Do you know you can own 80% of the total tokens on AlphaCar?
It is no news that the automobile industry is one of the wealthiest markets to invest in but yet, some people still lose due to certain limiting factors facing the industry. AlphaCar a decentralized platform has created a safe place where virtually everyone in the automobile industry can easily interact and make transactions in its Community Token Economy. The platform is out to resolve these issues and reward every user for their engagements.
AlphaCar Community Token Economy is designed by the development team to serve the global automotive industry in order to transform the existing lemon market into a 10 trillion dollar safe market. Unlike other existing solutions, AlphaCar ensures lower transaction cost and increased efficiency for the betterment of the market. If you need a safer and reliable platform for your vehicles or automobile industry, then AlphaCar is the place.
FEATURES of AlphaCar
AlphaCar technology is successfully built on three (3) main frameworks.
BLOCKCHAIN TECHNOLOGY
For a secure transaction, AlphaCar uses a public Blockchain technology to record and keep all information between consumers and auto service providers. It ensures every user get rewarded for their engagement in the community. Due to the issues facing the existing Blockchain technology, the platform invented a data-on-chain dApp (a back-end software that requires no real-time implementation) making it easier and faster for users to access any information.
The Blockchain technology used by AlphaCar comprises of the following:
• Open Platform and Data Storage, Query and Validation: These services are found on the Blockchain system. It is operated by an Inter Planetary File System (IPFS) to keep weak data and record complex data sent to the public Blockchain.
• Batch Asynchronous Processing: This process is run on the Blockchain system to ensure transparency and security of properties. It is also used to resolve complex issues facing the automobile industry.
• Voting System: The platform uses a voting system that gives communities the access to vote on dAPPs. With this, users can also select new logos and algorithm for analyzing service providers.
INTERNET of VEHICLES TECHNOLOGY (IoV)
This aspect of AlphaCar can be divided into three major structures as seen below:
• Smart Driving: To assist drivers in driving, AlphaCar established an Advanced Driver Assistant System (ADAS) in order to ensure adequate safety measures, improve IoV, and low-latency network standard.
• Car Sharing: This was designed majorly for the public transport system. Cars under this system are properly managed, and access to these vehicles at different parks is ensured.
• IoV Structure: This device is used in gathering relevant data which are later transmitted to the cloud for statistical analysis. After this, car owners will be informed of any risky data for security and maintenance purposes.
BIG DATA TECHNOLOGY
This is another major component of AlphaCar on which the platform operates. It handles large equipments and vigorous real-time data in order to encourage personalized auto insurance pricing, ensure transparency, effectiveness and optimized services to car owners.
It covers two main services such as:
- Data Source: For a successful data storage and access, AlphaCar created a data source which covers categories such as internal data and external data. It explains different ways users can access and engage this data through the use of smart phones, applications and installed devices.
- Analytical Methodology: Data analysis is carried out using two major methods like Dynamic Analysis of Unstructured Data and Analyses of Multimodal Heterogeneous Data. For more information, check the Whitepaper.
RELEVANT APPLICATIONS of AlphaCar
For effective and adequate operations in the automobile industry, AlphaCar supports users in its community to develop a healthy, faster, and trusted economy which they can equally benefit from. Service providers enjoy increasing ranking while end users also enjoy maximum satisfaction using this platform. This is adequately ensured through the use of certain applications in areas such as:
- Automotive industry token economy
- Usage based insurance
- Car sharing
- Shared design
- Shared research and development
- Other automobile market services
TOKEN DETAILS
ACAR token is a utility token issued in complaint with the ER20 standard. It is used in purchasing goods and services in the AlphaCar CTE. With a total of 10 billion tokens, 35% will be allocated to operations, 30% to research and development, 20% will be used for marketing, 10% will be for general management and the remaining 5% will adequately be spent on risk control.
AlphaCar TEAM
For a successful project and future development, AlphaCar brought together a group of talented person from different fields such as Blockchain senior practitioners, experienced technical developers, software developers, IT and automotive experts.
ADVISORS
AlphaCar is an open platform where any automobile and other service providers like manufacturers, dealers, insurers, parts providers, repair shops, auto finance firms and many more can easily join the community. Also, every information and interaction users and service providers are properly recorded and kept safe in the Blockchain.
Kindly use the below links for more information;
Website: https://www.alphacar.io/
Whitepaper: https://www.alphacar.io/r/project/file/AlphaCar_WhitePaper_EN.pdf
Facebook: https://www.facebook.com/alphacar.io/
Twitter: https://twitter.com/AlphaCar_
Telegram: https://t.me/AlphaAutoAssociation
Reddit: https://www.reddit.com/user/AlphaCar_
Medium: https://medium.com/@AlphaCar
GitHub: https://github.com/AlphaAutoIO
Bitcointalk Username: Lynkels
Bitcointalk Profile url: https://bitcointalk.org/index.php?action=profile;u=1820069