[ANN][ICO] VLB - The Ultimate Blockchain Fuel for the Vehicle Lifecycle Industy

[VLB_token]

I am a bit curious on how vlb token will have their value  in the future.
Let's say vlb token is a currency to pay any of vehicle repair service globally, and in the same time the token are tradable in many exchanges. Everyone knows how the crypto market works. Pump, dump, speculation, extreme fluctuations.
With that condition, how the payments of vehicle lifecycle industry will be integrated with the vlb token?

Reducing the expenses of VLB participants (auto services, insurance companies, etc.) because of our system, helps to strengthen the VLB token. Some participants will be able to save more, and some less, you can see the analysis at the end of WP, appentix A. The token will grow depending on the savings of each participant. For example, to save 30usd you should buy a token at 20usd. Since the system is fully open, the price can increase 50-100 times.

[nak02]

This project is one of the answered prayer for all car owners, we all know that it is really hard to maintain a car it cost a lot so this project will really a big help not only for the car owners but for all of us, hope this project will  continue and will become successful.

[Almir_Salimov]

VLB disturbs a multibillion auto market.
According to pymnts.com the use of big data and blockchain technology in the car industry is growing rapidly - big data in the auto market set to reach $4 billion by 2020 and blockchain end-point authentication in the auto market to be valued at $1billion by 2022.
Within the past year alone, we’ve seen the likes of Porsche and Toyota steer their way towards blockchain technology use. In addition to this, the blockchain technology market is also set to see some significant growth over the next few years. Research and Market’s Blockchain Market – Global Forecast to 2021 predicts blockchain’s Compound Annual Growth Rate (CAGR) will grow a whopping 61.5 percent within the next five years from $210.2 million today to $2,312.5 million.
VLB tokens (www.vlb.io) is one of the IT companies that takes an advantage of the growing market. Major market players, such as car manufacturers, shop repairs, insurance companies and regulators, will be using a public blockchain database for exchanging data about car ownership, maintenance and driving history, auto parts, and car loans.
Read more at https://www.pymnts.com/blockchain/2017/blockchain-tracker-the-auto-industry-revs-its-blockchain-engine/

[Almir_Salimov]

6 applications for blockchain in the automotive industry.
A US-based think-tank, Tractica, identified 6 ways how blockchain can be useful for the automotive industry.
1)   Automotive/Internet of Things Interactions
A future of autonomous cars, not to mention “millions or billions” of devices communicating with each other efficiently requires that their interactions and transactions exist on an immutable database of shared, secure, and highly permissioned access. VLB Tokens’ (www.VLB.io) shared ledger between automotive OEMs, parts distributors, dealerships, service mechanics, insurance providers, and others can support the ability for parts or equipment within a car to autonomously sense its own needs.
2)   Auto Financing
Purchasing cars typically requires loans to finance the transaction. In the spring of 2017, Indian automotive OEM Mahindra, created a blockchain incubator focused specifically on the automotive financing use case.
3)   Automotive Title Transfer
The process of transferring ownership from buyer to seller of an asset – a car or other form of property – is one that requires numerous middlemen, phases, and reconciliations to execute. A company called BigChainDB is developing CarPass in an effort to centralize all information about a car to a shared immutable and transparent database, immune to fraud or tampering.
4)   Insurance Claim Processing
Automotive OEMs could potentially use blockchain technologies like smart contracts or private keys to streamline the filing of certain insurance claims, automatically deploy service technicians, or automate payout.
5)   Supply Chain Management
The automotive supply chain is incredibly complex, consisting of numerous types of parts, hardware, software, and firmware suppliers, distributors, dealers, regulatory agencies, insurance companies, and more. Blockchain technologies can be applied to each of the following phases of the supply chain: inception, development, distribution, trade financing, retail and use,  recycling/aftermarket.
6)   Loyalty-Based Microtransactions
As businesses start leverage data for highly contextual marketing, companies like loyyal recognize the need for a shared database to manage high volumes of transactions and enable permissioned access and program execution
Read more https://www.tractica.com/artificial-intelligence/six-applications-for-blockchain-in-automotive/

[eldrin]

It's great that this kind of project existed, this is the first project I've seen that is dedicated to or connected with Transportation. Kudos also to the team for the quick and professional responses, and for the reports. This project is really going great! It's also nice to hear that you guys are partnering with companies such as UBER. Good luck!

[themathiasmiller]

VLB disturbs a multibillion auto market.
According to pymnts.com the use of big data and blockchain technology in the car industry is growing rapidly - big data in the auto market set to reach $4 billion by 2020 and blockchain end-point authentication in the auto market to be valued at $1billion by 2022.
Within the past year alone, we’ve seen the likes of Porsche and Toyota steer their way towards blockchain technology use. In addition to this, the blockchain technology market is also set to see some significant growth over the next few years. Research and Market’s Blockchain Market – Global Forecast to 2021 predicts blockchain’s Compound Annual Growth Rate (CAGR) will grow a whopping 61.5 percent within the next five years from $210.2 million today to $2,312.5 million.
VLB tokens (www.vlb.io) is one of the IT companies that takes an advantage of the growing market. Major market players, such as car manufacturers, shop repairs, insurance companies and regulators, will be using a public blockchain database for exchanging data about car ownership, maintenance and driving history, auto parts, and car loans.
Read more at https://www.pymnts.com/blockchain/2017/blockchain-tracker-the-auto-industry-revs-its-blockchain-engine/

It seems like as time progresses, more big car companies are starting to adopt and use blockchain technology to their system and this is a really good thing for this project. As more companies uses blockchain technology the wider the coverage of this project can reach and the bigger market it can attract. In the article Porsche and Toyota has been mention, is there any possibility that these big companies will be in partnership with VLB?? And so far have you been in touch with any big car companies from the United States to join this project?

[faruk40]

The bounty campaign will start next week. We will post all the relevant information.

VLB Team

waiting for  bounty campaign

[1NV3ST0NM3]

This project is one of the answered prayer for all car owners, we all know that it is really hard to maintain a car it cost a lot so this project will really a big help not only for the car owners but for all of us, hope this project will  continue and will become successful.

Haha yup agreed such an information database will not only cater the needs of the car owners but will also help car companies to realize the needs of the propsective buyers and design their products accordingly which would really mean some enhanced customer satisfaction.

[VLB_token]

The bounty campaign will start next week. We will post all the relevant information.

VLB Team

waiting for  bounty campaign

It's already going here:
https://bitcointalk.org/index.php?topic=2363994.msg24100553#msg24100553

[manoj1605]

Are you running any bounty program. If yes please let me know.

[VLB_token]

Are you running any bounty program. If yes please let me know.

Please check this thread out: https://bitcointalk.org/index.php?topic=2363994

[VLB_token]

We present to your attention a video on our channel on youtube. In this video co-founder VLB Token Vladimir Lupenko tells why Vehicle Industry needs blockchain revolution.

https://youtu.be/8jYMGlL0zrs

[Almir_Salimov]

VLB Token, a blockchain platform of CarFix company, will reduce car maintenance and repair costs, and help car owners selling their used vehicles for a maximum possible price.
The main product of the company is a blockchain platform that will be used by all automotive industry participants, ranging from car manufacturers and dealers to service centers and OEMs.
This platform will make the auto market more transparent, simplifying and automating labor-intensive processes associated with buying and selling a car, insurance claim processing and management, car repair and maintenance, saving significant amounts of money for car owners, insurance companies and banks.
The project received initial funding exceeding 5 million Euros from institutional investors and prepares for an ICO, which starts on the 27th of November.
http://www.the-[Suspicious link removed]/2017/11/13/carfix-will-repair-vehicle-fraction-price-help-ethereum-blockchain/

[lenovo16]

6 applications for blockchain in the automotive industry.
A US-based think-tank, Tractica, identified 6 ways how blockchain can be useful for the automotive industry.
1)   Automotive/Internet of Things Interactions
A future of autonomous cars, not to mention “millions or billions” of devices communicating with each other efficiently requires that their interactions and transactions exist on an immutable database of shared, secure, and highly permissioned access. VLB Tokens’ (www.VLB.io) shared ledger between automotive OEMs, parts distributors, dealerships, service mechanics, insurance providers, and others can support the ability for parts or equipment within a car to autonomously sense its own needs.
2)   Auto Financing
Purchasing cars typically requires loans to finance the transaction. In the spring of 2017, Indian automotive OEM Mahindra, created a blockchain incubator focused specifically on the automotive financing use case.
3)   Automotive Title Transfer
The process of transferring ownership from buyer to seller of an asset – a car or other form of property – is one that requires numerous middlemen, phases, and reconciliations to execute. A company called BigChainDB is developing CarPass in an effort to centralize all information about a car to a shared immutable and transparent database, immune to fraud or tampering.
4)   Insurance Claim Processing
Automotive OEMs could potentially use blockchain technologies like smart contracts or private keys to streamline the filing of certain insurance claims, automatically deploy service technicians, or automate payout.
5)   Supply Chain Management
The automotive supply chain is incredibly complex, consisting of numerous types of parts, hardware, software, and firmware suppliers, distributors, dealers, regulatory agencies, insurance companies, and more. Blockchain technologies can be applied to each of the following phases of the supply chain: inception, development, distribution, trade financing, retail and use,  recycling/aftermarket.
6)   Loyalty-Based Microtransactions
As businesses start leverage data for highly contextual marketing, companies like loyyal recognize the need for a shared database to manage high volumes of transactions and enable permissioned access and program execution
Read more https://www.tractica.com/artificial-intelligence/six-applications-for-blockchain-in-automotive/

I think with this project many of the auto company will be beneficial since this project offers a decentralized system for the  automotive industry.Aside from that the variety of blockchain offer was so nice and helpful for the client. It will lessen the complict of the applicant in order to get in for thia project.

[VLB_token]

One of the biggest names in the auto industry says no one will own a car in 20 years.

Bob Lutz is a former Marine who worked for Ford, General Motors, Chrysler, and BMW, usually as the resident "car guy", says that the auto industry is on an accelerating change curve.
"For hundreds of years, the horse was the prime mover of humans and for the past 120 years it has been the automobile," he said. "Now we are approaching the end of the line for the automobile because travel will be in standardized modules. The end state will be the fully autonomous module with no capability for the driver to exercise command."
IT solutions based on blockchain platforms like VLB Tokens (www.vlb.io) will help automate car maintenance, insurance claim processing, and after market spare parts management.

Read more:   http://www.businessinsider.com/bob-lutz-says-cars-are-over-2017-11

[iad_xo]

interesting concept. going to read white paper for more details

[magisterr]

Project founders from different countries (Germany, USA, Russia) as i understnd correctly... Where is you company registered? And where based?

[kraterion]

I've just seen the video posted in the OP, well it's true that all those industries are disconnected from each others, where I live a random cars seller maybe know one insurance company and one spare parts retailer and that's it

[levyashin]

I just saw this, actually it has very different project compared with the other icos.

I will definitely read whitepaper and make some comments about it, maybe some investment also.

[ParRus]

this project has interesting concept, I'll go read white paper and I will subscribe to updates in this thread! I wish good luck for the developers!