VLB Tokens

VLB TOKENS is platform for vehicle cycle built on block chain enabling the storage of vehicles ownership, insurance history, repairs, maintenance and other records throughout the vehicles life cycle.

PROS:

• Complete and transparent car history enabling the buyers to get more information and make right decision
• The users are able to have cheap rides as the cars can be easily attained
• The updated history promotes easy interactions between the participants
• The platform reduces constant warranty claims  and car recall costs hence less costy
• There is good control and the  all the prices of maintenance are performed by authorized dealers hence preventing any exploitations making it user friendly
• The  platform provides secure repairs  which are not affordable to the participants making and transparent details of the vehicles making car ownership easily of less maintenances cost
• The team is credible with full experience led by the founder Oskar Hartmann who has a vast experience on car price

CONS:

• The platform token pre-sale is not tested  to measure  its suitability
• The platform is missing a mobile application where participants can easily interact

SUGGESTIONS:

• The team involved should generate a mobile application supported by Android and IOS for easy use of the platform
• The platform token  suitability should be tested during the pre-sale stage

The VLB system is being deployed on the already functioning CarFix business, with a large number of system functions already realized and even functional. One has to note the strong team, clearly assembling precisely the experience needed by this kind of project. It is true VLB doesn’t have answers to all the questions. At this point it’s not clear how exactly the many legal obstacles will be dealt with – at the least the team would require negotiating with local authorities to register car accidents, which would have to be a separate process for every country (even though the issues will have some similarities).
However, the project is targeting a vast market, going down the road paved by an existing workin business. The already mentioned team composition lends the project additional credibility, including advisors Hannes S. Chopra (CEO of Sberbank Insurance), Sergey Solonin (CEO and founder of QIWI Group), Alexey Arkhipov (Director for crypto-technologies at QIWI), Nitin Gaur (Director at IBM Blockchain Labs), Igor Pesin (Life.SREDA), David Drake (Founder and Chairman of LDJ Capital) and others.
VLB may have a big future yet!