The private rental industry is affected a lot by the lease of property. This industry also a vital part of the sharing economy, attributed to its quality of fast growth. According to a survey, Private vehicle rental industry all by itself will reach a value of worth $90B by end of this decade. This growth has reinforced the launch of platforms which deal with the lease of tools, drones, cars, photographic equipment and construction plant, etc.
The huge implementation and usage of decentralized products and the blockchain technology are changing the dynamics of the market. This upsurge has initiated a change in existing industries. Digital currency trading, identity-management applications, and online games yield millions of dollars of business every day. The common thread between all these is their foundation being decentralized technology. Some studies also reveal that 5% of trading could be involved with or conducted using cryptocurrency by 2020.
HIREGO:
HireGo is the first private car rental application, developed using the decentralized approach. Their aim is to set the technological and usability standards for the car hire industry. They also provide a professional, safe platform to connect interested individuals and to pave a path for others to follow.
HireGo is a peer-to-peer marketplace which permits its users to lease their vehicles. The environment is trustworthy and secure. The HireGo marketplace proposes a database comprising of vehicles’ details, which are available for hire. Users are able to select any vehicle, according to their preference. The marketplace leverages the Ethereum blockchain as both a public ledger for lease transactions, and for conducting the transactions themselves, using a smart contract framework. Vehicles listed on the marketplace are crowdsourced from HireGo users and can be easily added in-app; additional tools are available for “power-users” making larger numbers of vehicles available.
HireGo is the first private car rental application, developed using the decentralized approach. Their aim is to set the technological and usability standards for the car hire industry. They also provide a professional, safe platform to connect interested individuals and to pave a path for others to follow.
HireGo is a peer-to-peer marketplace which permits its users to lease their vehicles. The environment is trustworthy and secure. The HireGo marketplace proposes a database comprising of vehicles’ details, which are available for hire. Users are able to select any vehicle, according to their preference. The marketplace leverages the Ethereum blockchain as both a public ledger for lease transactions, and for conducting the transactions themselves, using a smart contract framework. Vehicles listed on the marketplace are crowdsourced from HireGo users and can be easily added in-app; additional tools are available for “power-users” making larger numbers of vehicles available.
HGO Token:
The name of the token is HGO. It is a cryptocurrency, developed according to the ERC20 standard. There will be a total of 100,000,000 tokens created, of which 60% are being allocated for an initial coin offering. Each token will be divisible by 18 decimal places. Any value exchange on the HireGo marketplace will be conducted using the HGO tokens.
The token will be available for purchase on existing cryptocurrency exchanges and may be used for transaction beyond the HireGo application.
The name of the token is HGO. It is a cryptocurrency, developed according to the ERC20 standard. There will be a total of 100,000,000 tokens created, of which 60% are being allocated for an initial coin offering. Each token will be divisible by 18 decimal places. Any value exchange on the HireGo marketplace will be conducted using the HGO tokens.
The token will be available for purchase on existing cryptocurrency exchanges and may be used for transaction beyond the HireGo application.
• Symbol: HGO
• Base Value: 1 ETH = 4,000 HGO
• Type: ERC20
• Token supply: 100,000,000 HGO
• Base Value: 1 ETH = 4,000 HGO
• Type: ERC20
• Token supply: 100,000,000 HGO
Why HIREGO?
- HireGo enables the users and businesses to develop communities within the app so that they can choose their preference.
- The users of the platform are genuine and trustworthy using blockchain based user identity solutions provides assurances that. Everything will be stored on the blockchain, developing a sound database of a user’s conduct.
- The use of contractual code running on the Ethereum network and smart contracts eliminates the role of middlemen and allows users to conduct fully secure rental transactions.
- When cars become IoT ready future versions of the HireGo contract will allow physical access to the vehicles to be governed by ownership of the requisite tokens.
CONCLUSION:
The downfall in statistics of traditional car ownership has proven that more people are switching to car sharing. By decentralizing car sharing, HIREGO has made it convenient, accessible, safe and convenient than ever before. HIREGO has a dedicated team and its infrastructure ensures a bright future.
The downfall in statistics of traditional car ownership has proven that more people are switching to car sharing. By decentralizing car sharing, HIREGO has made it convenient, accessible, safe and convenient than ever before. HIREGO has a dedicated team and its infrastructure ensures a bright future.
For more details visit
Website:https://hirego.io/
Whitepaper: https://hirego.io/lib/HireGo_Whitepaper.pdf
Website:https://hirego.io/
Whitepaper: https://hirego.io/lib/HireGo_Whitepaper.pdf
Bitcointalk Username: KidsJamanNow
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1308879
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