Mass Vehicle Ledger

MASS VEHICLE LEDGER

This is a blockchain based ecosystem for vehicle industry which enables the users to upload core information relating to their specific car on blockchain.

PROS:

• The platform use enables permanent storage  of data relating to a particular users vehicle  for the entire duration of its lifetime  and ensures that the records are kept free from corruption
• The participants are able to earn MVL token through platform reward system which can be traded  with other participants for goods and services  related to the vehicle industry
• The platform use helps in reducing the unnecessary costs involved in the vehicle sales and purchase as it provides  accurate data  collection
• The platform use enables the users to  get full information about the specific mechanic shops  and   hence easy reward  through  good quality work that meets the strict standards  cutting off unhealthy competition
• The platform promotes transparency as  the potential vehicle  dealer  to easily access accurate data on the car history  hence eliminating the risks associated with any purchase
• The participants can easily upload their driving data through the use of MVL ecosystem which can be analyzed to set a customized insurance rate.
• The platform has an excellent team on board with adequate skills and experience relevant to the platform implementation

CONS:

• The platform lacks a developed  mobile platform supported by Android  and  IOS  to enable the users easily access the vehicle history via their smartphones
• The funds raised by the  MVL token during the pre-ICO stage is not highlighted in the  whitepaper
• The platform doesn’t highlight the vehicle trading trends  and the adopted technologies in different models

SUGGESTIONS:

• The platform technical team should develop a mobile a mobile application supported by Android and IOS to enable smart users to easily access the platform services
• The MVL token  should be  involved in the pre-sale stage to raise adequate funds for the project implementation

NOTE:

MVL ecosystem enables easy connection of vehicle-based through blockchain hence solving the problems related to the mobility industry. I would therefore invest in this project.