Hello everyone how are you guys here I will share some information about a very good project hence let's join and understand the system.
VOLT is a platform that allows centralized platforms such as Uber, to be decentralized and allow direct delivery via P2P. Uber and other models play the role of Central Controller as an intermediary and receive a fee of 20% or more. The P2P VOLT direct transaction model is an efficient model that aims to eliminate brokerage costs by lowering direct costs to customers and couriers, to less than 5%, or even in the hope of eliminating completely.
The existing delivery model is a centralized model, with a system called Hub & Spoke. This centralized model, including DHL, has dominated the worldwide shipping market. However, the centralized model can not meet the shipping requirements on the same day. VOLT is a blockchain-based P2P delivery model that completes the same day delivery restrictions more effectively than existing models.
How it works in the Market
The VOLT business model connects customers and couriers, and provides customized algorithms that utilize Big Data and a suitable system that uses smart contracts for easy service delivery. Customers need VOLT coins to use this service.
When delivery of food, goods, shipping distance, time taken, taking into account the weight of the goods will be determined in accordance with the number of difficulty of work. We call this work unit "Jula". For example, if the customer wants to send the item to a point called A 2km away and you need 600 Jula, and 1200 Jula is required to send the same item to B point 6km away. VOLT is developing an optimal algorithm to calculate this amount of work, and will introduce the lowest (auction) auction system for some special shipments.
VOLT coins are required for service buyers to request delivery. That is, to request some performance of Jula, the corresponding VOLT coin is used. This ratio of Jula to VOLT coins is not always constant. The first Jula to VOLT coin ratio starts at 1: 1. The ratio may change according to the price in the market.
CONCEPT
All Goods Moving With VOLT
Decentralization
VOLT is a decentralized platform.
There is no intermediary or brokerage, which leads to lower cost offered to customers, and also maximize profits for the messenger.
Transparency
At VOLT, we offer a transparent environment. All customers and couriers or shipping companies benefit from privacy and transparency of costs and expenses.
Security
A secure payment system that allows two P2P entities is confirmed to send and receive money held in Token VOLT until after successful service exchanges between the two parties.
FEATURES
Same Day Delivery
Same day delivery VOLT shorten delivery time to 1-5 hours, while 1-3 days in existing online shopping center. Hub & spoke is a system that collects all the items to be shipped, grouped them, and then delivered to the destination. This means that every package that will be shipped from 32nd Street to 54th Street in Manhattan, NY will be sent to Delaware for classification and sent back to Manhattan. This is time consuming and also leads to huge warehousing costs.
To overcome this inefficiency, a courier located near the 32nd street only collects what will be sent nearby and sends it as P2P so it can be delivered within a few hours.
There are various regulations and requirements for shipping service in every country and region. However, technically there is no way to set the VOLT user. Therefore, VOLT users do not need to spend time and money to comply with these regulations.
MARKET
Worldwide Shipping Market 10 Trillions USD
Annual Market Growth of 20%
TOKEN FLOW
Customers who need services can purchase coins from Exchange. A customer will buy 100 coins for a shipping service that costs 100 coins. The customer will pay 100 coins to VOLT where VOLT is on demand to the courier. After the service is complete, VOLT transfers 95 coins to the courier. Approximately 5% (tariffs can be adjusted to maximize profits) coins are used as commissions for corporate profits. The company sells coins earned to the Exchange to generate revenue.
Revenue is used to defend the company or give dividends to VOLT shareholders, but not to the coin holders. If this process runs through the cycle, the coin demand will eventually be higher than the supply of the Exchange, which results in higher prices for the coins. Combination of the algorithm and the current coin price, VOLT adjusts the value of the coin / Jula. In the long run, the coin / level of Jula will increase, and thus can have higher Jula with 1 VOLT Coin. And consequently increase the value of Jula.
ICO PACKAGE
Sales Plan Token VOLT
ROADMAP
Director General of the CSO, co-founder and board member, chief sales and marketing and mentor.
Philip Lee (Philip Lee)
Is the CEO and founder of V Tech Ltd. He received a master's degree in UCLA. Philip quickly took the company's online services offshore to reduce the cost of running the last shipment, distribution system introduced Uber style. Now volt (brand: Quick Quick) is the largest provider of services for the delivery to Korea.
Sangchun Shim (CSO)
D - p Sangchun Shim offers 30 years of experience in KT (Korea Telecom). He is known as a "cloak" in KT; He has experience in the management and transformation of 55 branches out of a total loss in the amount of from 42 to 140 million dollars in profits in just two years. Dr Shim also made a successful acquisition of the initiative, increasing the cost of sales and «Kumho Rent-a-Car». The company was acquired for $ 300 million and sold to Lotte Group for $ 1 billion by 2015. Sem receive an MBA from George Washington University with a degree in "Management, Technology and winner of" Science and PhD in Hanyang University.
Create Dino Lee (co-founder and board member)
Keep Lee is one of the founders of QuickQuick (volt-old trade), and is now a board member is not. He is also the founder LightUp, services that provide a communication platform for consumers and companies to respond to social change. Keep working in investment banks such as Lehman Brothers Global, Credit Suisse and UBS as trainee to achieve his business experience. He graduated from the University of Michigan with a degree in economics.
Kongra Cho (Head of Marketing and Sales)
Mr. Cho is the sales leader volts. Previously, he worked with Haitai Group, Nokia and Pantech in business analysis and sales. With his understanding of technology he specialized in technology-based sales. He graduated from Korea University of Technology.
Lee JaeWoo (Comforter)
He Jae Woo Lee is one of the founders and CEO INC.has management of the fund's assets, the Fund, widely known as the management company of private investment funds in Korea first. Prior to founding INC.has 2005, Mr. - Mr. Lee was CEO of Lehman Brothers in the country of South Korea, where he formed a platform investment - banking and capital markets are important. Since the beginning of his career in the financial workers Citibank, he spent the last 35 years in various financial sectors in Hong Kong and Seoul. Why for several years headed the Korean Association of justice and advised the Korean government as a member of the Committee for the development of financial markets.
For more information and to join in the project volt current, visited several links / sites below:
WEBSITE: https://volttech.io/
and Facebook: https://www.facebook.com/VoltTechnology1
Twitter: https: //twitter.com/Volt_Technology
Telegram: http://t.me/voltico
My Bitcointalk (Arumi.Bilqis) : https://bitcointalk.org/index.php?action=profile;u=965668
My ETH Address : 0x78A118ED0556B119ccafe86089a292A048234E79
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