HireGo: Platform for P2P rental cars

bakso.super (44)in #ico • 6 years ago

The concept of car sharing, despite such a short period of its existence, confidently increases its audience, so more and more people prefer to rent a car, instead of spending money on its purchase and maintenance.

For all the time of the existence of renting cars as such, we saw a lot of centralized applications for the delivery of your car and rent someone else's, and even more so, have seen companies engaged in car hire. And this time we will tell you about how the technology of blocking can bring something new into this industry, offering an absolutely decentralized P2P solution.

It's about the HireGo project , which is currently at the stage of preselling the HGO tokens. In this article, we will consider the idea of the project as a whole, in the next one - let's talk about how such a decentralized application is relevant for the car rental industry and why it is more profitable to rent a car than to buy. The last part of the review will be devoted to the main ways of using the platform in practice.

The idea of the project

The HireGo project is launched with the goal of creating a decentralized application (DApp), which will, using the blocking technology, smart contracts and HGO tokens, function as a P2P platform for renting and renting cars.

The concept of P2P (Peer-to-peer) means full decentralization and user interaction directly. Thus, HireGo is not a centralized car rental company, but is just an application that unites users who are going to rent a car and users who want to make their cars for rent.

HireGo will be launched as a mobile application for smartphones based on iOS and Android. Its interface will be maximally thought-out, functional and, at the same time, easy to use, so that even those users who are not familiar with crypto-currencies and blockbuster could use HireGo in their daily lives.

In addition, the HireGo interface will have the form of a car catalog through which users can select a suitable car, book it for a certain period of time, conclude a smart contract and pay the rent in the form of HGO tokens.

The platform is designed for both private users who will be able to use HireGo for car rental daily needs, and for businesses for which car rental is a part of the business. In this case, it can be both landlords and tenants.

Lease contract

In order to rent or rent a car through the HireGo application, you do not need to sign any papers or contracts. Instead, it uses Ethereum blocking, smart contracts and HGO tokens. Let's look at the role of each of them.

All operations and information in the application are recorded in the Ethereum unit. In addition, it is used for transactions. After the users cooperate in a car rental, they can leave a feedback about each other, which is fixed in the locker and can not be changed in any way.

The function of the lease contract is performed by smart contracts with the conditional deposition of HGO tokens. Deposit of the tokens is done in advance, at the time of booking the vehicle, so both parties can be assured of the reliability of cooperation, because the funds will be released only if the terms of the transaction are met by one of them.

Thus, after the HGO tokens are deposited in a smart contract, neither the car owner nor its tenant has access to them. And only after the car is safely and safely returned to its owner, and at a predetermined time, the smart contract will release the tokens and transfer them to the owner's account. In case of disputes, Arbitrage service is provided in HireGo.

After the ICO, HGO tokens can be purchased in exchange for other crypto-currencies on the exchanges on which they will be listed. But for greater convenience, the platform creators envisaged the possibility of buying tokens directly through the application, not for crypto currency, but for local currency - for example, dollars.