Helbiz: P2P Vehicel rental platfrom based on Blockchain
Introduction to Helbiz
Blockchain has made sharing and lending of assets easier and trustworthy by using cryptocurrencies and smart contracts. People have actually started trusting a decentralized ledger to conduct transactions worth millions of dollars. It has created a shared community and has helped people share market places, transportation services and other assets. Innovation in blockchain is endless and now Helbiz is here to bring the blockchain to the transport industry.
Transportation sector is enormous, encompassing everything from trains and subways to air transport. The industry has grown to become one of the most popular and biggest industries on the planet with around 1.2 Billion cars around the world. Out of these 1.2 billion cars, barely 4% are being used on an average at a time. Helbiz offers a decentralized marketplace for renting the rest 96% cars, motorcycle or bicycles, easily and at cheaper prices. It aims to combine the traditional car renting platforms and decentralization offered by blockchain to improve the user interaction with the car renting system. The platform is based on Ethereum blockchain and will be using an ERC20 token, HelbizCoin (HBZ) to create the blockchain based platform for offering their services.
Features of Helbiz
Being built on blockchain. The platform is decentralized, transparent and absolutely secure to conduct transactions. Blockchain has successfully tackled decentralization problems that computer scientists once faced and is set to become one of the most secure technologies the world has seen.
Helbiz platform ensures in an instant weather the particular mode of transportation is available at a moment or not. It makes the communication between both the lender and the vehicle owner extremely simple and profitable for both the parties, by eliminating any intermediary parties and thus reducing any extra commission costs.
Browsing through the Helbiz application
Helbiz platform will come as both an iOS and Android application where in users can choose an appropriate vehicle to rent that suits their budget and availability. Once the car (or any other vehicle) has been chose, it can be unlocked using the Helbiz application on the user's phone. Both the user and the vehicle owner will have to provide their digital identities to the platform in order to avail its services.
When both the user and the vehicle owner agree to the pre-determined or the bargained conditions, they enter into a smart contract which will then give the vehicle access to the user. The payment for the vehicle is processed from your digital wallet to the vehicle owner after the trip.
Helbiz coin
Helbiz coin, HBZ is the utility token that will be utilized by Helbiz to conduct transactions. All the transactions that users make on the platform will be done in HBZ. The pre-sale for the HBZ tokens has ended and the ICO starts on 15th February.
Helbiz mobility system
It is a platform that works on the Ethereum blockchain wherein Helbiz allows third party blockchain based mobility platforms to offer their services on their platform. One such possibility is the Car and Health insurance.
Conclusion
Helbiz has come up with a unique and useful future ready idea that probably could change the way we deal will transport commodities now. Apart from making a side income for vehicle owners, the platform can be a great opportunity for insurance and other transport companies to offer their services on the platform. All in all, we can say that Helbiz as an idea is unique and as of now may barely have any market competition, given its features and future possibilities. A lot depends on how the team comes up with the platform but as of now, Helbiz can be said a world changing platform.
Important links:
Website: https://www.helbiz.com/
Whitepaper: https://drive.google.com/open?id=1UudcsnOrVwe0DeG4p7k7R3m4l28bAzQ0
Btalk ANN: https://bitcointalk.org/index.php?topic=2851691.0
Authored By: Etheran
Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1108165