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

[stormcleric]

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.

Having an already working company makes you ahead of other icos I can definitely say that. You have the market, customers, partnerships etc. It's an amazing thing for an ico.

So you company exist for approximately 1 year and a half? So how many customers you have per month, if i get it correctly, you dont own those repair shops, you are just partners with them?

for the whole period its about 50 000+ customers. We can't say per month because the number is changing all the time.
Yes, we do not need to own these repair shops.

so you guys are basically building a franchise of sort , which the repair shops can adhere to.

Yep, that's what it seems. The team is big enough in both devs and advisors so maybe a further explanation is welcome.

What are your partnership targets (Volkswagen, Uber - seem impressive, hope it's not just ramblings).

[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"  

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.

Its very good. When you will launch own blockchain? And how we can change than your tokens for coins?

[captainhera]

Great looking project!
Glad I found out about this one.

Will be doing some more research but seems like a great project to invest.
Car industry is a huge industry.

[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.

Its very good. When you will launch own blockchain? And how we can change than your tokens for coins?

In 2018, you can find it in our Road map in the end.
We will not have our own tokens. The same tokens will stay on the Ethereum platform.

[VLB_token]

Yep, that's what it seems. The team is big enough in both devs and advisors so maybe a further explanation is welcome.

What are your partnership targets (Volkswagen, Uber - seem impressive, hope it's not just ramblings).

As for Uber
UBER Drivers are provided the special terms for car repair and maintenance on CarFix Platform.

Volkswagen - as all the Vehicle manufacturers.
Here is an abstract from our WP page 14:

— Will be able to instantly and reliably verify maintenance records in events of
warranty claims from vehicle owners
— Will leverage Vehicle Lifecycle Blockchain to ensure that MSRPs are observed by
manufacturer-authorized repairs shops with respect to pricing of the repair and
maintenance jobs
— Will have access to real-time data about original spare part demand by region and
by specific SKU# and will be able to plan geographic supply chains with greater
precision, efficiency and granularity down to specific repair shops

[bitcoin-shark]

so this project is car industry related like auxiliary services for the car as fuel repair and maintenance which will be able to pay with the crypto currency very nice idea,i hope they will have many partnerships with major brands...

[martinholly167]

Yep, that's what it seems. The team is big enough in both devs and advisors so maybe a further explanation is welcome.

What are your partnership targets (Volkswagen, Uber - seem impressive, hope it's not just ramblings).

As for Uber
UBER Drivers are provided the special terms for car repair and maintenance on CarFix Platform.

Volkswagen - as all the Vehicle manufacturers.
Here is an abstract from our WP page 14:

— Will be able to instantly and reliably verify maintenance records in events of
warranty claims from vehicle owners
— Will leverage Vehicle Lifecycle Blockchain to ensure that MSRPs are observed by
manufacturer-authorized repairs shops with respect to pricing of the repair and
maintenance jobs
— Will have access to real-time data about original spare part demand by region and
by specific SKU# and will be able to plan geographic supply chains with greater
precision, efficiency and granularity down to specific repair shops

Great, you have a few popular names on your project, hopefully many people will be able to see this project.

[bitcoinbulk]

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.

Having an already working company makes you ahead of other icos I can definitely say that. You have the market, customers, partnerships etc. It's an amazing thing for an ico.

So you company exist for approximately 1 year and a half? So how many customers you have per month, if i get it correctly, you dont own those repair shops, you are just partners with them?

for the whole period its about 50 000+ customers. We can't say per month because the number is changing all the time.
Yes, we do not need to own these repair shops.

so you guys are basically building a franchise of sort , which the repair shops can adhere to.

Yep, that's what it seems. The team is big enough in both devs and advisors so maybe a further explanation is welcome.

What are your partnership targets (Volkswagen, Uber - seem impressive, hope it's not just ramblings).

This would be awesome! Can someone on the dev team please elaborate on this?

[VLB_token]

This would be awesome! Can someone on the dev team please elaborate on this?

Already working on it.

[VLB_token]

At the Moscow blockchain conference we spoke with Marina Guryeva, the CEO of the cyber • Fund. She said that the most promising blockchain projects were those that help creating trust in the environments where no one trusts each other. For example, on the automotive market we have car dealers, repair shops, insurance companies and banks that have to verify information one after another. This creates inefficiency and redundancy in business processes and information. Blockchain database can store information for all market participants and eliminate the need to verify it every time, which will decrease transaction costs, reduce fraud and allow selling cars at a fair price. Buying a car is not a gamble anymore. Join the first vehicle lifecycle blockchain story with CarFix and VLB Token (www.vlb.io)!

[wingding]

Interesting idea. The guys see the problem in the market and see the solution. I will follow your project.

[areschen]

The vehicle industry is a huge market. The future looks beautiful.
I will continue to pay attention to this project

[Notin2]

At the Moscow blockchain conference we spoke with Marina Guryeva, the CEO of the cyber • Fund. She said that the most promising blockchain projects were those that help creating trust in the environments where no one trusts each other. For example, on the automotive market we have car dealers, repair shops, insurance companies and banks that have to verify information one after another. This creates inefficiency and redundancy in business processes and information. Blockchain database can store information for all market participants and eliminate the need to verify it every time, which will decrease transaction costs, reduce fraud and allow selling cars at a fair price. Buying a car is not a gamble anymore. Join the first vehicle lifecycle blockchain story with CarFix and VLB Token (www.vlb.io)!

I think the most interesting part for me is decrease transaction costs, i mean lets face it........ the economy is not at its best and cutting cost very necessary nowadays so having an automotive market powered by blockchain that covers all aspect is key. But again in this aspect what happens when the VLB token price increases, wouldn't it be now more expensive to use this platform?

[Amelie Poulain]

independent rating system rated this project in 4.1 of 5.0 , and it's great!
https://icobench.com/ico/vlb

[Elkmar]

The project could have potential, but russian teams are not what sell the most in cryptocurrency world.

[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.

If a car owner fixes the car himself there will be no record. However, it's difficult to fix the car without any traces. If he goes to a service integrated to the VLB ecosystem there will be a record on the blockchain. If a repair shop is not integrated with the VLB there will be no record. However, in the future there will be less trust to this participant, which will be reflected in the price of insurance or car loan. The purpose of the project is to make the market more transparent so that honest players will benefit.

I think that if you cooperate with insurance companies, they will be able to lobby the legislation that obliges car dealers to register every new car sold on your system. And then in a few years the most part of the car park will be fixed in your system. It would be very convenient afterwards for buyers of used cars in Russia.

[matjas]

The project could have potential, but russian teams are not what sell the most in cryptocurrency world.

Well, i dont think you can stereotype like that. Its true there are a lot of project started in Russia but if you would look at average successful ICOs vs. scam projects, you would probably get the same percentage in most developed counties.

[Yasemin]

I havent seen any blockchain project on the vehicle industry before, just because of that this ICO stands out. Besides that, there is an already working product and some big partners. I see this ICO becoming a succes

[themathiasmiller]

independent rating system rated this project in 4.1 of 5.0 , and it's great!
https://icobench.com/ico/vlb

Wow that's good to know, congratulations to the team! That's a very high rating, I've seen the breakdown and wow the team really acquired the trust of the people, but 2.9 for the product, I don't quite agree with that, what this project has deserves more than that but anyway the overall rating is still high so this is still a good news. I can't wait to see how much eth will be raised during the ico, with the articles that's been popping up about vlb it's quite possible that we'll raised way more than the current eth goal.

[Sozialtourist]

I hope VLB can make a much needed change in Russia, but this does not give much hope.

A representative for the technical regulation agency noted that they have not run the environmental test on Volkswagen diesel cars and have no plans to do so, so the agency does not possess any data on violations.

https://www.rbth.com/business/2016/02/24/volkswagen-could-escape-punishment-for-dieselgate-in-russia_570395

Even if you can immutably store emissions data, provided they are reliable, there is still the government who do not take emissions seriously.

But hey, better than not trying at all.

Well, a project like this could really bring the changes that are needed. But if it really turns out, that Russin isn't the ideal start for the project, I hope that the already have a plan where to expand next.