HireGo ICO

Why rent? Why P2P? Why HireGo?

In the previous part of the review of the HireGo project we have begun to speak about that what his idea consists in and have found out that HireGo is a decentralized application on the basis of technology a blockchain of smart contracts and tokens of HGO which allows to rent the car and to lease the vehicle.

The application provides the maximum reliability of cooperation and trust between the parties as the smart contract with conditional deposition of tokens is responsible for observance of all conditions.

In this article we promised to talk about that why more and more drivers pass to the concept of sharing of vehicles instead of buying cars and also about that why the HireGo application will become irreplaceable in this industry.

Rent instead of purchase

If in 2015 participants of the global industry of sharing of cars there were about 7 million that by 2020 as experts predict this figure will grow to 26 million people and in 5 years – to 36 million.

Why capture of cars for rent wasn't such popular earlier and why now drivers began to pass to the concept of sharing of vehicles?

All the matter is that it became simply much more favorable to rent the car than to buy it. Expenses on purchase of a car have grown together with the prices of their service therefore to lease the car much cheaper than to get especially if there is no need for his daily use.

A role was played and progressively growing traffic because of enormous increase in number of cars on roads and also the environmental pollution connected with it. Plus to everything both in big densely populated and in the small cities the obvious problem with the shortage of parking spaces has begun.

Therefore for economy of money and improvement of a situation with the excess number of cars drivers even more often began to come over to the side of their rent. So those who doesn't use the car for example in the middle of a week and drive only at the weekend for example for rest with family can freely hand over the vehicle in use by that to whom the car is necessary for work on weekdays of week.

Rent decentralization

The concept of decentralization has managed to change many industries therefore the industry of lease of vehicles won't become an exception. Thanks to the fact that cars are not in possession of the companies on a hire and are the property of drivers tenants have a clear advantage in economy of funds for use of a car.

Instead of overpaying for lease of the car to the enterprise users can pay directly owners of cars for use of their vehicles. The concept of P2P provides elimination of any intermediaries therefore rent becomes even more favorable than possession of the car.

HireGo role

The decentralized HireGo application will become that example of application of the concept of Peer-to-Peer of technology a blockchain of smart contracts and cryptocurrency. The friendly user interface reliability of cooperation and the lowest cost of lease of vehicles will become his main advantages.

In spite of the fact that the application will become the embodiment enough difficult technologies and schemes of interaction his interface will be the simplest and intuitively clear that even those users who aren't familiar neither with technology a blockchain nor with cryptocurrencies didn't experience any difficulties and used HireGo as any other mobile application.

Reliability of interaction between the parties (owners of cars and their tenants) will be reached due to use of carefully thought over smart contracts of Ethereum. Users can not worry that other party will behave unfair any attempts of fraud can be easily eliminated and money transfer is made only in case of performance of all conditions of the smart contract.

And, eventually economy. The cost of lease of the car directly at its owner but not at the company which is engaged in car-rental unambiguously will be much lower, due to absence of the high commissions the company besides the cost of the rent will consider in the price as well the expenses connected with payment of work of employees of utilities of tenancy.

In a final part of the review we will talk about a practical part of application of the decentralized sharing of vehicles – options of use of the decision which will be provided by creators of HireGo – the application for lease of cars.

Links:  

Website:  hirego.io

White paper:  whitepaper  

Telegram: https://t.me/hirego

Twitter: https://twitter.com/Hire_Go 

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