Hello everybody, this new dipostingan I want to introduce about Hirego project, and for more details let's just go to the following discussion:
In a rapidly decentralized world, there is a strong motivation for disquieting tasks,centralized services and to create user-oriented alternatives. This paper presents a new solution for peer-to-peer vehicle rentals that utilize smart contracts to ensure user safety and transparency.
With the advent of shared economies, there has been a sudden and dramatic increase in personal popularity. The Airbnb and Uber platforms, two of the most widely cited examples of this economic shift, allow millions of users to lease their properties or services to others in return for a fee.
The private leasing industry, part of the share economy associated with rental properties, is a fast-growing sector. Private vehicle rentals alone are estimated to be worth $ 90B by 20201. This growth has spawned a platform that facilitates the rental of tools, cars, drones, photographic and construction equipment, to name but a few.
Vehicle rentals make up most of the private rental sector and largely dominated by a small number of platforms. Turo is an application leading in the market that offers a user base of over 2 million. This platform, unusually, imposes a tremendous 25% fee for transactions with multiple platforms raising this as high as 35%. There is a lack of choice and competition in this arena.
"This is an interesting move - and highlights that despite the buzz around the 'share economy' some of the most successful pilot companies in the space end up looking very much like the traditional business they are trying to disrupt." - Business Insider
Given the increased user controls offered by the sharing economy, the lack of decentralization is staggering: the incumbent industry capitalizes on data ownership and monopolization of its users. Transactional data is created and stored by the platform and can not be accessed by the users concerned. This information is invisible because for the user, it can contain sensitive or valuable information and be the target of theft.
"Everything that can be decentralized, will be decentralized." DavidA.Johnston.
Using a blockchain-based user identity solution provides assurance that the users of the platform are genuine and trustworthy. Reviews and comments made by users will also be stored in blockchain, creating an irrefutable record of user behavior.
HireGo allows people and businesses to create communities within the app so they can decide who to share their cars with
The use of smart contracts, contract codes running on the Ethereum network eliminate the need for intermediaries and allow users to perform untrusted transactions
When the car becomes the future version of the next version of HireGo contract, it allows physical access to the vehicle is governed by the possession of the required tokens.
The HireGo app, soon to be released for iOS, Android, and the Web will allow users with little or no knowledge of blockchain technology to access HireGo rental platforms easily and start enrolling vehicles or finding available cars for hire.
HGO tokens and smart contracts will be used for all transactions. Users can convert from and to other currencies in the app.
Users will be able to access the HireGo platform from anywhere in the world.
For more information on apps and smart contracts see our white paper.
Our beta dapp is available at Rinkeby in demo.hir$io
- Symbol: HGO
- Basic Price: 1 ETH = 4,000 HGO
- Type: ERC20
- Hard cap: 11.836 ETH
- Token Suplay: 100,000,000 HGO
To contribute and Know the progress of this offer, you may visit some of the following Links:
The bitcointalk name: Aray80