Bizshake: The P2P sharing ecosystem on NEO Blockchain

in #bizshake6 years ago (edited)

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Bizshake is looking to revolutionize trading using the enhanced NEO blockchain. In an effort to put a dent in the asset allocation ecosystem Bizshake is using the peer to peer system to improve trust between traders.

Bizshake has two absolutely grand business models; Smartrent and Smart Pawn.
With Smartrent Bizshake users are going to be tempted to rent their assets to other users for a small fee, and for a specified amount of time. Using blockchain and peer to peer technology they hope to inculcate a sense of trust between the renters and the owners of the asset.

Smartpawn on the other hand will allow Bizshake users to avail small loans while keeping their assets as a guarantee. With no possibility of fraud, both the lender and the borrower will know their assets are safe.

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Their business model is extremely interesting. Too begin with using blockchain technology will have an impact on the fees of these items that are being rented out or pawned. Fees will be considerably less than what they are currently which can only work to improving the economy. Also it provides everyone an ability to earn additional income by giving their assets for rent.

With Bizshake products, and services that were not available in certain markets will now be readily available for all to use.
Bizshake is trying to improve the welfare of the people by providing users from all over the world the ability to have access to good and services that they might not always have access to. With so many assets available for rent online, not only will more people have access to the goods, but more people will be able to afford the low renting costs the
assets require.
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They even have an innovative method to take care of any disputes that might arise between the lenders and the borrowers. Using the trademark, SmartDispute system a panel of arbiters formed by the users will solve disputes among-st themselves. There will be no need for a judiciary system to get involved.
The arbitration rights will be held with the users who have the most credibility. You can improve your credibility score by increasing the number of transactions you have on Bizshake and the merit of those transactions.

Also technically speaking Bizshake is built on quite a robust NEO blockchain system. It allows for scalability of the operations when required as well as lightning quick transactions. Not to mention that it is one of the few blockchain technologies out there which are complaint with the governmental regulations. Also since it uses the delegated Byzantine fault tolerance systems to create new blocks and doesn’t require mining, the effects on the environment are not as bad as what you might have heard about other blockchains.
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There are also a lot of new API’s that they’re going to be rolling out. Smartcertify for instance is an interesting method of reviewing the assets a user has provided for rent. Using the community to help remove fake or broken items from the system will instantly improve the platform itself.

I for one am greatly looking forward to the release of these tokens. However, before you invest in an ICO you need to do your own research and will do so at your own risk.
Disclaimer: This article was created in exchange for a potential token reward through Bounty0x.

Website: https://www.bizshake.io/
Whitepaper: https://www.bizshake.io/sites/default/files/BizShake_Whitepaper_1.2_ENG_0.pdf
Bounty Thread: https://alpha.bounty0x.io/hosts/BizShake
Twitter: https://twitter.com/bizshake_ico
Facebook: https://www.facebook.com/bizshake
Telegram: https://t.me/bizshake
ANN Thread: https://bitcointalk.org/index.php?topic=3223829.0

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2153838

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Good information about NEO blockchain @kulsuma!

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