The Concept Of Volt
Volt makes it easy for you to shop. Therefore this project is perfect for you who like to shop. You do not have to worry about how your stuff got to you, because the platform volts will overcome your problem. And for the price and ketepan this platform is very reliable.
The Volt platform uses a system similar to Grab. Only from the car app you can already use the platform. Price or postage adjusted by distance. If the distance to the destination near the shipping price you get also certainly cheaper. Simply Volt is an enhanced platform on a centralized delivery platform that exists, like UBER, to allow direct P2P delivery. By using the model you can memamngkas 5% of total costs to be incurred, because you can directly conduct transactions without going through an intermediary.
And you should know is the concept of the volt itself. Volt has a concept that is not owned by a conventional similar platform. The concept promoted by Volt to support your shopping activities, among others:
- Decentralization - This is the impact of using blockchain technology. With this technology you can directly conduct transactions without going through an intermediary. So you can get a lower price.
- Transparency - everyone involved will get allotted quota or part. And all will benefit from the transaction, and most importantly the transaction is known by all parties.
- Security - A secure payment system that allows two P2P entities to be confirmed to send and receive money held in Token VOLT until after successful service exchanges between the parties.
In order for you to use aplly or the Volt platform easily, you can use the token to be issued by this Volt Platform. You can get this token by following a purchase on both Crowdsale and ICO. By purchasing a token issued by the Volt, you indirectly have jointly assisted the development of this platform. Therefore do not miss your token date and time of the Volt. Information about the token in detail you can see in the paragraph below
VOLT is a platform that allows centralized platforms such as Uber, decentralized and allows direct delivery via P2P. Uber and other models play the role of Central Controller as an intermediary and receive 20% or more. The direct P2P VOLT 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 delivery 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.
EXISTING DELIVERY SYSTEM
First-generaon system
The first generaon delivery system operated by the individual customer calling the regional call-center, and the center dispatching theirmessengerortransferring the call to a suitable call-center.
This system required the call-center agents to allocate nearby messengers manually, thus the messengers had to be on standby. In addion, the trouble of searching for a messenger nearest to the package, negoang prices and arranging the delivery service proved to be me consuming and inefficient. In return, the delivery process was slowed and the cost ofoperang the call-centerincreased. In fact, the customers were not nofied with the final price of the delivery and thus required to call-in for confirmaon.
This operaon set back the system even further by slowing down the customer
service team.
Second-generaon system
Developed upon resolving the First-generaon system's regionally restricted services, the Second-generaon system implemented the centralized delivery system including companies such as UBEReats. A customer places an order through a centralized server in which the messengerthen confirms and accepts the orderto deliver. The pivotal difference between the first and second generaon is the use of centralized server as a replacement ofthe mulple call-centers
The majorlimitaon ofthis centralized serveris the operaonal cost. If a customer orders delivery from UBER, which operates via a centralized server, the customer pays $10 USD. UBER credits $2.5 USD for themselves and the messenger receives $7.5 USD. This means that the customeris responsible for sustaining the operaon of the centralized server. That’s why we asked: Would the eliminaon of the centralized serverminimize cost?
LIMITATION OF EXISTING DELIVERY SYSTEM
There are 3 main pares that parcipate in the exisng delivery system; The customerthat requested delivery, the intermediary agent and the messenger.
If person A sends a food delivery request to person B, person B then contacts person C to iniate the delivery. Through this operaon, person B receives 23% commission, whereby a large amount of the overhead flows towards person B.
This organizaon (structure) raises 2 crical problems.
- Unnecessary overhead cost has to be paid from the customer
- Having exclusive messengers within a system eventually increases the distance for pickup, and consequently the final delivery price
THIRD-GENERATION VOLT P2P DELIVERY PLATFORM
A plaorm
that ulizes
the second-generaon
P2P plaorm,
such as
UBER, increases its cost by 25% due to its centralized server. VOLT's
third-generaon
P2P plaorm
ulizes
Blockchain's decentralized system
to decrease the price by25%, eliminang
the intermediaryoverhead.
The decentralized delivery plaorm
operates through 2 engines; One is
operated by decentralized ledger, and the second is an automated pricing
calculaon
bythe Arficial
Intelligence (AI).
DECENTRALIZED LEDGER AND MULTI SIG
Tradionally,
when ‘Alice’ delivers a package to ‘Charlie’ through the
messenger ‘Bob’, she relied on the centralized server, thus the server's
administrators managed the ledger. Such ledger-keeping is done with
consideraon
of mulple
overheads; including accounng
department,
profit management department, execuves,
markeng
and PR
department. However, VOLT is not operated through a specific
company's call center, but by a P2P decentralized ledger. It is operated by
automated blockchain technology ratherthan a specific enterprise. Thus,
the delivery ledger is automacally
managed via mul
sig between the
sender, ‘Alice,’the messenger‘Bob,’ and the receiver‘Charlie.’
The next queson
is, what are the costs required to replace the
centralized server? VOLT's delivery system produces a decentralized
ledger depending on the delivery's smart contract. These
decentralized ledgers are shared and the transacon
is processed by
miners that validate the 'Block'. The cost is dropped below 1% of the
total deliverycost as it onlyrequires gas cost in ERC20.
Hub & Spoke to VOLT Blockchain
The delivery service market is dramacally
increasing worldwide. The
online shopping market expands more than 20% annually, and its
expansion is directly correlated with the delivery service market. Even
the food delivery service market has recently increased dramacally
worldwide, causing a correlated increase in the delivery service
market, as well. Both online shopping and food delivery crically
require an efficient, reliable and speedydeliverysystem.
Furthermore, another change in the delivery service market is the
growing demand of faster delivery opons.
Amazon has started to
offer a “Same Day Delivery” service in only a few regions ofthe United
States and Singapore. The South Korean company Coupang offers
“Rocket Delivery,” which is a guaranteed “Next Day Delivery.” This
delivery opon
has maximized Coupang’s revenue from 90 billion to 2
trillion KRW, making them a 2 trillion-valued Unicorn company.
The widespread use ofthe centralized Hub & Spoke plaorm,
a model
DHL incorporated, undoubtedly allowed faster deliverywhile lowered
price for long-distance delivery, which brought in innovave
distribuon
success. Similar success to the IT's “cloud” service;
Amazon lowered individual server costs and allowed efficient data
transfer by implemenng
an innovave
“cloud” that is a centralized
server. This centralized system requires an inial
hub that coalesce
items or data, then items are distributed accordingly. For example,
delivery packages from cies
adjacent to Delaware coalesce into
Delaware first to be sorted and distributed to the final desnaon.
Nevertheless, most delivery companies can only offer “Next Day
Delivery” and do not hold the capacity to offer “Same Day Delivery”
(immediate delivery). This is due to the fact that the centralized
delivery system has simply reached its limitaons
and cannot facilitate
the speed necessary, nor does it have the ability to provide an
affordable service using the current model. If person A from
Manhaan
NewYork, forinstance, needs to send a package to person
B in Queens, the package has to go through a detourin Delaware to be
sorted – which takes up to 2 extra business days, causing inefficiencies
and delays in delivery. The main reason for this inefficiency can be
illustrated from the schemacs
above.
AUTOMATED PRICING BASED ON DEEP LEARNING
Exisng
delivery prices are either conngent
upon a manual
calculaon
from experienced call-center employees or upon a fixed
price-table according to the distance travelled. This structure,
however, has mulple
variables and requires an intermediary to
operate. For instance, during inclement weather, the price will
immutably increase by the lawof supply and demand, as the numberof
messengers will temporarily plummet. The order cannot be processed
unless the price is increased to correlate with the severity of the
weather, as a limited pool of messengers will be available.
Furthermore, the fluctuaon
of the price can be seasonal; a rapid
increase in price during the holiday seasons, such as Thanksgiving and
Christmas, when there is an influx in the deliverydemand.
When a messenger delivers within Manhaan,
one could pickup
another delivery on the return journey, resulng
in higher profits for
the messenger and lower delivery prices. However, if the messenger
delivers from Manhaan
to Hoboken, New Jersey, one may return
back with an empty hand, resulng
in the round trip price being
included to the final delivery price. To decentralize, a complete
automated pricing system is compulsory. VOLT is one of the first
companies that has commercialized this upon the recent development
ofDeep Learning technology.
EFISIENSI SISTEM GENERASI TIGA VOLT
VOLT's decentralized shared delivery plaorm
has the following
advantages overotherplaorms
as shown in the table below.
The centralized Hub & Spoke plaorm
is remarkable when it comes to
convenience, even with its limitaons.
The analysis of recent “Same
Day Delivery” demands highlighted that most of the demand was for
important documents or for delivery within a city. Placing a large
physical hub in a city to perform these orders can be both cost and
me
consuming. The Hub & Spoke method is characterized by its high
network investment cost and low operaonal
cost. Referring to these
characteriscs,
implementaon
of a Hub & Spoke plaorm,
i.e.
building a hub in rural areas is very cost-effecve
but it lacks efficiency
in cies.
Amazon's “Same DayDelivery”is, in fact, a business operang
through
purchasing and reselling inventories, rather than a business providing
a delivery service. This system, however, is extremely inefficient as it
requires enormous amounts of financial cost that the individual
enterprises involved with Amazon are responsible for, not Amazon
themselves.
How it works in the Market
The VOLT business model connects customers and couriers, and provides custom algorithms that utilize Big Data and 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, time taken, taking into account the weight of the goods will be determined in accordance with the number of job difficulties. 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 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 required for service buyers to request delivery. Namely, to request some performance of Jula, the appropriate VOLT coin is used. The ratio of Jula to VOLT coins is not always constant. The ratio of the first Jula to VOLT coin starts at 1: 1. The ratio may change according to the market price.
TOKEN FLOW
Customers who need services can purchase coins from Exchange. A customer will buy 100 coins for a 100-coin shipping service. 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 Exchange supply, which results in a higher price for the coin. Combination of current algorithm and coin price, VOLT adjust value of coin / Jula. In the long run, the coin / Jula rate will increase, and thus can have a higher Jula with 1 VOLT Coin. And consequently increase the value of Jula.
A customer who requires the service can purchase the coins from the
Exchange. A customer will purchase 100 coins for a delivery service
that costs 100 coins. The customer will pay 100 coins to VOLT then
VOLT corresponds the request to the messenger. Aer
the service is
completed, VOLT transfers 95 coins to the messenger. Approximately
5% of the coin is used as a commission to the company profit. The
percentage of commission is subject to vary and is not constant. The
companysells the coin earned to the Exchange to produce revenue.
The revenue is used to maintain the company or provide dividends to
the VOLT shareholders, but not to the coin-holders. If this process
goes through a cycle, the coin demand will eventually be higher than
the supply from the Exchange, resulng
in an increase in value for the
coins. A combinaon
of algorithms and current coin price will be used
by VOLT to adjust the coin/Jula rate. In the long term, the coin/Jula
rate will increase and one will be able to purchase more Jula for 1 VOLT
Coin. This will consequentlyalso increase the value ofJula
ROADMAP
DEVELOPMENT
The development of VOLT's blockchain delivery system will proceed in sequenal
order. The Arficial Intelligence (AI) will be developed first to allow P2P communicaon between the customers and messengers. The implementaon of ERC20-based cryptocurrency VOLT Coin will allow customers to request and order a delivery service with convenience. In addion, anyone could request to be a messenger, even without a vehicle, which will increase the overall economic acvity.
Here is what VOLThas planned:
2018
April - MAY : ICO Start
ICO Pre & Public Sale
May : Lisng Preparaon
ICO Complete & Proceed Lisng
Meeng
June: Blockchain Backend Start
VOLT Blockchain Backend Start
July: Meetup in Seoul
Meetup in Seoul / Contract with PR company
August: Android Version Complete
VOLT Android Version Development Complete
September: iOS Version Complete
VOLT iOS Version Complete
October: Service Partners Contracts
Service Partners Contracts / PR Promoon
November: Blockchain Based Service Start
VOLT Token can be used at various delivery services
December: Meetup with Internaonal
Conference
Meetup with Internaonal
Conference
ROADMAP Roadmap
- hps://volech.io/
- Page 23
2019
January: Web Version Service
VOLT Web Version Service Start
February: App Upgrade
VOLT App Upgrade
March: Deep Learning Apply
VOLT Deep Learning Apply
April: Deep Learning Version Upgrade
VOLT Deep Learning Version Upgrade
FUND ALLOCATIONS
Token: VOLT
Platform: Ethereum;
Cost: 50,000 ACDC = 1 ETH;
ICO: 10/05/18 - 05/31/2018
Total number of tokens: 1 200 000 000 000
Payment method:
The proceeds from ETH token sales will be forwarded to:
60% - further platform development;
10% - operating costs;
10% - Marketing companies
10% bonus program;
5% - Security and auditing;
5% - Compliance with all legal norms.
Tokens are used for platform participant interactions, service payments, and users can not order goods. The acquisition token collected by the commission is exchanged by the company.
The VOLT platform is designed to connect service and consumer merchants directly through convenient services using smart contracts and individual algorithms. The cost is determined by the classical method, depending on the distance and weight of the goods. Courier companies, shipping companies, and customers benefit from using VOLT services. Safe, affordable, and reliable. This is a very interesting idea. We are lacking in everyday life. Take a look at the official website to see the progress of the project during ICO. You can contact the team there and learn more about future plans.
ICO Terms and Conditions
Token: VOLT (ACDC);
Platform: Ethereum;
Type: ERC20;
Price: 50.000 ACDC = 1ETH;
Primary sale: 10.05.18 - 31.05.2018
Number of tokens: 1 200 000 000ACDC
Possible attachment: ETH
Soft cap: 200.000.000 ACDC
Hard cap: 2,000,000,000 ACDC
Country: Singapore;
Limitation on participation: China, USA.
Conclusion
If we want to get the package from someone too far away. It will spend more money and will spend more precious time for us. Using the Volt token means the primary currency - each activity will be executed and implemented via a token. If someone is interested in being an investor, they can always take part in selling tokens.
MORE INFORMATION PLEASE VISIT LINKS BELOW:
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
Untaian bounty : https://bitcointalk.org/index.php?topic=3337111.0
Telegram: http://t.me/voltico
DIAH PERMATASARI
my profile: https://bitcointalk.org/index.php?action=profile;u=926623
my ETH address: 0x7c4ef6d5C88D06D8BD6C0c5d4df1bD0C13496f32








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