A THOROUGH LOOK AT BIZSHAKE SMARTRENT AND SMARTPAWN SERVICE

OVERVIEW OF BIZSHAKE

Bizshake, built on NEO blockchain, is a decentralized peer-to-peer ecosystem which seeks to offer users with availability of assets for renting or lending in a secured and trusted manner with the aim of making a huge number of assets available to users. some of the services rendered by bizshake are smart-rent and smart-pawn. Smart-rent is the process where are individual or organization rent out an asset to another individual in exchange for money and the agreement of the rent being fostered by an online system or protocol whilst smart-pawn is a form of pawn where the rules of the asset being pawned or used as a collateral are ensured by an online system or protocol. In other words, smart-pawns or smart-rents do not require a physical law enforcement agency or lawyer to ensure the rules for the rent or pawn are being followed. Why Bizshake? And what makes Bizshake smat-rent and samart-pawn unique?

USER-FRIENDLY AND USER-CENTRED SMARTRENT/SMARTPAWN

User-friendly and user-centred characterizes smart-rent/smart-pawns offered on bizshake forum. Users are allowed to quote the price for their own asset, the period when the asset will be available for renting, the geographic area the asset will be available or moved to. However, bizshare forum ensures that individuals offering renting services do not overprice their service. The user who wants to rent the asset can also reserve the it by making the money or the pawn needed to rent the asset available in his/her wallet. This is to ensure that a large number of assets is made available for users of the platform without obstacles or third parties. With bizshare blockchain, users have the right to decide a reasonable price, location, time frame and other decisions regarding their own assets renting or pawning. This enhances user friendly and user-centred approach.

SECURED AND SAFE SMART-RENT/PAWN

Secured and safe rent/pawn is another alluring feature of smart-rent/pawn offered on bizshare blockchain. The details of either service is stored on the blockchain making it impossible for individuals to tamper with it. Moreover, the users involved in the rent/pawn service can have access to the stored file for future use. In order to ensure a secure contract between the lesser (the user who is renting/lending an asset) and the lessee (the individual who wants to rent the asset), the money made available by the lessee is safely locked in the bizshare blockchain so that the lessee cannot have access to the money being made available for reserving or renting the lessor’s asset. Should there be a dispute, the SmartDispute system is activated to deal with the dispute in a safe and transparent approach.

JUST AND FAIR SMARTRENT AND SMARTPAWN

Bizshare SmartRent/SmartPawn is also characterized by fairness and justice which is a demanding feature of users involved in any agreement or contract. The lender enjoys profit which is expected of any deal/contract or business. The lessee also have a full benefits of the rented asset for a particular period of time. Also, should the lessee or pawner fails to return the lent amount at the end of the agreed period, the lesser has the right to keep the asset. Should the pawned asset be lost or damaged, the SmartDispute system will be activated to compensate a reasonable amount of money for the damages or lost for the lessee. This is one of the measures to ensure justice and fairness in every single smartrent or smartpawn service.

CONCLUSION
There is quite a number of online forums which offer lending and renting service, however, most of these forums seem to be limited in terms of security and user-friendly. BitShake is a blockchain which seeks to tackle these limitations associated with online renting and sharing/lending services. With bitzshake, users ’safeness, fairness and security in terms of contract and renting/lending service is guaranteed. Join Bizshake and let us build a strong and reliable leasing and renting platform.

ROADMAP

TEAM MEMBERS
This project is being supported by a group of wonderful individuals who always put in their best efforts to bring out tremendous packages for users. For more information about the team members, kindly visit the whitepaper.

For more information about Bizshake project, kindly visit or follow the links below.

BizShake website: https://bizshake.io
BizShake white paper link: https://bizshake.io/sites/default/files/BizShake_Whitepaper_1.2_ENG.pdf
BizShake facebook link: https://facebook.com/bizshake_ico
BizShake twitter link: https://twitter.com/bizshake_ico
BizShake telegram link: https://t.me/bizshake

Authorship
Bitcointalk username: tracymik
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2337011