The sharing economy is growing rapidly, there are many active sharing platforms ,they helping us save time and money. but the problem with the existence of so many platforms is a disjointed user experience. ShareRing brings all these services together, building a connected economy under one platform.
The project core is the ShareRing App. The aim of the app is to combine as many services as possible under one place, where customers can easily choose the services that meet their needs. Individual platforms have their own app contained within the ShareRing platform. Customers use geolocation-based services to see which ShareRing partners are nearby, which they can then access through one app. Additionally, services can work together to offer their customers special bundles and providing a comprehensive user experience.
The project will develop ShareLedger, their own dedicated blockchain meant to support the sharing network:
" ShareRing™ has incorporated a number of core elements that togethercreate 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. "
The app also introduces a simple payment solution for every service on the platform, a global way to pay. You can use their services such as renting a house in Singapore, renting a car in the US and renting your housekeeper in Korea and pay for all of them in one token.This is especially valuable for travelers, who are going to gain the most benefit from sharing services. They don’t have to worry about cross-border credit card transactions, which can be unreliable and incur large fees. Users just have to purchase tokens, and they can access services all over the world, without having to worry about their card details being at risk from many different platforms.
ShareRing uses a distributed recording system based on blockchain technology. What that means is that it can't be broken or hacked. That ensures that every transaction is safe.
The project has a 6-strong founding team, several originating from sharing service Keaz. CEO Tim Bos is a co-founder, chairman and CTO of Keaz, and has experience with a large number of Australian startups. COO Rohan LePage comes from an extensive business management background, focused largely on automotive, plant equipment and eCommerce. Other co-founders Neville Christie, Peter David (Keaz co-founder and CEO), Jane Sadler-Kidd and Barry Brewster all hold directorial roles with ShareRing.
Development of the project has been ongoing since the beginning of 2018, although a large part of the foundation comes from the existing platform Keaz, which was founded in 2013. The team hopes to have an MVP deployed for testing in August 2018, and ShareLedger launched in October. All going to plan, they will begin onboarding partner services in November 2018.
The project has two tokens – SharePay (SHRP), used to pay for individual services, and ShareToken (SHR), paid by platforms to be part of the ShareRing ecosystem.In their ICO, the team has a fundraising goal of $38M, which equates to 60% of total token supply.
More infomation please visit:
Website: https://sharering.network/
Telegram: https://t.me/ShareRing
Reddit: https://www.reddit.com/r/ShareRing
Twitter: https://twitter.com/ShareRingCo
Author: tranduong123
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2078420