLT Coin. And consequently increase the value of Jula.


The above example assumes a situation where 1 VOLT equals 1 Jula, and the cost VOLT charged for the sender of the message is 5% of the consumer price regardless of the VOLT-Jula calculation rate change.

ICO Package
Sales Plan Token VOLT


Budget allocation


Roadmap
04 APRIL ICO Start
ICO Pre & Public Sale

05 MAY Listing Preparation
Complete ICO & Resume List of Meetings

06 JUNE Blockchain Backend Start
Backend VOLT Blockchain Start

07 JULY Meetup in Seoul
Met in Seoul / Contract with PR company

08 AUGUST Android Version Complete
Full Version Android VOLT Development

09 SEPTEMBER Full Version of iOS
Complete iOS VOLT Version

10 OCTOBER Partner Service Contracts
Partnet Service Contract / PR Promotion

11 NOVEMBER Blockchain Based Service Started
VOLT tokens can be used in various shipping services

12 DECEMBER meetings with the International Conference
Meet the International Conference

01 Web version services JANUARY
Web version VOLT service

02 FEBRUARY Application Upgrades
Upgrade VOLT Application

03 MARET Deep Learning Apply
VOLT Deep Learning Apply

04 Upgrade APRIL Deep Learning Version
Upgrade VOLT Deep Learning Version

Management and Development Team


For more information about current Volt, please visit some of our website below:


The bitcointalk name: Icaica22

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