MOVECO

What is Moveco?

Moveco is a blockchain-based mobility ecosystem that seeks to lessen the burden of car ownership while at the same time rewarding users for the miles driven in order to create a safer future with smarter mobility. The ecosystem's main goal is to drive a mobility future that is safer, smarter, more efficient, and affordable through gathering and providing insight on car generated data.

How does it work?

1. MOV tokens are earned by moving, that is to say, you acquire MOV by driving, using mobility services, or simply walking, using an uber and public transport. Users can also utilize the tokens to get discounts on their gas bills or even exchange the tokens.
2. Moveco aims at creating a model where users of the platform will earn the MOV tokens according to the quality and quantity of data that they shared. And this could result in a reduced financial burden of owning a car while providing users with an opportunity to contribute in creating a more personalized mobility future.
3. The tokens earned are redeemable for goods and services or experiences on the Moveco Redemption Platform.

MOVECO VISION
Is to create a platform of mobility ecosystem where consumers received rewards for data shared and this is done through MOV

How is Moveco using blockchain to power our mission?

Since all interactions between the users and the blockchain would be immutable and irreversible, the interaction records between users and our redemption partners can be used to understand the user behaviors in an anonymous fashion. Blockchain can be used to managing the digital identity of users when it relates to mobility. Digital identity is critical to many businesses and social transactions. Traditional identity systems are costly, disjointed, and fallible. They hinder innovation and customer experience. The distributed trust model is a new way of managing identities that cannot be compromised.

FUTURE OF MOBILITYThe world is changing, as technology is expanding, the use of crude oil in riding vehicles will soon end and with the greater focus on shared mobility, Car autonomy, Electrification, and vehicle connectivity, the amount of car generated data will grow rapidly. Car generated data is the key to making the future of mobility safer and more convenient, it is also an important factor to building new mobility services that would save customers both money and time. Everyone is racing towards the future where the vehicles of tomorrow is believed to be shared, autonomous, and electric.

BENEFITS OF MOVECO

Data privacy
Moveco implements security standards and guidelines to ensure anonymity of data and compliance with all the regulations regarding privacy, security, and safety.


Big Data and Machine Learning
Moveco has integrated big data and machine learning into its system, which is useful in understanding mobility patterns and user behaviors that enable real time analytics and the creation of predictive models.


Security and Decentralization
Through the blockchain and smart contract, Moveco uses a secure and decentralized form that is guaranteed in the mobility and data-centric use cases. The blockchain technology allows users to share and monetize data in a secure and anonymous way.

Moveco Advantages
This platform is based on the stellar network, which has an established presence in the blockchain technology framework. The system has such advantages as:

• The system depends on MOV as the token for transactions that would record data and other kinds of transactions on the platform.
• Stellar forms the payment network for this system with conveniences like low transaction fees and fast processing time.
• Data would be collected from users who join the network and at the same time the data would be kept secure.
• Data would be stored in an encrypted manner and would be validated by MovNet system.
• The IP address of the users is used for validating the data, but it is not stored or used in any other way.
• Data reports, as well as insights, would be generated on the platform which would help companies and individuals to study driving behaviours or when autonomous driving modules are being developed.
• It would have Moveco app as well as to require Drivebox Lite to be installed which would reward consumers who provide data with MOV tokens.
• The application would reward drivers of connected cars as the application would be able to generate information from vehicle sensors of such cars.

MOVECO MAIN LEVELS OF REWARD
LEVEL 1

• General Mobility Data: here users get rewarded for downloading the Moveco app and let it run.
  LEVEL 2
• Driving Behaviour Data: Drivebox lite is install to track drivers behavior and good drivers get rewarded by reducing their premium by insurance company partnering with moveco.
  LEVEL 3
  *Autonomous Driving Data: here users will be rewarded based on how they are participating.Movco has a marketing platform where its partners can provide personalized and targeted offering to the users, which will lower prices and facilitate the direct interaction between manufacturers and consumers.

Token Specifications

Name: Moveco Tokens
Symbol: MOV
Total Supply: 1,000,000,000 MOV tokens
Accepted Payments: ETH, ZEN, and XLM
Sale Amount: 180,000,000 MOV (with bonus)
Exchange Rate: est $0.15 USD <> 1 MOV
Softcap: $5,000,000 USD
Hardcap: $20,000,000 USD
Private Pre-sale: End of May 2018
Corporate Sale: End of May 2018
Crowd Sale: June 1st to July 1st
Token Contract Address: To be announced

MOVECO TEAM

ADVISORS

Roadmap

Conclusion

In my opinion, Moveco would help in creating a new technology which will help in reducing the burden of Car owners. While it can help ride sharing, autonomous driving, cab service apps and other related industries, it would also reward users who contribute their data by staying connected to this platform and allowing their movement data to be recorded.
Moveco is a unique concept that has much potential for the automobile industry.

For More Information About Moveco:

Situs web: https://moveco.io/

Whitepaper: https://s3-ap-southeast-1.amazonaws.com/moveco-site-static/whitepaper/Moveco_v149.pdf

Twitter: https://twitter.com / moveco_io

Telegram: https://t.me/moveco

Facebook: https://web.facebook.com/MOVECOMOBILITY/?_rdc=1&_rdr

Profile : https://bitcointalk.org/index.php?action=profile;u=2005736;sa=summary

ETH : 0x37B6953a3D9c40D5e40Dfc7DA2B8A58223b2a583