INTRODUCTION TO DAV ICO (Decentralized Autonomous Vehicles)

Transportation as we all know is one of the most paramount and crucial sectors that every human being can not do without, the evolution of this sector has been a huge concern to all and sundry. Though most proprietary companies have been trying as much as they can to evolve this sector, companies like uber, Lyft, Waymo, google, amazon and lots more have been using different technologies in making transportation of goods and humans a lot more enjoyable, convenient and easier but the need for more improvement has been yearned for by the masses. For this reason, DAV network has been proposed by a blockchain company to meet some demands that the masses are yearning for and further evolve the sector. In this article, I will be introducing this awesome blockchain project, read on and enjoy the ride...

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What is DAV network?

DAV which stands for Decentralized Autonomous Vehicles according to their white paper is simply a computer network that will ultimately connect self-driving vehicles (such as cars, trucks, rovers, and drones) to everyone on the network, enabling them to discover, communicate, and transact using a token.
What this means is that DAV is going to provide a connectivity between different self-driving vehicles, this connectivity and interaction will help the vehicles to interact and work together, the users of this network can then be able to use any of those vehicles to go for a ride and pay using a token.

The benefits of this great innovation are not tailored only for consumer purpose, because DAV also proposes to create an incentivized system in the network thus making those who have self-driving vehicles to put them into work in the network and be getting payments on the usage of their vehicles for services from their users thus creating economic opportunities for the masses.

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Whats new about this technology and why should it be adopted?

Obviously, this technology of using self-driving vehicles and drones is already in existence, proprietary companies like domino's pizza delivery robot that uses drones to deliver pizza, Waymo's autonomous taxi, etc are already in existence but the adoption of these emerging innovations has been quite slow, reason is because of its centralization, the need for a fully functional decentralized autonomous transportation system has been anticipated by the masses.
This decentralized autonomous transportation system is what DAV network proposes, using DAV's protocol, anyone is free to utilize this transportation services or even be able to put his or her own autonomous vehicle to work on the network and be earning incentives, in DAV's network, all participants will partake in the incentives being gotten from the users of the services of these self-driving vehicles (drones, cars, trucks, rovers, etc) using blockchain technology and smart contracts thereby creating a decentralized peer-to-peer transportation ecosystem.

What is the benefit of this decentralized autonomous transportation system to the transportation sector

One of the huge benefits of DAV network is the open-source technology that they propose to adopt, what this implies is that transportation services will be made open for participation, this will make new players to enter into the system there by creating distributed value and boosting participation in the transportation economy unlike what is available now where by only some few proprietary companies are into the system.

Conclusion

With this brief introduction about DAV network, its clear that it is a welcome development that is going to disrupt the transportation sector in a positive way and this great innovation is feasible owing to blockchain technology which has been revolutionizing almost all sectors, fortunately DAV is bringing blockchain into transportation, wow...isn't that cool, in my next post, I will analyze DAV's team members and why I believe that the project will be a success. ICO investors can take advantage of DAV's ICO and grab their token which will be a utility token for their network, do visit the links below to know more about DAV and their token sale which will commence in few days. Thank you.