DAV (Decentralized Autonomous Vehicles): The Future of Transportation

in #bitcoin6 years ago (edited)

The greatest automotive and transportation revolution has happened since Henry Ford's assembly line took place in 1908. A new economic paradigm is shaking up different business domains. The technological advance will soon make autonomous vehicles a part of our daily life. Consequently, the goods and will obtain a new form. 

Experts say that as “driverless cars” are becoming more common, people will move from car ownership to opting autonomous electric vehicle services. This could help an average family save more than $5,600 per year, which equals a wage raise of 10% resulting in an additional $1 trillion dollars per year (!) by 2030. A research conducted by Strategy Analytics finds out that the autonomous vehicle driving technology will form a new “passenger economy” worth $7 trillion in 2050.

Drivers will be no longer needed so it will save a lot of time annually because they will become passengers in vehicles with a better transportation economy.

As these commercial activities are increasing, there will be great opportunities for a large-scale integration and the growth of the transportation sector through the enabling of drones, autonomous vehicles, robots, charging stations and trade in general.

DAV 

DAV is a computer network that will connect self-driving vehicles (cars, trucks, rovers and drones) to everyone, enabling them to perform transactions using a DAV token. They will be able to use any vehicle, get a ride or pick up and deliver a package. People who own the vehicles on the DAV network may earn tokens for renting the aforementioned vehicles. Users, in turn, can have an entire network of self-driving vehicles, taking them for tokens. As is seen, the autonomous transportation and decentralized transportation networks have a lot of economic opportunities, like decentralized rides and deliveries.

DAV’s open-source technology stack, protocols and UI solve problems through enabling cooperation and positioning the DAV network as a platform for independent innovation.

Drones, cars, trucks and boats are only some of the autonomous vehicles that will soon enter the mainstream. The DAV technology is making the ecosystem a reality, creating the cooperation between autonomous vehicles, service providers and users.

How does it work?

The DAV network actively encourages different developers to take part in the project. The DAV network technology is an open-source software with a developed UI for simple interaction providing the autonomous transportation system.

The DAV processes include various stages: decentralizing protocols around the identity, the discovery, the mission flow and payments.

Decentralizing protocols around the identity. The identity stack enables users and devices to verify their ID to other network participants. 

Discovery. The decentralized discovery represents a truly connected world where any autonomous vehicle can work in any environment.

Communication. The DAV’s decentralized communication provides direct communications between two or more DAV participants using a common protocol.

Mission flow. To enable the exchange of services between two or more parties, DAV offers a communication protocol designed to ease the mission flow.

Payments for the services provided in the DAV network. The DAV token is a core component of DAV. It enables fast and secure service payments for using the DAV network. 

DAV tokens and ICO

DAV is a utility token that can be used on the platform for many functions. 

The ICO sale will start on June 11, 2018 at 13:00 GMT and finish on June 25th 2018, at 13:00 GMT. 

  • Tokens Capped - 708,571,429 DAV. 
  • Maximum Token Supply - 1,771,428,571 DAV. 
  • Hardcap is $38 mln. 
  • The contributions are made in ETH.
  • Minimum Purchase Amount - 0.2 ETH.
  • Maximum Purchase Amount - 150 ETH.

The token distribution can be seen on the diagram below.

CONCLUSION

It’s evident that the autonomous transportation technology and the blockchain technology will become a part of a new economy, and tomorrow, they will monetize the transportation system. The change is coming, so that the opportunities will be limitless. So strike the iron while it’s hot!

What do you think of the future transportation? Would you like to drive an autonomous car or keep on driving yourself? Why?


You can find detailed information on the following links:
Official website
Whitepaper
Bitcointalk ANN Thread
Bounty Thread
Telegram
Bitcointalk Username: CapnBDL
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=212645
My Ethereum address: 0x577FA2553Af35908072Af7fc61270fd98022002b


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Very interesting. What I already knew was that the technology of autonomous cars is already there, but there is a juristic problem when an accident happens. Who is to blame? Who pays the damage? Using a blockchain can maybe solve some problems here.

Indeed, this technology is necessary in this field!

отличная идея для проекта, слежу за его развитием

The automotive sphere has a very large capitalization and it needs modern technology since a lot of things are changing now. It just really needs some transformation!

I agree with your opinion!

Excellent article, I was interested in this project, thank you for what you explained in clear language.

You're welcome!

Indeed the future behind autonomous cars. Already many companies such as Tesla have made a revolution in the automotive field and the benefit of ecology. But there were not those who would make a revolution in the area of autonomous and unmanned vehicles.

Indeed, there are electric cars. But there are no autonomous cars in everyday life!

Cars on new technologies are very interesting

The project is definitely worth it to get to know him better. Thanks for the review!

Yes, I hope you stressed something useful for yourself.

Powerful project with an experienced development team, thanks for the review. I take part in this company and see great prospects!

I have studied the detail of the team and they have a lot of experience!

Good project. I write author

wow, it's amazing project. Very interesting idea

Not just interesting, but also promising!

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