BizShake: The Peer-to-peer sharing ecosystem that use blockchain technology

in #bizshake6 years ago

BizShake is constructing an entire ecosystem of Apps aimed at encouraging and allowing users to share their own possessions or assets, optimizing the value generated by their utilization and maximizing the assets allotments throughout the community itself. BizShake aims at building multiplatform applications that will permit the users to exchange the impermanent usage right of a fastidious asset with economic advantage for each party, based on pre-exchange accords. The multi language applications will be accessible for both mobile devices and web (Android and iOS).

As we know, there are many firms that largely focus on renting assets, but most of them have no a triumphant stories of peer to peer (P2P) sharing, due to trust issues. For the most part of crptocurrency existence, the online exchanges have served as the main gateways into the crypto world. Small firms both physical and online are accepting cryptocurrencies as payment and this brings the need for users to have some kind of interface amid the cryptocurrencies and the economies of the real world. I want to take you through how BizShake will guarantee security and trust to its users through the use of Peer-to-peer sharing.

BizShake Peer-to-peer sharing

‘Decentralized’ or ‘Peer-to-peer’ (P2P) exchanges are maintained and operated entirely by the software. With the use of the decentralized platform that uses distributed ledger technology, BizShake will allow its participants to trade directly with each other without the involvement of the third party. With the understanding that most regular cryptocurrency exchanges are firms that serve as intermediaries between their clients and make a lot of profits by gathering fees, BizShake aims at providing a platform that will be secure and cost effective for all the users.

Source: (BizShake.org, 2018)

The benefits that users will get from BizShake use of decentralized exchanges

With the decentralized peer-to-peer exchanges, BizShake users will be able to save much time as the platform will not be run by individuals who are widely known to be slow as compared to the platforms run by software’s. With the P2P exchanges, BizShake will be able to provide a high resistance to operation censorship and the platform will be cheap to use, secure and guarantee privacy for all users. The platform will ensure faster trades as the decentralized cryptocurrency exchanges will guarantee that the transactions run concurrently. With the understanding that P2P exchanges are practically impenetrable to government interfering as they do not have any central point of power which could be forced, this helps to increase the users base of local cryptocurrencies.

With BizShake, users are guaranteed cheap operations as softwares run the operations reducing the overhead costs. Users are able to pay less when using the systems as opposed to when they are using the regular exchanges operated by individuals who need to be paid for their work.

The privacy will be enhanced for the users as all the information collected will be kept away from the third party. P2P exchanges through BizShake will ensure security for the users as the third party will be eliminated.

Source: (BizShake.org, 2018)

With the BizShake and the Blockchain technology, rest assured that trustworthy transactions will be facilitated as the smart contracts will guarantee reliability and ensure traceability of the transaction.

LINKS

Website: https://www.bizshake.io
WhitePaper: https://www.bizshake.io/sites/default/files/BizShake_Whitepaper_1.2_ENG_0.pdf
Telegram: https://t.me/bizshake
Medium: https://medium.com/bizshake
Facebook: https://www.facebook.com/bizshake
Twitter: https://twitter.com/BizShake_ico
LinkedIn: https://www.linkedin.com/company/bizshake

All Images/videos are credited to BizShake Official Website

Author: Gitagiajose

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2303447

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