ICO REVIEW : VOLT - P2P Delivery Platform based on Blockchain

thomas26 (25)in #blockchain • 6 years ago

If you are reading this paper, you are likely to have some knowledge about cryptocurrencies. If not, you should do some small researches on Google to find out more about it. There are hundreds of articles and communities which will show you the way. You can head for some keywords such as ICO, Bitcoin (BTC), Ethereum (ETH) and plus more. If you already did your homework, I can now explain to you why this post is written. Nowadays, ICO market is just like the Wild West during the peak time of gold rush. If you know the way, earning good money is not some difficult, but you have to find a good-enough project to invest in. Here is one of the promising projects that I am extremely excited to tell you: VOLT.

I. About VOLT

VOLT is a platform that allows centralized platforms such as Uber, to be developed in a decentralized manner and enables direct delivery through P2P. Uber and other models play a role of Central Control as middlemen and receive a fee of 20% or more. VOLT’s P2P direct deal model is an efficient model that aims to eliminate brokerage fees by lowering direct costs to customers and messengers, to less than 5%, or even in hopes to eliminate completely.

The current conveyance demonstrate is a unified model, with a framework called Hub and Spoke. This brought together model, including DHL, has overwhelmed the conveyance showcase around the world. Be that as it may, the concentrated model can’t address the issues of same day conveyance. VOLT is blockchain-based P2P conveyance show that fathoms restriction of that day conveyance more successfully than existing models.

II. Features Of VOLT

Decentralization
VOLT is a decentralized platform. There is no middleman or broker, which leads to lower the cost offered for customers, and also maximize profit for the messengers.

Transparency
In VOLT, we offer a transparent environment. All customers and messengers or delivery companies benefit from the privacy and transparency of the fees and expenses.

Security
A secure payment system that allows two authenticated P2P entities to send and receive money that gets held in VOLT Tokens until after a successful exchange of services between the two parties.

Same Day Delivery
VOLT ‘s same day delivery shortens delivery time to 1–5 hours, whereas 1–3 days in the existing online shopping mall. Hub & spoke is a system that collects all items to be shipped, classifies them, and then delivers to their destination. This means that any parcels to be delivered from 32nd Street to 54th Street in Manhattan, NY will be sent to Delaware for classification and delivered back in Manhattan. This is time-consuming and also incurs large warehousing costs.
In order to solve this inefficiency, a messenger located near 32nd street collects only what is to be sent nearby and delivers it as P2P so that it can be delivered within a few hours.