The Community Token Economy to Reshape the Automotive Industry

Introduction information:

Automotive is a science that studies about the means of land transportation using machines, especially cars and motorcycles. Automotive began to develop as a branch of science along with the creation of a car engine.

In its development, the car is increasingly becoming a complex transportation tool consisting of thousands of components belonging to dozens of systems and subsystems. Therefore, automotive also developed into a broad science and covers all systems and subsystems.

https://cdn.alphacar.io/files/media/acar_show_en_s.mp4

Company's goal:

With an AlphaCar platform Link the Automated World to a Better Future Economic Token Society to Reshape the Automotive Industry.

In order for the car to function properly, service is required on a regular basis (periodically). Periodic service work must be performed by experienced mechanics in accordance with standard procedures performed by ATPM (Sole Agent Brand Holders) and in accordance with the type of vehicle being treated as well as the miles that have been achieved.

Spooring is also required that uses highly accurate computer alignment and is supported by highly experienced operators. Another tool used is Star Diagnostic and Multi Scanner that serves to read and track aspects of errors on various brands and types of vehicles whose operations are supported by expert operators.

** There are 3 components of this project:**

- Block and the auto industry. The automotive industry is the largest market in the world, and the block industry is the best technology to solve the problem. Based on the inherent properties of blockchain technology, AlphaCar will make it impossible to fake or delete all transaction records in the automotive industry.

- Large data with IOV. The platform has the ability to connect to mass equipment and the ability to process data in real time, which support personalized pricing for car insurance and the implementation of joint use of private cars.

- Network effect. The network effect refers to the "Metcalfe law", which is offered by Internet pioneer Robert Metcalfe. The law establishes that the value of the network is proportional to the square of the number of members of the network. The AlphaCar value will increase exponentially in proportion to the number of community members.

Advantages:

• Overall design. Designers around the world are collectively developing new cars and sharing awards.
• General research and development. Engineers around the world collectively develop new cars and share awards.
• Car exchange. Provide the car safely through blocks and IoV technology.
• Insurance based on usage. UBI will reward good driving behavior.
• Car maintenance and repair. The survival of the victims is the safest.
• Automotive trading. Great transparent main data rates

As a centralized organization serving the global automotive industry, AlphaCar.The fund helps global stakeholders in the automotive industry develop a healthy economy and benefit from it. Car owners will enjoy 24-hour car service and continue to improve, such as insurance based on usage, car exchange, car sales, car financing, as well as repair and maintenance of the car.

AlphaCar member car transaction records will be written to block and analyze using AI algorithms with large amounts of open source data. Car service ratings from suppliers will continue to increase along with the best consumer impressions. This will help qualified service providers to grow rapidly in the economy.

The overall structure can be divided into three parts device, cloud and mobile. Cars and car owners are connected by this structure. Device is used for collecting relevant information of the car and the trace of driving. The data is then transmitted from the device to the cloud for statistical analysis. The cloud provides the corresponding algorithms, big data, and artificial intelligence analysis to alert the car owners of the potentail risks of the car in advance, such as Geo-fencing and maintenance monitoring.

The AlphaCar mobile App client provides car owners with a one-stop entry to their cars.
The App will cover car insurance and finance, sharing, repairing and maintenance etc.

Types of prospective Applications of AlphaCar :

1. Application – Automotive Industry Token Economy
2. Application – Usage Based Insurance
3. Application – Car Sharing
4. Application – Shared Design
5. Application – Shared R&D

Token information:

ACAR is a token with real-world applications that can be used to pay for services within the AlphaCar ecosystem. The total amount of ACAR is 10 billion and will never be released.

Participate in this project will be available starting June 18th.

The global automotive industry is a $ 10 trillion market. AlphaCar will support the uncooperative cooperation of all members of the community, covering areas such as design, R & D, manufacturing, supply chain, sales, logistics, finance, insurance, maintenance and processing, and so on.

Project's team:

Roadmap:

To find more relevant details of the AlphaCar project please you follow some resources for the following references:

WEBSITE: [https://www.alphacar.io/]
WHITEPAPER: [https://www.alphacar.io/r/project/file/AlphaCar_WhitePaper_EN.pdf]
FACEBOOK : [https://www.facebook.com/alphacar.io/]
TWITTER: [https://twitter.com/AlphaCar_]
TELEGRAM: [https://t.me/AlphaAutoAssociation]

AUTHOR: [https://bitcointalk.org/index.php?action=profile;u=1287882]