Background
The future of electric vehicles and autonomous driving vehicles
In Rethink X's 2017 report, 'Rethinking Transportation 2020-2030', it was revealed that an average of one hour of driving time can be usefully used as users are freed from driving through autonomous driving. If you want to read a book or view a smartphone in the car, an electric vehicle with relatively little vibration is essential.
As such, if the contents of various reports are summarized, about six advantages of self-driving electric vehicles can be derived.
Solution
Smart Contract
The advantages of blockchain come from a decentralized system that reduces time and conflicts as there is no need for an intermediary between participating stakeholders.
However, there is a problem that it is difficult to add more value than a distributed database only with a transparent, consensus-recorded, and shared ledger.
There is a need for a way to implement business logic based on shared data.
Smart contracts operate in a way business logic existing in the form of code is automatically performed when certain terms of transaction agreed between the two are established and the final performance result is determined by agreement.
Therefore, it provides greater security than traditional transaction methods and reduces transaction costs due to the absence of an intermediary.
Advantages of smart contracts
- Autonomy
- Smart contracts do not require third-party intermediaries, so they basically give you full control over the contract.
- Trust
- This is because documents are stored securely on a shared ledger that is encrypted and secured. Moreover, you don't need to trust the other person, and you don't need to expect them to trust you either.
- Cost Savings
- Thanks to smart contracts, there is no need for notaries, real estate agents, advisors, applicants, and numerous other intermediaries.
- Safety
- A properly implemented smart contract is extremely difficult to hack. The perfect environment for smart contracts is protected by complex encryption, so it keeps users' documents safe.
- Efficiency
- The use of smart contracts can save a lot of time that is normally wasted in manually processing mountain piles of documents or sending or transporting them to a specific location.
Tokens
Hybrid Electric Auto Token
Characteristics of HEAT
HEAT will be an electric vehicle that mines cryptocurrency by incorporating blockchain into the automobile industry.
In fact, Tesla CEO Elon Musk said, "It is not impossible to mine virtual assets using vehicle computers built into Tesla electric vehicles," and Tesla electric vehicles such as Model 3 and Model S have built-in vehicle computers with strong computational performance.
In addition, solar roofs can be used to install panels on the roofs of automobiles and use solar energy, which is renewable energy, to contribute to electric power. In that case, HEAT will use three types of energy.
It uses fuel, electricity, and sunlight to drive using the charged battery power during the day and to mine cryptocurrency while stopping in a parking lot at night. Because GPU.CPU is installed in the car, it is possible to mine designated cryptocurrencies other than HEAT.
HEAT’s role
HEAT Distribution and Liquidity
Token information
Token Information
Token Name |
Hybrid Electric Auto Token |
Token Symbol |
HEAT |
Token Platform |
BEP-20 |
Token Cap |
3,000,000,000 |
Token Allocation
Operation |
1,050,000,000 HEAT |
35% |
Marketing |
900,000,000 HEAT |
30% |
R & D |
300,000,000 HEAT |
10% |
Team & Partner |
510,000,000 HEAT |
17% |
Internal Holding |
240,000,000 HEAT |
8% |
Total Issuance |
3,000,000,000 HEAT |
100% |
Roadmap
-
2022.2Q
Project team composition
Whitepaper production & Homepage open
HEAT issuance
-
2022. 3Q
HEAT platform design complemented (Scheduled)
HEAT platform development in progress
-
2022. 4Q
HEAT platform development complement (Scheduled)
-
2023. 1Q
Completed construction HEAT platform ecosystem (Scheduled)
Completed HEAT distribution and liquidity establishment (Scheduled)