INTRODUCTION
Transportation in our contemporary time is something that has come to play an integral part in our daily life. Transportation could come in form of the movement of people or goods to different destinations. This is very important as it lessens the stress and duress required to do such things by manpower. The transport sector has undergone a lot of development and restructuring since its inception, it is still however, not devoid of some of its major shortcomings. Hence, the need for a system of transport that tries to eliminate some of these problems. Dav is a project that proposes to bring a lasting solution to some of the existing problems by implementing advanced technology like drones, supply carriers and value added services to users of the ecosystem by implementing advanced technology like drones, supply carriers and value added services to users of the ecosystem.
PROBLEMS IN THE CURRENT TRANSPORTATION SECTOR
Since the inception of the use of vehicles in 1908 until now when other new technologies and advancements have come, there has always been a need to always produce a better and more effective transportation service delivery system. This need is necessitated by some of the problems inherent in the transportation sector.
The first and major problem comes in terms of funding. The total amount of money spent on the purchase and maintenance of any means of transportation now is quite exorbitant. This has led to a rampant level of agitations made by people to see how these financial constraints can be lessened on them.
There has also been the problem of a centralized system of the production and use of these vehicles whether manned or unmanned. This has led to so much control both by the government and some of the manufacturers of these vehicles making the ownership of a decent mode of transport very difficult.
The interference of third parties also in the mode of payment for various means of transportation is also a problem in the course of the development of this field of endeavor. This interference has made it very necessary for the development of a medium of payment devoid of any form of third party influence of any sort.
The ease of accessibility of forms of transportation is also brought to light on this ground. It is very difficult and highly expensive to have access to a series of autonomous vehicles for use in terms of transportation and other needs associated with transportation.
HOW DAV ADDRESSES THESE PROBLEMS
Dav is a project that seeks to ultimately decentralize and tokenize our modes of transportation or the mediums through which transportation occurs. This project seeks to develop a widely accepted medium of transport that creates a system where everybody is entitled to and provided with a decent mode of transportation whether he or she owns an automobile or not. This tokenized mode of transport brings forth a model of transportation where means of transportation are provided to everybody through this platform. The Dav platform allows independent individuals to also integrate their cars and other automobiles into the Dav ecosystem. This goes a long way towards providing a decentralized transport system or mechanism where anyone can put in their manned and unmanned vehicles on the network. Anyone can buy or sell transportation service on Dav. The platform works with both manned and unmanned modes of transportation. This makes for an efficient peer to peer transaction on the Dav ecosystem.
Dav eliminates the influence of third parties in the financial transactions that take place on Dav. This is done by the creation of a transportation model where the drivers and users can communicate directly with themselves and settle financial transactions through the use of smart contracts that ensure speedy payment without any form of interference or charges paid to any middleman this goes a long way in saving money for all Dav users. The saving process also continues since with Dav, users would all say goodbye to all the rigours involved in vehicle maintenance. All we just have to do is to go into the Dav software and order transport and go anywhere we want to go. Dav team has ensured everyone who uses the platform earns in one way or another. From the insurers, arbitrators, service providers, to the users who are the focus, manufacturers, vehicle providers, etc.
The Dav platform also provides a blockchain system that guarantees the privacy of all individuals using the platform. This is done by the verifiable ledger provided for use on the system which only provides the data of all the vehicles and the number of transactions of the vehicle but not the data of the individuals who use the Dav network themselves. The Dav system is a completely decentralized system that can not be controlled by both governments, banks or even companies. This ability is determined also by the use of cryptocurrency on the platform which guarantees a worldwide payment medium for services rendered by any of the vehicles or its users/owner. This is also governed by the use of smart contracts which ensures the completion of contractual assignments and the creation of a truly trustless system among all users of the Dav platform.
The Dav platform also allows for an advanced communication protocol that guarantees an on-blockchain communication between a user and service provider through the instrumentality of smart contracts. The Dav project seeks to provide its customers with access to autonomous or manned fleets of cars which have a high level of guaranteed safety for all its users and this inversely allows the user to utilize the time given him off the steering wheel to attend to other important or pressing things that may not have been done if he or she was driving. The Dav protocol, its open source technology stacks and the system UI makes for the provision of a system that allows service providers, vehicles, and the users to interact in the ecosystem making for a full level of cooperation amongst them. Where there be any need or occurrence of dispute or strife, the Dav team has made provision for a team of independent arbitrators to amicably settle disputes among users and service providers on the system. All transactions on the Dav platform are fully insured. This eliminates fears arising from damage or injury to any of the users or vehicles integrated into the system. Dav makes the use of the transport sector more convenient for all its users and brings closer to fruition a project that once seemed far into the future.
TOKEN DETAILS
The official token for DAV ecosystem is the DAV Token and it is a utility token based on Ethereum blockchain (ERC-20 token). Its ICO price is 1ETH to 10,000 DAV Tokens. The total token supply is 1,940,199,335. The minimum amount investable is 0.2ETH. The token sale is ongoing already and it's selling out really fast. If you are interested to buy in, visit the website under useful links.
TEAM AND ADVISORS
The team and advisors comprise of experienced intellectuals who are devoted to ensure the project aim is achieved. It will interest you to know that, industry experts from well known giants like IBM, ETHEREUM, SAP, BANCOR, FORD, etc. Check preview below to see team and advisors profile :
EXPERT RATINGS
Top due diligence platforms have rated DAV project very high considering it's strong team and awesome project vision in general. Check preview below :
USEFUL LINKS
To know more about this mind-blowing project, check the links below. Follow on various social media for updates.
Website : https://dav.network/
Whitepaper: https://dav.network/whitepaper.pdf
Telegram community : https://t.me/DAVNetwork
Twitter: https://twitter.com/DAVNetwork
Facebook : https://www.facebook.com/DAVNetworkTeam
Reddit : https://www.reddit.com/r/DAVNetwork/
LinkedIn : https://www.linkedin.com/company/dav-foundation
Github: https://github.com/DAVFoundation
Author's bitcointalk username : deodivine1
Author's bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1390292
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Very insightful
Thanks. The project aim is unique
Please is KYC required for token sale? Very unique piece
Yes, KYC is a requisite to meet AML requirements. Check the website for token sale info
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Great post @cryptozond. Very well researched. Have folowed :)
Please contact me via my telegram @SalmanMiah and we can help each other out.