We are increasingly becoming busier by the day. Balancing work, studies, entertainment and family time is becoming harder. However, we are also edging closer and closer to a future that we have been building ever since advanced technology such as computers were realized. Technology is the key to help us balance our lives effectively by performing all our business requirements and still having time for our own personal development and growth. One area in which technology is making strides is in the possibility of having truly autonomous vehicles such as cars and drones. Decentralized Autonomous Vehicles is the platform that wants to bring together all these different technologies that are available in the autonomous vehicle space and place them in an accessible platform to all in need of their services.
Meeting passenger needs
Companies such as Uber are really pumping in a lot of money into the development of truly autonomous cars that can act as taxis. The demand for taxi services is increasing and having driver-less taxis may help provide more options for passengers. At times, the number of drivers operating in a populous area may not meet the demands in terms of transportation of that area especially during peak time where prices may surge due to high demand and low supply of vehicles.
Saving daily living costs
The amount of money spent on cars each year by families is quite a lot compared to the average wages families get. Cars are not getting any cheaper and families are opting to lease cars instead of buying them as the immediate cost implication is lower than what they would have spent on a new car. The ripple effect of this is an overcrowded second-hand car sale market which may not draw in as many buyers except maybe from third-world countries where the purchasing power of citizens may not be as strong considering their weaker currencies compared to the dollar.
An autonomous vehicle operates at a reduced cost. Firstly, most of the current autonomous vehicles being tested run on electricity which is cheaper and eco-friendly compared to traditional vehicles and they would not need a driver to operate them. Furthermore, families do not need to buy them, with the DAV platform, all they would need to do is make a request for the service they need and the vehicles show up at their doorstep ready to deliver.
Beyond cars
When autonomous vehicles are mentioned, most people think about self-driving cars or cars that can run on autopilot, sort of semi-autonomous, like the cars Tesla produce. However, autonomous vehicles cover more than just cars. Drones are also part of this fleet and they have unique uses that will prove useful for the future that the world is targeting. You may have probably heard about drone deliveries from companies like Amazon who have been testing out this feature on various drones.
Drone delivery may be a future staple in the supply chain business from the results being obtained during research and development by Amazon and other companies. Though the deliveries may not be accurate and some goods may be prone to damage, a few tweaks in hardware and software can make this system work.
The efficiency that supply chain management can get from a drone delivery system is exciting. It would reduce the time taken to plan for logistics as all you would have to do is upload the route map to the drone’s software and it will deliver effectively.
Larger drones are also being tested as an option of a quick taxi service especially in Dubai where the purchasing power for some of the citizens is great. A drone taxi is still under research and development. Developers of these drone taxis are targeting an autonomous vehicle is almost like a helicopter, only smaller in size with the ability to pick passengers up from the point of request to the destination targeted.
The DAV plan
DAV has a beautiful goal in sight, to bring all these different autonomous vehicle technologies under one umbrella.
Each team is working on their own system but from past experiences, a united industry can deliver better services than a divided one. It wants to set a standard for autonomous vehicles that can be followed by each player under its platform.
The DAV platform will include autonomous vehicle service providers together with the supporting industries that make autonomous vehicles possible. These include industries that develop charging systems for these vehicles and parking spaces for autonomous cars and taxi drones.
By having these under one banner, the services delivered can be harmonized such that whenever a request is made, all the parties involved work together to ensure the passenger or client gets the best autonomous service possible. DAV will start this experience right from the user interface of the platform that their future clients will find quite easy to use and make requests from.
Token system and ICO details
DAV will run on the Ethereum blockchain which will help run its operations in a transparent manner. It will have an ERC-20 complaint token. The function of this token is basically for users to access the services being done by DAV and also as an incentive for users to use the services being offered by the network. Users can earn and spend this token in the platform. Having a common currency will help harmonize effectively the functions of this platform.
The token sale for DAV starts from 11th June and runs till 25th June. DAV tokens can be purchased during this time with the money being used to develop their platform.
Further Links
If you enjoy my writing on ICO's and new blockchain projects be sure to follow me:
