INTRODUCTION
Addresses serve a wide spectrum of fundamental functions that include representation of a well-defined space where human or business activities take place and which has an economic value and a social role, provision of a physical building location, particularly for cities with a complex structure as well as building identification as endpoints of a postal system etc.
Considering their importance, accessibility to and reliability of information relating to such addresses are key. Moreover, in today’s connected, globalized world, the need for a comprehensive, functional and universal addressing system has become even more pressing. Many attempts have been made throughout history to put in place such a system but, to this day, none has succeeded. Naviaddress seeks to change this. Naviaddress is a unified digital ID for any place and object in real and virtual worlds.
The goal of a global digital addressing system, Naviaddress, is the creation of a decentralized global unified address platform for real and virtual worlds. We believe in a world where postal and local addresses reflect the historical and cultural peculiarity of a given place. In parallel, people would also be able to use new, reinvented digital addresses, reflecting modern society’s needs: naviaddresses.
The main vision is to create a modern and easy-to-use international addressing system, which will give rise to a plethora of addresses:
• International addresses;
• Unified addresses, easy to reference;
• Flexible addresses;
Navi primary focus is to engage regular people and companies from all over the world in the creation/assignment, modification and exchange of addresses in our system for their own benefit and to address all of their location-related needs.
NAVI ADDRESS SYSTEM
The Naviaddress System has been developed by the Naviaddress Platform Operator based on patented technology able to assign a digital address to any location in the world.
The core principles of the Naviaddress System and its elaboration are:
• Clarity in any language and for any culture: an address is depicted by digits only
• Naviaddress offers a simple, universally recognizable, digit address
NAVIADDRESS TYPES AND ADDRESS PROTOCOL
One of the main features and advantages of the Naviaddress System lies in the simplicity of its description of addresses and locations. This consists essentially of a specific, hierarchical sequence of digits beginning in most cases with a Container (corresponding to the international country code) and followed by a sequence of digits based either on information from a specific postal address or automatically assigned by the System.
A naviaddress and its depiction/sequencing will vary depending, among other things, upon the type of naviaddress used and object represented. There are essentially 3 categories of naviaddresses within the Naviaddress System:
• Custom naviaddresses - representing dynamic objects, that may be moved;
• Postal naviaddresses - representing static objects, such as buildings, structures or locations; and
• Global naviaddresses - depicting mobile objects;
NAVIADDRESS ON THE BLOCKCHAIN TO SOLVE MAIN PROBLEMS
People without an address (around 4 billion people)
• People with no address are unable to order on-line and experience social segregation, can be better served by their governments.
• Naviaddress platform shall provide verified by transaction and trustless postal and delivery digital addresses for billions of people worldwide with almost no cost. A user can create and own via smartcontract as many naviaddresses as he/she wants with no government involvement and within several minutes.E-retail & delivery businesses (USD billions waste)
• Up to 20% and up to 80% of delivery addresses are not verified from the 1st time in developed and developing countries respectively. Mistakes in addressing also result in last mile navigation problem.
• Naviaddress platform shall provide trustless verified by transaction and geo coordinates precise ID of users’ locations for online and delivery businesses. Our solution will cut the waste drastically. Users can create and own via smartcontract as many personal and business naviaddresses as needed.International tourism businesses (Lost sales)
• Local HoReCa and retail outlets are not authenticated for international tourists and expats, and remain largely inaccessible.
• Once on the blockchain, Naviaddress provides authentication and easy last mile navigation for local HoReCa and retail outlets. This is due to no language-specific – only digits, digital address, which is easy to find, share and communicate. Any business can create and own via smartcontract as many business naviaddresses as needed within several minutes.
FACTS ABOUT NAVIADDRESS SYSTEM FOR THE 21ST CENTURY
• Universal and consistent as it is clear in any language, digits-only format
• Convenient for verbal and digital communications
• Precise since geocoordinates are embedded (ideal for drone delivery and IoT)
• Personalized designed to contain embedded metadata, additional information and user generated content
• Searchable in Internet can be found by search engines and bots (Google, Bing, Yandex, Telegram, etc.)
• Event – related naviaddress for an event, room/table booking, party invitation, etc.
TYPES OF NAVIADDRESSES – OBTAIN POSTAL OR CREATE AND SHARE CUSTOM
NAVIADDRESS PLATFORM ON BLOCKCHAIN
The Naviaddress Platform is a decentralized software solution based on cutting edge blockchain technology. There are two key advantages to the Naviaddress solution on blockchain. First, simplification of internal verification process: every point, every object can be assigned with its own digital address that we verify just one time. After that, it is considered ‘verified’ and does not require extra time for subsequent validations. Secondly, every pick-up point is given a short digital address, which is easy to share and remember. These measures improve internal efficiency of a logistics provider and create better customer experience.
The main goal of the Naviaddress Platform is to create and develop a worldwide universal digital address solution. To allow this, Naviaddress is developing its own user incentive program based on NaviToken™ tokens (NVT).
The Naviaddress Platform is gathering a community of geography experts and incentivizing creation and verification of world addresses.
BENEFITS OF NAVIADDRESS DRIVEN BY BLOCKCHAIN
- Digital addressing system with no dependency on the central authority – users create and own their digital delivery addresses
- Secure, on-demand and low-cost digital access (trustless location IDs)
- Naviaddress ownership registration with smart contracts application
- Decentralized storage of naviaddresses
MAIN FEATURES OF NAVIADDRESS BLOCKCHAIN
• Ethereum Blockchain ID ownership management SW solution
• BigchainDB, IPFS distributed, reliable and cheap metadata storage
• Open sourced oriented SDK and API providing access to the platform
• Mobile and web blockchain enabled applications
PROPOSITION OF NAVIADDRESS PLATFORM
- For on-line and delivery business there is no need to authenticate you and your same delivery addresses every time you buy/order online and spent money on each verification as it is now
- Reduce uncertainty in transactions
- Reduce overall waste in delivery chains from business to online/offline customer and from customer to customer
- For international tourists – no need to waste time to authenticate local HoReCa and retail business
NAVITOKEN
A NVT is a unit of defined value internal to the Platform that may be used by any of the actors outlined above in acquiring or exchanging rights to naviaddresses, services or any other thing within the Platform. It can be obtained through buying on crypto exchange when NaviTokens are placed there.
USES OF NAVITOKEN
With Navitoken:
• Any Naviaddress is exchanged for NAVI
• Premium naviaddresses are exchanged for NAVI via auctions
• Get naviaddress ownership rights registration via smart contracts and storage
WHAT ARE INCENTIVES IN NAVIADDRESS
They are;
• NAVI for the verification of a naviaddress by validators
• NAVI for Platform and ecosystem development
• NAVI as a co-marketing investment into JV with Country Level and Regional Level Partners
• Transfer/acquisition of trusted delivery addresses from business participants, acquire naviaddresses from the secondary market through auction
• Pay for metadata creation, update and storage
A Premium naviaddress can be bought after TGE for 10 NAVIs at TGE price of USD 0.05 and later leased out for USD 120 per annum. At 10% cap rate it will return USD1200 –intrinsic value.
HOW FUND ARE GENERATED THROUGH NAVI REVENUE
• Premium naviaddresses (1 to 5 digits) – shall be sold through auctions. The platform shall retain the difference between auction price and nominal NAVI price (price-list) for the premium address. Price is paid by a user.
• Custom/Standard address (from 6 to 18 digits) price shall be paid by the Platform for a user.
The platform shall also charge fees for:
• Auctioning of naviaddresses – secondary market
• Storing of content rich private metadata over certain storage capacity limit
NAVITOKEN DISTRIBUTION AND USE OF PROCEEDS
NAVIADDRESS TEAM
Naviaddress is more than just a great technological project; Naviaddress is also a team that works hard for the project.
CONCLUSION
Naviaddress is a unified digital ID for any place and object in real and virtual worlds. For details information about Naviaddress, it is important to check their various links and channels indicated below:
Website: https://ico.naviaddress.com
Whitepaper:https://naviaddress.io/wp-content/uploads/2018/02/Naviaddress-Whitepaper-v1.5-1.pdf
Join on Telegram: https://t.me/naviaddress
Follow on Twitter: https://twitter.com/naviaddress
Follow on Reddit: https://www.reddit.com/r/Naviaddress/
Follow on Facebook: https://www.facebook.com/naviaddressplatform/
Follow on LinkedIn: https://www.linkedin.com/company/naviaddress/
Follow on Medium:https://medium.com/@naviaddress
Follow on BitcoinTalk:https://bitcointalk.org/index.php?topic=2461416.0
Downlaod Naviaddress on Apple:
https://itunes.apple.com/us/app/naviaddress/id1061872047?mt=8
Download Naviaddress on Android:
https://play.google.com/store/apps/details?id=com.naviworld.Navimap&hl=hu
NB: Most of the picture diagrams and table displayed in this write up are obtained from official site of Naviaddress.
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