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

[VLB_token]

is there any partnership or deal with manufacture or company to pilot this?

Customers at the moment: all CarFix's current customers and partners, suppliers, services, the car owners, insurance companies.  They will use the blockchain using CarFix platform's existing interfaces.

[magisterr]

Do VLB tokens comply with ERC-20/EIP-20 standard? Can they be transferred to an external ETH wallet?

Yes, VLB Token is based on Etherium ERC20 standard
Tokens can be sold on the exchange for ETH.

So, you will dont have own blockchain? Why in description you wrote: "VLB - The Ultimate Blockchain"  

[VLB_token]

Do VLB tokens comply with ERC-20/EIP-20 standard? Can they be transferred to an external ETH wallet?

Yes, VLB Token is based on Etherium ERC20 standard
Tokens can be sold on the exchange for ETH.

So, you will dont have own blockchain? Why in description you wrote: "VLB - The Ultimate Blockchain"  

No, in the future, we will create our own blockchain.

The main reasons for creating your own blockchain are:
1) We do not want to depend on the ETH exchange rate and the gas price for confirmation of the transaction can become significant;
2) In blockchain Ethereum there is no way to ensure the confidentiality of private information.

[PS92]

Interesting project. Will definitely be reading  up on this one.

[Vylentinka]

Are you planning to launch bounty program??

[PS92]

Do VLB tokens comply with ERC-20/EIP-20 standard? Can they be transferred to an external ETH wallet?

Yes, VLB Token is based on Etherium ERC20 standard
Tokens can be sold on the exchange for ETH.

So, you will dont have own blockchain? Why in description you wrote: "VLB - The Ultimate Blockchain"  

No, in the future, we will create our own blockchain.

The main reasons for creating your own blockchain are:
1) We do not want to depend on the ETH exchange rate and the gas price for confirmation of the transaction can become significant;
2) In blockchain Ethereum there is no way to ensure the confidentiality of private information.

Are we talking about a private ethereum fork or a completely new blockchain? And if the latter, will you use AION, ICON, Polkadot etc to connect to Ethereum and other smart contract platforms or will you work completely isolated?

[VLB_token]

Are you planning to launch bounty program??

The bounty program has already started.

BOUNTY THREAD:
https://bitcointalk.org/index.php?topic=2363994

[VLB_token]

Do VLB tokens comply with ERC-20/EIP-20 standard? Can they be transferred to an external ETH wallet?

Yes, VLB Token is based on Etherium ERC20 standard
Tokens can be sold on the exchange for ETH.

So, you will dont have own blockchain? Why in description you wrote: "VLB - The Ultimate Blockchain"  

No, in the future, we will create our own blockchain.

The main reasons for creating your own blockchain are:
1) We do not want to depend on the ETH exchange rate and the gas price for confirmation of the transaction can become significant;
2) In blockchain Ethereum there is no way to ensure the confidentiality of private information.

Are we talking about a private ethereum fork or a completely new blockchain? And if the latter, will you use AION, ICON, Polkadot etc to connect to Ethereum and other smart contract platforms or will you work completely isolated?

We are going to create a new blockchain. More details will be a little later.

[lvsca]

Do VLB tokens comply with ERC-20/EIP-20 standard? Can they be transferred to an external ETH wallet?

Yes, VLB Token is based on Etherium ERC20 standard
Tokens can be sold on the exchange for ETH.

So, you will dont have own blockchain? Why in description you wrote: "VLB - The Ultimate Blockchain"  

No, in the future, we will create our own blockchain.

The main reasons for creating your own blockchain are:
1) We do not want to depend on the ETH exchange rate and the gas price for confirmation of the transaction can become significant;
2) In blockchain Ethereum there is no way to ensure the confidentiality of private information.

Are we talking about a private ethereum fork or a completely new blockchain? And if the latter, will you use AION, ICON, Polkadot etc to connect to Ethereum and other smart contract platforms or will you work completely isolated?

We are going to create a new blockchain. More details will be a little later.

look promising project.
i want to know the specification of blockchain you will created. algo, tx mechanism, etc.
will waiting for this.

[Yasemin]

The ICO starts in 12 days, and only 20 days for token sale. Do you have plans of extending the ICO if it does not sell out?

[Piggy]

Do VLB tokens comply with ERC-20/EIP-20 standard? Can they be transferred to an external ETH wallet?

Yes, VLB Token is based on Etherium ERC20 standard
Tokens can be sold on the exchange for ETH.

So, you will dont have own blockchain? Why in description you wrote: "VLB - The Ultimate Blockchain"  

No, in the future, we will create our own blockchain.

The main reasons for creating your own blockchain are:
1) We do not want to depend on the ETH exchange rate and the gas price for confirmation of the transaction can become significant;
2) In blockchain Ethereum there is no way to ensure the confidentiality of private information.

In the new blockchain how do you plan to have the information kept confidentially? Just the owner of the data ca read it?

[viljy]

Interesting project, leading the history of the car. In Russia, it is necessary, but still I see some loopholes so that some information is not taken into account. For example, small external damages that are not fixed and that can be fixed without purchasing spare parts in a private service. But the car will be already broken and dyed and it will not be fixed in the system.

[ubercool]

Are you planning to launch bounty program??

The bounty program has already started.

BOUNTY THREAD:
https://bitcointalk.org/index.php?topic=2363994

Joined the Telegram and Facebook bounty. Will keep an eye on this as I find this as a unique idea to implement blockchain.

[levyashin]

Do VLB tokens comply with ERC-20/EIP-20 standard? Can they be transferred to an external ETH wallet?

Yes, VLB Token is based on Etherium ERC20 standard
Tokens can be sold on the exchange for ETH.

So, you will dont have own blockchain? Why in description you wrote: "VLB - The Ultimate Blockchain"  

No, in the future, we will create our own blockchain.

The main reasons for creating your own blockchain are:
1) We do not want to depend on the ETH exchange rate and the gas price for confirmation of the transaction can become significant;
2) In blockchain Ethereum there is no way to ensure the confidentiality of private information.

Creating you own blockchain is very ambitious.

You will create it after ico and some time i guess. So probably you will have erc tokens and make a swap when blockchain is ready. Am i right?

[the_donald]

Do VLB tokens comply with ERC-20/EIP-20 standard? Can they be transferred to an external ETH wallet?

Yes, VLB Token is based on Etherium ERC20 standard
Tokens can be sold on the exchange for ETH.

So, you will dont have own blockchain? Why in description you wrote: "VLB - The Ultimate Blockchain"  

No, in the future, we will create our own blockchain.

The main reasons for creating your own blockchain are:
1) We do not want to depend on the ETH exchange rate and the gas price for confirmation of the transaction can become significant;
2) In blockchain Ethereum there is no way to ensure the confidentiality of private information.

Creating you own blockchain is very ambitious.

You will create it after ico and some time i guess. So probably you will have erc tokens and make a swap when blockchain is ready. Am i right?

there has to be either a swap system or the tokens given some kind of inherent value on the new blockchain.

[Piggy]

Do VLB tokens comply with ERC-20/EIP-20 standard? Can they be transferred to an external ETH wallet?

Yes, VLB Token is based on Etherium ERC20 standard
Tokens can be sold on the exchange for ETH.

So, you will dont have own blockchain? Why in description you wrote: "VLB - The Ultimate Blockchain"  

No, in the future, we will create our own blockchain.

The main reasons for creating your own blockchain are:
1) We do not want to depend on the ETH exchange rate and the gas price for confirmation of the transaction can become significant;
2) In blockchain Ethereum there is no way to ensure the confidentiality of private information.

Creating you own blockchain is very ambitious.

You will create it after ico and some time i guess. So probably you will have erc tokens and make a swap when blockchain is ready. Am i right?

No the tokens will remain its clearly stated on the website

[niklasmato]

is there any partnership or deal with manufacture or company to pilot this?

Customers at the moment: all CarFix's current customers and partners, suppliers, services, the car owners, insurance companies.  They will use the blockchain using CarFix platform's existing interfaces.

So if I understand this correctly, there is already a big list of customers and partners? Have you discussed your Project with them (partners) ?

[ridertiger]

Sounds like a great idea. Vehicle industry is worth billions of dollars, but you definitely need some car companies to be supported.

[VLB_token]

Do VLB tokens comply with ERC-20/EIP-20 standard? Can they be transferred to an external ETH wallet?

Yes, VLB Token is based on Etherium ERC20 standard
Tokens can be sold on the exchange for ETH.

So, you will dont have own blockchain? Why in description you wrote: "VLB - The Ultimate Blockchain"  

No, in the future, we will create our own blockchain.

The main reasons for creating your own blockchain are:
1) We do not want to depend on the ETH exchange rate and the gas price for confirmation of the transaction can become significant;
2) In blockchain Ethereum there is no way to ensure the confidentiality of private information.

Are we talking about a private ethereum fork or a completely new blockchain? And if the latter, will you use AION, ICON, Polkadot etc to connect to Ethereum and other smart contract platforms or will you work completely isolated?

We are going to create a new blockchain. More details will be a little later.

look promising project.
i want to know the specification of blockchain you will created. algo, tx mechanism, etc.
will waiting for this.

Very briefly, the  blockchain will function the following way:
- during a real world transaction parties involved will attach tokens to their respective entries into the transaction
*for example, when you repair a car, Tokens will be attached by: repair shop, OEM and car manufacturer. Repair shop will use a token; this represents a "payment" for customer acquisition and access to data that will facilitate future retention of this customer. OEM will use a token to record an installation of a particular spare part SKU# for spare part warranty purposes. Manufacturer will use a token to link this repair job with manufacturer warranty, which will determine whether the warranty remains in force going forward.
- reference in the smart contract to the electronic receipt issued by the repair shop when the customer pays for the service will act as proof of payment and will make this transaction eligible to be included in the next block.
* electronic receipts are tax documents that contain references to goods and services provided and price. Manipulating that information is a legally punishable offense
- blocks will be validated by PoS nodes. Tokens attached to the transactions will be used as commission
* Industry Participants that will be using the blockchain and that have certain token balances with certain coin-age may act as PoS Nodes.  Tokens received as commission for validation may be used by PoS Nodes (i.e. manufacturers, insurance companies, dealers, etc) to record their own transactions or they may be sold to other Industry Participants on exchanges.

All Industry Participants that contribute to the blockchain will have access to decrypted data on the blockchain to use it for cost saving (i.e. claim or warranty management) or new business opportunities (i.e. highly tailored insurance policy pricing or customer retention by repair shops/dealers).

For more detail and examples please refer to white paper pg 29-36 and appendix C

[VLB_token]

The ICO starts in 12 days, and only 20 days for token sale. Do you have plans of extending the ICO if it does not sell out?

In this case we return all the payments. But we are sure we'll gather all the necessary sum.