VOLT - The platform is centrally decentralized and allows direct delivery via P2P.

Mei 16, 2018

VOLT - The platform is centrally decentralized and allows direct delivery via P2P.

VOLT adalah platform yang memungkinkan platform terpusat seperti Uber, terdesentralisasi dan memungkinkan pengiriman langsung melalui P2P. Uber dan model lain memainkan peran Central Controller sebagai perantara dan menerima bayaran 20% atau lebih. Model transaksi langsung VOLT P2P adalah model efisien yang bertujuan untuk menghilangkan biaya broker dengan menurunkan biaya langsung ke pelanggan dan kurir, hingga kurang dari 5%, atau bahkan dengan harapan untuk menghilangkan sepenuhnya.

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

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.

The core concept

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 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 their 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 shipped 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 hours.

(There are various regulations and requirements for shipping service in every country and region, but technically there is no way to manage VOLT users, therefore VOLT users do not need to spend time and money to comply with these rules).

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.

The above example assumes a situation where 1 VOLT equals 1 Jula, and the cost VOLT charged for the sender of the message is 5% of the consumer price regardless of the VOLT-Jula calculation rate change.

Market