https://dovu.io/
DOVU is shaping the crypto model for the mobility ecosystem. Introducing a transport focused protocol to accelerate the development of mobility related decentralised applications (dApps), the DOV token powers new business models in the transportation sector.
The DOV token creates a digital economy for transport for the next generation. Every mobility related application that transacts monetary value can benefit from blockchain based currency. Using the DOV token unlocks benefits such as trust (Smart Contracts), flexibility (micropayments), and security (authorisation). Vehicle usage will evolve and offer new opportunities for ownership. Imagine flexible leasing on a daily or minute rate, with up-front authentication, built-in insurance and value-based pricing. Or offsetting your fuel/charging costs by sharing your data and getting rewarded with free/discounted fuel or servicing. Ride sharing and car-pooling suddenly becomes an opportunity for income generation. Terms and conditions are agreed and legally enforcing from point of transaction, diminishing the need for administrative paper work and optimising asset utilisation. In the not too distant future, autonomous cars cannot only drive themselves, but also pay for themselves. When a passenger enters the car, the car calculates the cost associated with the trip and determines value-based pricing accordingly. Insurance policy is flexible based on actual activity, and payment is invisible and instantaneous.
Taking the Mobility as a Service analogy further, the blockchain makes decentralisation possible. The DOV token empowers vehicle owners to monetize their assets by selling rides, cargo space or even the use of the vehicle itself. The blockchain can store data about the vehicle’s usage and information about vehicle owners, drivers and passengers. This profile information can help validate a Smart Contract between two parties plus manage payment of services between them without need of a financial intermediary, thereby saving transaction surcharges. The system may also provide connectivity to vehicle functions for remote locking/unlocking doors and engine startup/shut off. In fact, you can decentralise most business models in mobility
DOVU Ecosystem
- Dovu Protocol
The DOVU Protocol empowers ‘data owners’ (individuals, organisations and even IoT devices – any source of data) to control access to the data shared, whilst receiving value from future profits of the use of that data in return – in the form of DOV Tokens.
‘Data providers’ (those that create APIs to resell data) can define Smart Contracts to set conditions of use and the level of reward they are willing to offer to data owners, whilst data owners forever retain control to cancel the contracts, change and revoke permissions.
This is a paradigm shift away from blanket acceptance of traditional terms and privacy policies, granting large organisations the permission to use and resell data without few, if any, controls on its use, and with little recourse or cancellation if abused.
The DOVU Protocol, APIs and open source code libraries will make it possible to harness the power of Smart Contracts and Blockchain to put control of data back in the hands of the data owners. Fairly rewarding them for it, and thus encouraging greater sharing of data, whilst automatically reprimanding or blocking if there is a breach of agreed terms.
- Dovu Api Marketplace
The DOVU API Marketplace platform will provide data providers with the tools to list and sell data to consumers, and also to define costs and terms in Smart Contracts to be executed on the blockchain. Developers can contribute to APIs, Smart Contract and app developments and be rewarded in DOV tokens – this will organically grow the DOVU powered transport API ecosystem.
- Data Owner - An individual or organisation that ‘owns’ some data. Data is passed to data providers and is signed so that any actor further up the chain can determine the authenticity of the data.
- Data Provider - An individual or organisation that takes ‘owned’ data and supplies it through means of a documented API.
- Data Consumer - An individual or organisation that interacts with the DOVU platform to consume data from data providers, e.g. developers.
- DOV Token
The DOV token is central to our ecosystem. It’s the unit of value that allows us to create this new circular economy linking consumers to data providers (and vice versa) and also rewarding those sharing data.
For our ecosystem to flourish in the transport sector we encourage use of the DOV token within it, ultimately building more value for customers as adoption and utility grows.
The DOV token is the only unit of value used across DOVU platform. Every purchase, sale, exchange or any other transaction on the platform will require the use of DOV tokens.
A decentralised global ledger combined with a token that’s required to use that ledger aligns incentives and creates more intense product engagement. Blockchain uniquely rewards early adopters. The product becomes more useful as more users join and demand for the token increases, which as a result increases the value of the ownership stake for users. In other words, token utilisation and network effects continuously reinforce each other which benefits early adopters.
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Dovu Crowdsale
A finite amount of 1.2 billion tokens will be issued. Of these 1.2 billion tokens, 25% will be made available for the token sale. There will be a lock-in period of 2 years for any unsold tokens.
The token distribution event is capped at 85362 ETH.
1 DOV = 0.00032001 ETH.
The crowdsale will start on October 3rd 2017 17:00 UTC.
• Early Bird Bonus: 10%
• Maximum amount: $30,000,000 USD
• Max DOV total supply: 1,200,000,000 DOV
• Max DOV sold by crowdsale: 300,000,000 DOVEnd time: Oct 17th 2017 17:00 UTC
JOIN CROWDSALE https://dovu.io/
Timeline
Alternative Link
https://www.facebook.com/DOVUglobal/ https://twitter.com/dovuapi blog https://blog.dovu.io/ telegram https://t.me/dovuico discord https://discord.gg/6uFPys2 youtube https://www.youtube.com/channel/UCxiQtFv5gIaxIr1hnF1PQOw bitcointalk https://bitcointalk.org/index.php?topic=2116249.0
Blockchain is a distributed database that maintains a continuously-growing list of records. These records, called blocks, are secured from tampering and revision as each block contains a timestamp and a link to a previous block(working explanation provided in the next section). These are the underlying building blocks for BitCoins and other cryptocurrencies.
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