VOLT P2P Delivery Platform based on Blockchain.
VOLT is a platform that allows to decentralize central platforms such as Uber and enable direct provision via P2P. Uber and other models play the role of Central Supervision as an intermediary and receive a fee of 20% or more. Direct P2P VOLT transaction model is designed to reduce brokerage costs by reducing or even eliminating direct costs to customers and operators less than 5%.
The existing deployment model is a centralized model with a system called Hub & Spoke. This centralized model, including DHL, has dominated the global delivery market. However, the centralized model can not meet the delivery requirements on the same day. VOLT is a blockchain-based P2P delivery model that overcomes the same delivery restrictions over existing models.
Decentralization
VOLT is a decentralized platform. There is no intermediary or agent, leading to lower costs for customers and also maximizing profits for couriers.
transparency
At VOLT we offer a transparent environment. All customers and operators of the confidentiality and transparency of costs and expenses.
security
A secure payment system that allows two confirmed P2P companies to send and receive money stored in VOLT tokens until successful service exchanges between the parties.
Same day delivery
Giving VOLT on the same day will be shorten delivery time to 1-5 hours, while 1-3 days will be in the existing online shopping center. Hub & Spoke is a system that collects, classifies, and then sends all the goods to be sent to their destination. This means that all packages shipped from 32nd Street to 54th Street in Manhattan, NY will be sent to Delaware for classification and returned to Manhattan. This is time consuming and also leads to huge storage costs.
To correct this inefficiency, a messenger is only near 32nd Street Collection.
How does it work?
The VOLT business model connects customers and operators, providing an ordering algorithm that utilizes large data and matching systems that use smart contracts for easy service delivery. Customers need VOLT coins to use this service.
If the delivery of food, goods, delivery distance, time required, calculate the weight of the goods will be in accordance with the number of difficulty of work. We call this work unit "Jula". For example, if the customer wants to send the goods 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 will develop an optimal algorithm to calculate the scope of this work and will introduce the lowest bidding system (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 appropriate 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 vary according to market price.
token River
A customer who needs administration can buy coins from the stock market. A customer buys 100 coins for the benefits of transportation, which costs 100 coins. The customer pays 100 coins to VOLT, with VOLT forwarding the request to the dispatcher. After administration is complete, VOLT redeems 95 coins with the dispatcher. Approximately 5% of the coin is used as a commission for the benefit of the organization. The organization offers the earned coin purse to earn an income.
VOLT investors, but not the coin holders. When this process runs through the cycle, the demand for coins is definitely higher than the supply of the stock market, which causes higher costs for coins. Calculation mix and current coin value, VOLT change the coin exchange rate / jula. In long-distance traffic, the coin exchange rate / jullo is raised and in this direction is ready to have a higher blow with 1 VOLT coin. In addition, Jula's estimate increases.
Plan sales of VOLT tokens
Total token issued: 4,000,000,000
total markers for sale: 2,000,000,000
Sale of booking: 200,000,000
Sales upfront: 600,000,000
General sales: 1,200,000,000
Exchange with other currencies is not available until the token sale is complete.
Roadmap
team & consultant
Jieun Lee is one of the founders of QuickQuick (former VOLT brand name) and current non-executive board member. He is also one of the founders of LightUp, a service that provides consumers and businesses with a communication platform for social change. Jieun has worked as an intern for international investment banks such as Lehman Brothers, Credit Suisse and UBS to gain his business skills. He has a degree in economics from the University of Michigan.
Mr. Cho is the head of our VOLT sales team. He has worked with Haitai Group, Pantech, and Nokia in business and sales analysis. With his technological insights, he specializes in the distribution of technology-based industries. He completed his engineering course at Korean University.
Mr. Jae Woo Lee is co-founder and CEO of Vogo Fund Asset Management Co., a well-known private equity fund company in Korea. Before establishing Vogo in 2005, Mr. Lee Country is the CEO of Lehman Brothers Korea, where he built a large investment bank and a capital market platform. Since starting his financial career with Citibank, he has spent 35 years in various areas of finance in Hong Kong and Seoul. Mr. Lee is chairman of the Korea Personal Equity Association for several years and advises the Korean government as a member of the Financial Market Development Committee.
For more information:
Website: https://volttech.io/
Whitepaper: https://volttech.io/public/Final%20VOLT%20White%20paper%200410.pdf
Ann thread: https://bitcointalk.org/index.php?topic=3285508.0
Bounty thread: https://bitcointalk.org/index.php?topic=3337111.0
Telegram: http://t.me/voltico
author: resin
profilelink: https://bitcointalk.org/index.php?action=profile;u=1764605
ETH: 0xC020707CB64a02B77f47787C6C9Ca2Fdf127c12E
