ShareRing - World's First Trusted Token for Sharing Services

About ShareRing

ShareRing is an on-demand platform that centralizes the highly fragmented sharing economy by bringing together sharing services across all industries and geographies. Using our decentralized marketplace, users can securely access, connect, and pay for services anywhere in the world. We’re developing an ecosystem that is essentially the Amazon for the sharing economy.

ShareRing are the developers of the ShareLedger blockchain, a ‘smart service system’ that makes it far easier on a global level for millions of customers to access, and use on demand, a wide range of assets within the fast-growing sharing economy. ShareRing™ has incorporated a number of core elements that together create the smart sharing on-demand service system. These elements are:

• A custom-designed distributed blockchain (ShareLedger), which is already in development. ShareLedger will be harvesting one of the most recent developments in blockchain technology, i.e. a dual token mechanism. ShareToken (SHR) will be used as the utility token of the platform, while the second token, SharePay (SHRP), will be used as the currency for sharing services.
• Aspects of a proven platform and API which are already being used worldwide in the sharing economy.
• A clever, integrated smartphone app.
• Ongoing mechanisms for creating a strong and growing network of providers and users.

Features and Benefits that the ShareLedger blockchain platform will provide over traditional cloud/server hosting sharing platforms:

• Quick and easy ‘sharing’ transaction validation.
• Immutable records of data.
• Additional attributes may be added to an account, such as ID confirmation, rental history, asset ownership, etc.
• SharePay (SHRP) is used by customers to pay for the rental of assets. ShareToken (SHR) is used by providers to pay for their access to the ShareLedger blockchain, including the addition of assets, renting out of assets, adding attributes, adding smart contracts, and other features.
• A provider can earn SharePay by renting out their asset (ie. car), and then use those tokens for example to rent an apartment, thanks to the multi-industry application.
• Earn additional tokens by hosting a node.
• Custom ‘rules’ may be added to assets or wallets to allow for various ‘sharing’ scenarios.

The Problem

Can you name more than five companies that operate within the sharing
economy? There’s AirBnB, Uber, then you might draw a blank.
Do a quick Google search and you might be surprised to find there are
thousands of companies around the world that operate within the sharing
economy. They offer sharing services including everything from apartments,
tools, office space, storage, heavy equipment, caravans, camping
equipment, cars, meals, information and more. However, this has led to a
fragmented access to the overall sharing economy, with compartmentalised
services that, more often than not, vary widely in the manner in which one
may make use of them.
The inherent problem of gaining access is significant, and the following are
only some of the problems in the present state of the sharing economy:
Currently, providers are heavily segmented or operate only within very
small local markets.
Signing up for these ‘sharing economy’ companies is a huge hassle for
you. Each one has a different method to sign up and identify oneself
to gain access to their platform and ‘assets’.
The method through which you make sure you gain the asset, when,
where and in the form you want, is uncertain and at times complicated
If you’re travelling and wish to use one of these platforms, many
providers only allow access to local residents, or charge international
travellers in their local currency, creating frustration due to the additional
bureaucracies and costs involved.
Finally, there’s the ‘trust’ issue. How do you know that the company
or individual provider is ethical and legitimate? What recourse do you
have if anything goes wrong? What about the database, is it secure,
is your privacy protected, will it still be online tomorrow? Trust is of
fundamental importance when it comes to sharing assets belonging to
third parties or services offered by such third parties, so we set out on
a singular mission: placing trust back where it belongs.

The Solution

ShareRing™ not only provides the solution to these issues, but it also
offers additional benefits. The ShareLedger blockchain is a core component
of this because it enables universal access to every asset attached
to the ShareRing™ smart system.
Four years ago, the founders of Keaz Limited conceived the idea of an
individual or organisation using just a single app to access any type of
asset anywhere and at any time to rent, borrow or share. However, at the
time, the task of creating an app with universal access seemed insurmountable
due to the technological limits present back then. Therefore,
the founders of Keaz focused their efforts on becoming the #1 platform for
vehicle sharing globally. This they have done with resounding success.
Now with the introduction and global scale of blockchain technology, the
Keaz team is certain they can solve the issues holding the global sharing
economy back, while also bringing to fruition the initial vision the founders
had four years ago. The answer is ShareRing™.

Why Choose the Sharing Economy?

Oxford defines the Sharing Economy as an economic system in which
assets or services are shared between private individuals (either free
or for a fee), typically by means of the Internet. It is an economy built on
collaboration and on trust.
We’ve chosen to further develop and focus on the Sharing Economy
because it:

• Reduces global footprints, offering greater social sustainability
• Is in its infancy - Airbnb was founded only in 2008 and Uber in 2009!
• Is multi-faceted, and has many product-market segments
• Has a global reach
• Is experiencing rapid growth
• Has multiple characteristics around asset identification, identity and
• security that perfectly suit our blockchain platform
• Has multiple benefits for both asset providers and users.

The sharing economy has changed how we work, travel, collaborate, go on holiday, lend and borrow money. So why are we still relying on cash and credit cards to navigate it?

ShareRing is the world’s first system designed specifically for you to share things with others. There's no fuss and no currency exchange fees, no matter where you are or what you're sharing.

A sharing token that's accepted over oceans and across borders.

Secure
Based on blockchain technology, trust is built in from the ground up.

Simple
Easy enough to be used by everyone, from individuals to big business.

Instant
Pay anyone, anywhere and have the transaction confirmed on the spot.

Inclusive
Support for companies who want to start sharing things for the first time.

Token Sale Terms of Issue

The SHR token will be issued on the Ethereum blockchain using an
ERC20 token standard.

• Pre-Token Sharing Event (TSE) – February 2018
• Pre-TSE ends – March 2018
• TSE period – May 2018

We plan on selling the SHR tokens via a White List sale process, with a
KYC (know your client) verification process for all contributions.
ShareRing will also run a number of competitions and events in conjunction
with our partners, including a Token Hunt and country specific
competitions.
Note: SHRP will not be available for sale via the Token Sharing Event

Token Allocation

Upon completion of the sale period, SHR Tokens will be distributed
as follows:

• Airdrop: 1%
• Advisors: 10%
• Bounty Program: 5%
• ShareRing: 24%
• Token Sale Contributors: 6

Funding Allocation

All of the funds that are held in cryptocurrencies by the ShareRing
treasury will be auditable by the public, as the public address of the
cryptocurrency wallets will be published on the ShareRing website. An
explanation of any major expenditure will also be listed publicly on the
ShareRing website. The funds will be allocated roughly as follows. A full
budget will be presented during the ICO main sale:

• 30% allocated to main-net development, including the integration of
  KeazACCESS as the first ‘client’ to be integrated to the ShareLedger.
• 10% allocated for external reviews and technology validation by
  third party consultants and auditors.
• 30% allocated for setting up ‘incubators’ and bonuses that will start
  working on 3rd party product integrations with the platform.
• 20% allocated for global marketing and promotions.
• 10% for contingency funds

Development Timeline

August 2017
High Level Scope Defined
October
Development R&D On Concensus Model
December
Consensus Model Agreed On
January 2018
Development Commences On Nodes
August
Nodes & Wallets Released For Review
September
ShareLedger Public Availability
October
Pilot Clients Added To ShareRing
November
Go Live For Production

The ShareRing Core Team

TimBos, CEO
Roha LePage, COO
Neville Christie, Investment Director
Peter David, Non-Executive Director
Jane Sadler-Kidd, Non-Executive Director

The ShareRing Advisory Team

Adrian McCullagh
Christopher Emms
Jonathan Galea
Anna Melton

For more information, please visit and follow the link below:

Website: https://sharering.network/
Whitepaper: https://sharering.network/files/sharetoken-whitepaper-en-web-v1.0.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=2977847.20
Facebook: https://www.facebook.com/ShareRing.Network/
Twitter: https://twitter.com/shareringco
Telegram: https://t.me/ShareRing

Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1409779