VOLT is a stage that permits brought together stages, for example, Uber, to be produced in a decentralized way and empowers coordinate conveyance through P2P. Uber and different models assume a part of Central Control as brokers and get an expense of at least 20%. VOLT's P2P coordinate arrangement display is a proficient model that expects to dispense with financier charge by bringing direct expenses down to clients and ambassadors, to under 5%, or even in plans to take out totally.
The current conveyance demonstrate is a unified model, with a framework called Hub and Spoke. This brought together model, including DHL, has overwhelmed the conveyance showcase around the world. Be that as it may, the concentrated model can't address the issues of same day conveyance. VOLT is blockchain-based P2P conveyance show that fathoms restriction of that day conveyance more successfully than existing models.
Decentralization
VOLT is a decentralized platform. There is no middleman or broker, which leads to lower the cost offered for customers, and also maximize profit for the messengers.
Transparency
In VOLT, we offer a transparent environment. All customers and messengers or delivery companies benefit from the privacy and transparency of the fees and expenses.
Security
A secure payment system that allows two authenticated P2P entities to send and receive money that gets held in VOLT Tokens until after a successful exchange of services between the two parties.
Same Day Delivery
VOLT 's same day delivery shortens delivery time to 1-5 hours, whereas 1-3 days in the existing online shopping mall. Hub & spoke is a system that collects all items to be shipped, classifies them, and then delivers to their destination. This means that any parcels to be delivered from 32nd Street to 54th Street in Manhattan, NY will be sent to Delaware for classification and delivered back in Manhattan. This is time-consuming and also incurs large warehousing costs.
In order to solve this inefficiency, a messenger located near 32nd street collects only what is to be sent nearby and delivers it as P2P so that it can be delivered within a few hours.
VOLT Token Sale Plan
Total Tokens Issued: 4,000,000,000
Total token for sale: 2,000,000,000
Reservation Sale: 200,000,000
Pre-Sale: 600,000,000
Public Sale: 1,200,000,000
Exchanging with other currencies will only be available after token sale is finished.
How it works
VOLT's business model connects customers and messengers, and provides customized algorithms that leverage Big Data and a matching system that uses smart contracts for easy service delivery. Customers need a VOLT coin to use this service.
When the delivery of food, goods, shipping distance, time required, taking into account the weight of the goods shall be determined according to the amount of work difficulty. We call this unit of work “Jula”. For example, if customers want to ship the goods to a point named A 2km away and you need 600 Jula, and 1200 Jula is required to ship the same goods to B point 6km away. VOLT is developing an optimal algorithm to calculate the amount of this work, and will introduce the lowest bid (auction) system for some special deliveries.
A VOLT coin is required for a service buyer to request delivery. That is, in order to request a certain amount of Jula performance, a VOLT coin corresponding to this is used. The ratio of this Jula to the VOLT coin is not always constant. The ratio of the first Jula to the VOLT coin starts at 1: 1. The ratio is changeable in accordance with the price at the market.
Token Flow
A client who requires the administration can buy the coins from the Exchange. A client will buy 100 coins for the conveyance benefit that costs 100 coins. The client will pay 100 coins to VOLT where VOLT relates the demand to the dispatcher. After the administration is finished, VOLT exchanges 95 coins to the dispatcher. Around 5%(the rate can be changed in accordance with amplify benefit) of the coin is utilized as a commission to the organization benefit. The organization offers the coin earned to the Exchange to deliver income.
The income is utilized to keep up the organization or give profits to the VOLT investors, yet not to the coin-holders. On the off chance that this procedure experiences a cycle, the coin request inevitably will be higher than the supply from the Exchange, bringing about higher cost for the coins. A mix of calculations and current coin value, VOLT alters the coin/Jula rate. In long haul, coin/Jula rate will increment, and along these lines ready to possess higher Jula with 1 VOLT Coin. What's more, subsequently builds the estimation of Jula.
Advisor
JaeWoo Lee:
Mr. Jae Woo Lee is the co-founder and CEO of Vogo Fund Asset Management Co., widely known as the first private equity fund management company in Korea. Prior to co-founding Vogo in 2005, Mr. Lee was country CEO at Lehman Brothers Korea, where he built up a significant investment banking and capital market platform. Since starting his finance career at Citibank, he has spent last 35 years across various fields of finance in Hong Kong and Seoul. Mr. Lee has chaired the Korea Private Equity Association for a number of years and advised the Korean government as a member of the Finance Market Development Committee.
The above information is what VOLT wants to implement through ICO.
The following is the contents of the project that VOLT team has been implementing since 2016.
For more information about this project you can visit :
Website: https://volttech.io/
Whitepaper: https://volttech.io/public/Final%20VOLT%20White%20paper%200410.pdf
Facebook: https://www.facebook.com/VoltTechnology1
Twitter: https://twitter.com/Volt_Technology
Telegram: https://t.me/voltico
Author:
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