HireGo ICO

in ico •  6 years ago  (edited)


The platform for P2P of lease of cars

The concept of sharing of cars despite such short term of the existence surely increases the audience therefore more and more people prefer to rent the car instead of spending money for his purchase and service.

For all the time of existence of lease of cars per se we have seen many the centralized applications for delivery of the car and rent of the stranger and especially more than once saw the companies which are engaged in car rental. And this time we will tell you about that as the technology a blockchain can bring something new in this industry proposing the solution which is absolutely decentralized by P2P.

It will be a question of the HireGo project which at the moment is at a stage of carrying out a preseyl of tokens of HGO. In this article we will consider the idea of the project in general in following – we will talk about volume as far as such decentralized application is relevant for the industry of lease of cars and about that why to rent a car more favorable than to buy. We will devote the last part of the review to the main methods of application of the platform in practice.

Idea of the project

The HireGo project is started for the purpose of creation of the decentralized application (DApp) which will be using technology a blockchain smart contracts and tokens of HGO to function as platform P2P for rent and delivery of cars for rent.

The concept of P2P (Peer-to-peer) means full decentralization and interaction of users directly. Thus HireGo doesn't act as the centralized company engaged in car rental and is only the application which unites users who are going to rent the car and users who want to make the car for rent.

HireGo will be started as a mobile application for smartphones on the basis of iOS and Android. His interface will be thought most over is functional and at the same time is simple in use that even those users who aren't familiar with cryptocurrencies and a blockchain could use HireGo in the everyday life.

Besides the HireGo interface will have an appearance of the catalog of cars through which users can choose a suitable car to reserve it for a certain period of time to sign the smart contract and to pay rent in the form of HGO tokens.

The platform is designed as for private users who will be able to use HireGo for lease of the car of daily requirements and for the enterprises for which rent of a car – a part of business. At the same time it can be both lessors and tenants.

Lease contract

To take or hand over the car for rent through the HireGo application it isn't necessary to sign any papers and contracts. Instead Ethereum blockchain smart contracts and tokens of HGO is used. Let's understand a role of each of them.

All operations and information in the application register in Ethereum blockchain. Besides he is used for implementation of transactions. After users cooperate within lease of cars they can leave about each other a comment which they are fixed in a blockchain and can't be somehow changed.

Function of the lease contract is performed by smart contracts with conditional deposition of tokens of HGO. Deposition of tokens is carried out during booking of the car in advance therefore both parties can be are sure of reliability of cooperation of means will are released only in that case if terms of transaction are satisfied by one of them.

Thus after tokens of HGO are deposited in the smart contract of access to them neither the owner of the car nor its tenant has no. And only after the car will be safe and sound returned to his owner and in in advance specified time the smart contract will release tokens and will transfer them to the account of the owner. On a case of disputes the service of arbitration is provided in HireGo.

After carrying out ICO tokens of HGO can be got in exchange for other cryptocurrencies at those exchanges on which they will be registered. But for bigger convenience creators of the platform have provided a possibility of purchase of tokens directly through the application and not for cryptocurrency and for local fiatny currency – for example dollars.

In the following part of the review we will talk about lease of cars in general we will find out why drivers begin to pass to the concept of sharing of vehicles instead of acquisition of the car and also about that why decentralization and the HireGo service will become so relevant for car-rental.

Links:  

Website:   hirego.io 

White paper:  whitepaper  

Telegram: https://t.me/hirego

Twitter: https://twitter.com/Hire_Go

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