Hello friends, this time I want to share information to you about VOLT Platform, hopefully this information can be useful for all of us.
WHAT IS 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 fee by lowering direct costs to customers and messengers, to less than 5%, or even in hopes to eliminate completely.
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 fee by lowering direct costs to customers and messengers, to less than 5%, or even in hopes to eliminate completely.
The existing delivery model is a centralized model, with a system called Hub & Spoke. This centralized model, including DHL, has dominated the delivery market worldwide. However, the centralized model is unable to meet the needs of same day delivery. VOLT is blockchain-based P2P delivery model that solves limitation of the same day delivery more effectively than existing models.
VOLT is a revolutionary new project that aims to overcome the problems of current delivery systems using blockhain technology. One of the core strength of VOLT is the decentralized ledger that essentially eliminates the middleman and therefore the costs associated with delivery. The system will provide benefits for all parties involved, which includes the messenger (delivery person), consumer, small businesses, large corporations and society.
How does it work?
The P2P decentralized ledger is used instead of centralized delivery processing hubs to handle every order. Smart contracts will be created that messengers can accept based on their preferences. The automated pricing system is handled by AI that will use a number of factors to determine the final cost of the delivery transaction, which includes delivery date, weather, distance, region and transportation.
Messengers themselves can complete contracts based on region and distance preferences. Consumers will on average have their packages delivered much faster than with current delivery methods. The data shows that around a quarter of consumer would pay more for same-day delivery. So there is a huge demand for faster delivery, but with the bottlenecks that centralized systems create it’s not practical to offer same day delivery service around the world.
Furthermore, the elimination of the centralized processing center means that the costs of delivery are significantly reduced. Typically, the middle man would take 20–25% commission, but that will be reduced down to less than 1% with VOLT.
Messengers themselves can complete contracts based on region and distance preferences. Consumers will on average have their packages delivered much faster than with current delivery methods. The data shows that around a quarter of consumer would pay more for same-day delivery. So there is a huge demand for faster delivery, but with the bottlenecks that centralized systems create it’s not practical to offer same day delivery service around the world.
Furthermore, the elimination of the centralized processing center means that the costs of delivery are significantly reduced. Typically, the middle man would take 20–25% commission, but that will be reduced down to less than 1% with VOLT.
FEATURES
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.
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.
MARKET ANALYSIS
The delivery service market is dramatically increasing worldwide. The online shopping market expands more than 20% annually, and its expansion is directly correlated with the delivery service market. Even the food delivery service market has recently increased dramatically worldwide, causing a correlated increase in the delivery service market, as well. Both online shopping and food delivery critically require an efficient, reliable and speedy delivery system.
BENEFIT FROM VOLT
Consumer: the customer will see the fee for delivery before hand, which means they can decide if the price is competitive compared with other means of delivery. It would work by starting up the app and selecting the start and end locations of the delivery — the AI system would then calculate the pricing. The order is shared using the blockhain technology and once a messenger accepts the progress of the delivery can be viewed in real time.
The result is a faster and cheaper way of getting things delivered. It means same day delivery for the majority of items is not only possible, but probable.
The result is a faster and cheaper way of getting things delivered. It means same day delivery for the majority of items is not only possible, but probable.
Messengers: the people making deliveries can be diverse, anyone from established companies to individuals looking to make some extra money on the side. Using the app a messenger can filter the orders that they are best equipped to deliver. This allows them to set the working conditions and there is no hassle with having to jump through regulation hoops in order to get started.
Small businesses: a small business will not be forced out of the market due to competitive delivery costs of large corporations. A local family business can use VOLT to get their products delivered at low prices and just as fast as any competitor.
Large corporations: there are many moving parts to a large corporations and VOLT will help with the automation and integration of the delivery system. There is nothing to manage when it comes to using VOLT as the system is setup for a hands-free approach. This will improve the efficiency of large corporations and reduce the cost of delivery.
Society: for the unemployed VOLT presents an alternative way of making money that’s accessible to anyone. This should reduce unemployment rates and help people struggling to make money make ends meet. The carbon footprint produced from deliveries will be reduced since the VOLT system is more efficient. Furthermore, it will open up new opportunities for emerging businesses as the accessibility and scale of VOLT helps deliver to wider customer base at a lower cost.
TOKEN FLOW
A customer who requires the service can purchase the coins from the Exchange. A customer will purchase 100 coins for the delivery service that costs 100 coins. The customer will pay 100 coins to VOLT where VOLT corresponds the request to the messenger. After the service is completed, VOLT transfers 95 coins to the messenger. Approximately 5%(the rate can be adjusted to maximize profit) of the coin is used as a commission to the company profit. The company sells the coin earned to the Exchange to produce revenue.
The revenue is used to maintain the company or provide dividends to the VOLT shareholders, but not to the coin-holders. If this process goes through a cycle, the coin demand eventually will be higher than the supply from the Exchange, resulting in higher price for the coins. A combination of algorithms and current coin price, VOLT adjusts the coin/Jula rate. In long term, coin/Jula rate will increase, and thus able to own higher Jula with 1 VOLT Coin. And consequently increases the value of Jula.ake money make ends meet. The carbon foot print produced from deliveries will be reduced since the VOLT system is more efficient. Furthermore, it will open up new opportunities for emerging businesses as the accessibility and scale of VOLT helps deliver to wider customer base at a lower cost.
ROAD MAP
TEAM
The decentralization of delivery systems is the natural next step to take and VOLT presents an intriguing solution. With the quality of the benefits for consumers and messengers it is only a matter of time before this system takes off.
VOLT is an exciting new token that may be the way the majority of deliveries are executed in the future. As time goes on the potential of a decentralized delivery system will evolve and new benefits will surface. Expect big changes in the delivery space in the years to come.
VOLT is an exciting new token that may be the way the majority of deliveries are executed in the future. As time goes on the potential of a decentralized delivery system will evolve and new benefits will surface. Expect big changes in the delivery space in the years to come.
If you need more information about VOLT, please to visit our link at :
WEBSITE : https://volttech.io/
WHITEPAPER : https://volttech.io/public/Final%20VOLT%20White%20paper%200410.pdf
TWITTER : https://twitter.com/Volt_Technology
TELEGRAM : http://t.me/voltico
FACEBOOK : https://www.facebook.com/VoltTechnology1
LINKEDIN : https://www.linkedin.com/company/volttech/
MEDIUM : https://medium.com/volt-technology
INSTAGRAM : https://www.instagram.com/Volt_technology
YOUTUBE : https://www.youtube.com/channel/UCR1z3WNo2OR0y--SNEy1G3g
WHITEPAPER : https://volttech.io/public/Final%20VOLT%20White%20paper%200410.pdf
TWITTER : https://twitter.com/Volt_Technology
TELEGRAM : http://t.me/voltico
FACEBOOK : https://www.facebook.com/VoltTechnology1
LINKEDIN : https://www.linkedin.com/company/volttech/
MEDIUM : https://medium.com/volt-technology
INSTAGRAM : https://www.instagram.com/Volt_technology
YOUTUBE : https://www.youtube.com/channel/UCR1z3WNo2OR0y--SNEy1G3g
Thank you and I hopefully, VOLT will be success.
Written by :lani123lani
Profil BTT : https://bitcointalk.org/index.php?action=profile;u=1220105
My Ether Wallet : 0xaeC6B59a69a13FBea61AC87b27Cc50d8F594F923
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