service

Mycro Jobs

Jun 22 2019

Lets Join in MycroJobs Platform To Ease The Job with Blockchain Technology

Mycrojobs is the first platform that tries to build a global peer-to-peer network, by connecting people who need simple job support. The system built works with people who are looking for extra money in real time. This concept will be realized so that it is not just an idea. Technological development to reach everyone globally will help you get a real job.

Developers have recently launched an MVP that works on TestNet. Through the user-friendly Mycrojobs platform, users can offer or apply for any short-term job. That includes work from home, shipping, virtual, and skilled services. Mycrojobs is built using intelligent algorithms and known self-learning from dating platforms. This algorithm will make Mycro match work in real-time with the right contractor.

The accuracy of work with resources will help make it easier for people who need jobs to earn income. In addition, employers will also easily complete their needs. Mycrojobs will ensure that every job will be completed on time by being handled by a competent person. Job handling in accordance with the skills of job seekers will also make work easier to solve.

The application of a decentralized concept makes the ecosystem apply the use of Economic Tokens. Mycro token (MYO) will be fuel in the ecosystem so that liquidity needs to be maintained. The use of tokens will allow transactions that cannot be trusted through decentralized escrow payments. The concept can also reward users for creating a reputation for each other and advertising platforms.

Mycro plans to sell the next token to collect $ 14 million to offer 66,000,000 Mycro tokens. The funds raised will be used to develop the mobile application Mycro protocol. In addition, the Mycro application (iOS / Android) will be built to facilitate access. Mycro will also create a liquid-rich market for service supply and demand through a global market launch strategy. This will generate strong demand for liquidity tokens for the entire ecosystem.

Ann Thread: https://bitcointalk.org/index.php?topic=5008139.0/

Website: http://www.mycrojobs.io/

White Paper: https://www.mycrojobs.io/download/Mycro-Whitepaper-EN.pdf

What Are The Current Market Conditions?

Various kinds of human activities need to be completed in everyday life. That includes working and carrying out daily routine activities. You can’t stretch five minutes to an hour when you don’t have time to mow the lawn, take a walk, or shop for groceries. Today, our time is externally controlled by our work, social life, and many daily tasks.

A survey by the Gallup Organization of 2.5 million Americans found that 80% of respondents did not have enough time to do what they wanted every day. This situation is very severe and can even be described as a failure of collective culture to effectively manage our most valuable resource, namely time. Time poverty exists in all economic strata, and the influence is enormous.

Research shows that those who feel poor time experience lower levels of happiness and higher levels of anxiety, depression and stress. They experience less joy. They lack laughter, lack of exercise and lack of health. Their productivity at work decreases. They are more likely to divorce. There is an urgent need to outsource unwanted daily tasks in order to have more time for the most important things.

 

What Is The Real Problem?

Problems with the implementation of digital platforms lead to fewer users. That can happen when new users find it difficult with a complicated interface. Or lack of interest in users due to costs. There are various obstacles that become obstacles to its development. Further recognition of ecosystems is needed to obtain convenience in transactions. Some of the main problems in this field include.

  • The absence of platforms around the world

Everyone has a list of tasks with dozens of canceled tasks which are preferably outsourced or done by experienced people. But workers are hard to find and there is no global platform that brings together demand and supply for home, shipping, and skilled services under one roof, helping you to turn your work into completion with the help of others.

  • High cost

Some local platforms in the performance economy charge up to 30 percent commission. Budgets for simple tasks do not allow for high service costs, which kill supply and demand dramatically, limiting the number of tasks that can be outsourced. High operational costs for payment, completion, and the provision of expensive customer services hinder the maintenance of an efficiently developed platform.

  • Centralized killing dynamism

Ranking and user data has become one of the most valuable assets, not only for the platform. The dominant player on the market limits users from taking their own ranks to other platforms. They use their position as intermediaries to control data, ratings, and user reviews to keep them in their closed systems. Centralized players dictate proprietary ranking policies instead of freeing rules around rankings. Despite the efforts of the users to produce positive ratings, ownership is not given to users, and ratings cannot be made to other platforms.

 

Mycrojobs Provides The Best Solution For You

Ecosystem developers really understand the importance of solutions to solve various problems that occur. At present the use of technology continues to be maximized to facilitate every human activity. To get the best experience on digital platforms, Mycrojobs is developed above blockchain technology. Here are some of the main advantages of the Mycrojobs platform.

  1. The First Global Decentralization Platform For Simple Jobs

Introducing Mycro. The first global decentralization platform for simple jobs with self-learning algorithms that allow matching jobs in your environment in real time. Mycro changes independent jobs, builds mobile devices, a large collection of workers and customers that they can reach, and the ability to utilize rich real-time information to make more efficient matches.

  1. Low Cost

Mycro connects users directly through peer-to-peer networks and cuts operational costs by utilizing blockchain and its community. By eliminating intermediaries, high fees of up to 30% that are usually charged no longer have to be paid. Users only pay a fee of 0–5% for using Mycro.

  1. Full Trust

Escrow payment: Remuneration will be sent directly to an escrow smart contract before work begins. The money will be held in trust by a smart contract escrow when the work is done (escrow). Job providers and employers do not have access to money. As soon as the job is finished, a smart contract will take care of the contractor’s remuneration. An intermediary or payment service provider is no longer needed for payment of one job.

User verification: In addition, users are through the Know-Your-Customer (KYC) process. User verification status is stored in a decentralized manner on the blockchain (the identification document itself will not be stored on the blockchain, if stored at all). Manipulation or fake accounts are ruled out in this case too, because of the link to the blockchain.

  1. Rating That Is Democratized

Smart contracts monitor every work done. After the work is done successfully, smart contracts give employers and employers the option to assess each other. These ratings / reviews are linked in a decentralized manner to the relevant Ethereum user addresses and encrypted and stored in IPFS data for each user. In this way, further manipulations or false judgments do not apply. Each user has a 100% ownership rating.

Now you can find your job easily by utilizing a blockchain technology platform to get jobs according to specifications. Besides, the ecosystem also ensures job providers to provide payments right after the work is completed. Immediately participate in token sales events for transactions at Mycro Ecosystem.

Social Media:

https://twitter.com/Mycrojobs

https://www.facebook.com/mycro.jobs/

https://t.me/mycrojobs

https://medium.com/mycrojobs

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Migranet_1

Jun 1 2019

Introducing Migranet As The New Method for Immigration with the Digital Platform That Uses Blockchain and AI

Migranet is one of the platforms developed to facilitate the immigration process for migrants throughout the world. This platform was designed with a mission to create a global community that is a place for migrants, travelers, and processing systems formed in a standardized, automated immigration ecosystem.

The Migranet platform will be a system that provides facilities for migrants to carry out the migration process. The system will ensure that every transaction carried out on the ecosystem is very safe and free of fraud, free of corruption, and the costs needed are very affordable for migration or traveling. The platform is also run transparently to increase the convenience of users.

For the system to materialize by its initial interests, Migranet tries to optimize every process needed in migration. It was realized by involving artificial intelligence, biometrics, and blockchain technology. The combination of these technologies will increase speed, accuracy, authenticity, and accountability for a global scale migration system.

Migranet uses utility tokens for each migration service available on the platform. It aims to reduce the involvement of third parties so that migrants do not need to have bank accounts. The application of blockchain technology is also expected that the platform can be run transparently and fairly in full for each service provided by the ecosystem.

Migrants will offer a transparent and automated migration system so that the current inefficiency of migration practices marginalizes no more immigrants. The traditional method that is currently being implemented is getting worse along with globalization, population, size, and the number of immigration that continues to increase.

In the end, Migranet will empower individuals to be able to use the right of every person from birth to explore the world safely and reliably. Everyone is born the same, but not all can explore themselves. The limitations of a comfortable place to live must be abolished to bring justice to every inhabitant of the earth.

Ann Thread: https://bitcointalk.org/index.php?topic=5124821.0

Website: https://migranet.io/

White Paper: https://migranet.io/wp-content/uploads/2019/04/Migranet-Whitepaper-v.1.1.10.pdf

What services do migrants offer?

As the first platform in the world to provide smooth migration with Blockchain and AI technology, Migranet offers several service features that can be done. Migrant ability is undoubtedly supported by professionals who are experts in their respective fields. That will produce a platform with solutions to problems with migration. Following is the service there is a Migranet Platform.

  • Migranet will be present as a place of credentials by utilizing AI. An assessment will be carried out to provide options for immigrants where possible from an appropriate host country. A professional opinion can be obtained without costs.
  • When migrants successfully choose the country and agree to process the application using the Migranet platform, the fees for services are $ 500 for migration and $ 150 for applications. Payments can be made through MIG tokens with an amount equivalent to USD. After that, the form will be entered into the Visa office.
  • Migranet has selected law firm partners throughout the world who should process cases such as appeals, family class application asylum, and other situations that require legal intervention.
  • Biometric-based refugee IDs will be provided by the Migranet platform, which will then be stored on the blockchain so that the IDP’s identity will be safe, confidential, and cannot be fertilized. Identification on a biometric basis can also help host countries with resettlement residents.
  • The safety of refugees can also be ensured by maintaining a real identity. The given biometric ID will not include the official name, date of birth, and country of origin. Instead, it will only be an encrypted hash.
  • Verification by credentials can be realized with AI technology so that it can accelerate the resettlement of migrants in the host country.
  • Migranet is a value-oriented organization, so it will create a Migranet Charity Fund after the platform has become operational. Some of the benefits will be used to help migrants who experience difficulties during the migration process.
  • In the future, Migranet aims to build 75 offices worldwide to help migrants with applications, fiat currencies to MID conversions in online customer service. Currently, Migranet will start by creating an office in every major continent, namely North America, South America, Europe, Asia, Africa, and Australia. Migrants embassies on the six continents will also be built so that they need offices to operate with the embassy’s mandate.

So the goal of Migranet is to build facilities that are useful for migrants in obtaining safe housing. This solution also serves to reduce the crime that migrants often experience such as fraud. Migrants will become a trusted platform for organizing the migration process globally.

Why establish Migranet as a Migration Platform?

Developers realize that migration is a fundamental part of life throughout history in the world. Today, with globalization and increasing world links, immigration seems to be one of the characteristics that occur. For hundreds of years ago scholars and policymakers have studied the reasons behind and the effects of migration.

Some knowledge of migration illustrates the complexity, dynamism, and different relationships between development and migration. Immigration is essential for many households and individuals as well as a challenge for the economy. In 2017 migration was adapted from the UN sustainable development goals and the Global Compact on Migration on the first UN adopted in December 2018 before the Heads of State and Government of all UN member states.

According to data from the United Nations, there are around 258 million people who have migrated from their home countries and currently live in other countries. This amount is approximately 3.4% of the population globally. The number of tests has increased by 2.8% since 200 and is expected to continue to increase dramatically for the next few years.

There are several problems behind the benefits of globalization, such as immigration processing fees and different travel policies between countries. Policy makers also understand the importance of migration and realize that migration can produce development. But still, movement is not an easy thing to do.

The increased population continues to occur along with the prosperity of economists and welfare when people from other countries settle in a country. This gives two implications. Namely, migration is the key to reducing poverty, and on the other hand, immigration tends to have a stagnant economy. That is what causes movement to be still a topic that is misunderstood and provides several problems in various fields.

Initiatives for the integration of national migration policies have not even produced results. This is related to policies that make economic migrants such as tourists, international workers, and students and non-economic immigrants such as refugees to be harmed. They are exploited by a system of migration that is corrupt, fraudulent, and expensive.

Countries that are said to have good immigration policies also have some shortcomings in their systems. Some developed countries even have closed-door policies for immigrants with low skills. Some migrants who have successfully entered other countries are also often exploited and experience rights violations.

Global demand that continues to experience changes in labor is also supported by academic, corporate, or professional development, terror, and war. The world government must be able to divert their resources and attention to assist refugees who bear the most significant burden.

This requires better methods to provide disadvantaged populations with health care, quality education, and decent living. The world must work together to achieve the goals for the welfare of all people in the world by carrying out four pillars, which include migration, investment, trade, and information flow.

There are The Benefits of the Migrants Platform for The Future Immigration

Migration has a two-sided effect on the global and national economy. Migranet is developed with the same belief as to the SDGs that state that the benefits of movement far outweigh the disadvantages. Besides, every person who migrates usually has the opportunity to seek excellence or get a better life. Here are some benefits of migration.

  • Migration can increase the host’s economy as a start. This can be done by supporting the calm of the host work to encourage investment and growth.
  • Migration can also help overcome challenges caused by an increase in an aging population in developed countries.
  • Migration can also have the potential for inter-country money transfer transactions. When someone works abroad, they will send money to their home country so they can contribute to the economy.
  • When human populations experience growth, it is also comparable to market growth. Migration is a global market that can provide benefits for the country.

The Migranet platform understands that migration has a good impact on the country. This makes Migrants provide facilities to facilitate the process of migration between countries globally. The application of blockchain technology and AI can support the accuracy of decision making for immigrants to choose a country to visit or make a place to live. Of course, this service requires a fee, but the amount spent is far more affordable than the traditional migration process.

 

What are the Costs to be Paid for Getting Services on the Platform Migranet?

You need to know that every transaction on the Migranet platform requires you to use MIG Tokens. Each service will have a related transaction fee. The fees provided by immigrants will be direct income for Migrants. The service costs pegged are far lower than the prices required to pay for financial institutions at this time.

Low costing makes migrants reduce costs and increase profits. Migrants will be able to benefit from the distribution characteristics using a safe, fair, and efficient blockchain. The use of architecture from smart contracts will also make transactions can be done more quickly.

The cost of using the Migranet platform for 0.5% of our transactions includes automating the traditional migration process and the consequences of monetary transactions throughout the world. The following are the costs needed for processing immigration through Migranet:

$500 for permanent residency

$150 for visit, work, and student permits

$250 per person for assessment of refugee credentials, Blockchain IDs and Bio-metrics (where the government, UN, or NGOs are clients)

You can receive services through the Migranet agent, which is available 24 hours a day, seven days a week. The best services will be provided by the Migranet Platform to provide convenience in the migration process. The purpose of eliminating the complicated and full-fledged migration process can be reduced by utilizing a transparent blockchain technology platform.

How to connect with the Migranet platform?

You can do this only in a secure way. First, when you are interested, you can join the Initial Token Offering (ITO) which will end on August 15, 2019. You can get detailed information through web pages or social media from Migranet. That will make you connect to the platform as the Token holder. As you know, tokens become cryptocurrency for each service contained in the ecosystem.

You can register when you want to migrate through the official Migranet webpage. That might require some of your data. But you can calmly give it because every data you provide will be safely stored on the blockchain technology platform. The information you provide will also be encrypted in the form of a hash, and that is also confidential.

After you enter your data and other details, then let the AI work. It will give recommendations on which country you are suitable. Certain conditions can also let you enter the country you want, and then an assessment will be made. When you are ready to use the platform, you need to make payments for services.

After you choose what services you need and make payments, you will get the application. Leave the rest on the platform to manage your migration documents. That can be resolved immediately. You do not need to use traditional methods that may take a lot of time and costs. An easy way is now available with the use of blockchain and AI technology.

The Result

The Migranet Platform comes to complete problems related to migration globally by realizing the positive impact of immigration for the country. Utilization of blockchain and AI technology is intended to provide the best service to improve transaction security and accuracy for recommendations on destination countries for immigrants. The platform provides very affordable service costs and is much cheaper than the expenses required for traditional services.

Social Media:

https://twitter.com/migranet1

https://www.facebook.com/migranet888/

https://t.me//migranet

Posted by: kurniawan05

https://bitcointalk.org/index.php?action=profile;u=1187741
ETH address: 0x3946bc29197BF793CB796243109b39b019c3fC00

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colletrix

May 29 2019

The Revolution of IP Industry Via Tokenization in Colletrix Platform with Blockchain Technology

Blockchain technology development to increase transaction convenience still leaves a variety of performance evaluations. The current transaction has led to digitalization, so everyone must prepare themselves for technology transfer. The opening of opportunities for the use of technology began since the internet can be accessed by everyone to get information from various parts of the world.

Everyone everywhere can be connected so that they have eliminated distance with faster communication. At present, the use of the internet is no longer limited to providing information but providing value. This is evidenced by the many platforms developed to meet human needs every day. One of the fastest growing platforms is the e-commerce platform.

The existence of e-commerce makes the need for a payment system that is integrated with the platform. That is what makes third parties the solution to making payments, but it requires time and money, so it is less effective. The level of security in transactions also needs to be questioned. The development of blockchain technology is also one of them to overcome the problem of payment.

The blockchain technology platform is presented to provide a payment system that can eliminate third parties. This makes transactions can be done more quickly. For data security, there is no doubt, and blockchain technology uses a decentralized system so that it can make every data secure with strict access rights to transaction data.

User trust can be built with a high transparency concept so that transactions can be known in real time. Most of the platforms that are currently built have switched to using blockchain technology because the features they have can help users to transact more safely and comfortably. Each user can also utilize blockchain technology to get profit from every transaction made.

Ann Thread: https://bitcointalk.org/index.php?topic=5138397.0

Website: https://www.colletrix.com/

White Paper: https://www.colletrix.com/wp/en/ColletrixWhitepaper_20190517.pdf

The Cryptocurrency in Colletrix Platform with Blockchain Technology

When you are used to using blockchain technology in transactions, you are already familiar with the term cryptocurrency. The use of cryptocurrency has been introduced since the emergence of bitcoin. That is also one of the right methods to speed up the transaction process. The concept of cryptocurrency is a digital form of fiat currency commonly used in real life.

The concept offered by Bitcoin has received a good response in the digital market. It also continued with the emergence of Ethereum as a significant cryptocurrency that developed. Payments on most blockchain technology platforms have also used the cryptocurrency concept to make it easier for every user. Colletrix platform also provides a cryptocurrency-based payment system for transactions.

Purchasing cryptocurrencies for the Colletrix platform can be done before making a transaction. It will make it easier for you to run transactions with smart wallet and contract usage. CIPX is the name for the cryptocurrency that runs on Colletrix. CIPX purchases can be made with well-known digital currencies such as Bitcoin and Ethereum. CIPX will be used as payment for all transactions in the Colletrix ecosystem.

Not only when you make a purchase, but every service you get on the platform will also use CIPX. The liquidity level of CIPX also needs to be increased so that the value becomes stable. It must be proportional to the flow of transactions that occur in the ecosystem. The amount of CIPX issued is also limited to ensuring that tokens are liquid at all times.

 

Who Participates in Colletrix Platform?

Ann Thread: https://bitcointalk.org/index.php?topic=5138397.0

Website: https://www.colletrix.com/

Everyone can participate in the Colletrix platform with several roles. Every role that is owned will make each user have a different contribution too. Roles that affect transaction liquidity include IP Owners, Merchandisers, Collectors, and Holders of CIPX. Colletrix is a unique platform to give the original IP owner access to opportunities to provide a lifetime license.

Each role will be connected when a transaction occurs in the ecosystem. The IP owner will be included in the unique NFT that is owned so that it leads to the secondary market. Merchandisers will determine what items can be traded in the ecosystem. Users who have a role as a collector can obtain merchandise with unique characteristics.

Every merchandise available in the ecosystem is a unique luxury item that can be customized. It can be adjusted to the owner of the IP. The authenticity of the product will also be maintained with the use of the blockchain technology concept so that product history can be known. Purchasing merchandise can be done using CIPX. An important role is also needed by CIPX owners to be able to provide tokens to users who need them.

Can a user have multiple roles? Yes, that might happen. Someone might be able to become a CIPX collector and supervisor. That depends on how users transact in the ecosystem. In essence, every person has an essential role in the sustainability of the ecosystem so that the more users who transact, the better the level of liquidity of the ecosystem will be.

 

What did the IP Owner do on the Colletrix Platform?

The IP Owner will obtain a lifetime license service that can be done through the adoption of NFT. The design and unique works of each IP Owner will be included in the NFT list that is owned. The NFT Marketplace will be a secondary market that might be created by this concept. Giving a lifetime license is also the best service so that the IP Owner will continue to be known for his work and allow him to get results from practices that are made forever.

Giving gifts to IP owners will be worth a fixed percentage of the NFT price made by the IP owner. The specified trading price will be generated from all NFT trades on the NFT Marketplace. Each NFT will be related to the Specific IP associated with merchandise. Demand from users will increase when IP is added, and the popularity of merchandise increases.

When collectors are interested in merchandise that has IP made by IP owners, the trade will become more active and intense in the NFT market. This will also increase the volume of CIPX trading at the same time. The increase in NFT sales volume will be comparable with NFT sales. That would be very good for increasing transaction liquidity in the ecosystem.

What Are The Merchandisers Do?

The new trading model will bring more benefits to traders by increasing the volume of profits. The incorporation of NFT also provides an original introduction to the uniqueness of products to be able to collaborate cross with different IP designs. The new concept encourages merchandisers to be more productive in producing works that can be traded on the ecosystem.

Merchandisers will have the opportunity to make only sole merchandise through the provision of IP licenses with NFT holders. That’s where unique merchandise will be located, and not everyone can have the same serial. Each NFT will be used on a limited basis to produce merchandise.

Certain limitations of the use of the NFT aim to protect IP owners. This concept will be attractive to collectors throughout the world. Everyone with a hobby of unique items with limited inventory will certainly like this business concept. Everyone can have the opportunity to own it by utilizing the development of the application of blockchain technology.

The concept will also help open new sales channels in the online market in the industry built on blockchain technology. NFT can prove product authentication through blockchain technology. The evidence can be done with historical records and the authenticity of goods through the blockchain. This is easy to do when containing NFT information so that it can provide more benefits for the merchandise.

 

Platform Attractiveness for Collector

The addition of popular IP designs is undoubtedly the main attraction of the integration of the world’s first crypto-physical products. The NFT presented with unique merchandise will be the main attraction for collectors. It is not limited to NFT collectors, but it can also be used for collectors of merchandise. This can happen because the NFT and merchandise have a limited amount.

For demand to be competitive, the offer will be limited. It can also increase high prices on the market. Popular IP designs that are represented by NFT can become new collector items for fans. This concept is presented with blockchain technology to provide full support for digital projects.

Active trading and NFT purchases drive high liquidity from CIPX and popularity. Blockchain-based technology will help provide audit trails so that it supports historical ownership. It will also include information about trafficking and ensure collections are real and inadequate for collectors.

The Benefits of the Colletrix Platform for CIPX Holders

Every part of the ecosystem will benefit from each transaction executed. IP owners will be more famous in their participation in the ecosystem. IP owners will combine their designs through publishing NFT and merchandise through the Colletrix platform. Collection of CIPX collectors and fans will continue to be added to increase demand.

CIPX will be used as the main currency as the tokenization of IP that is applied in the ecosystem. Besides, CIPX will also be used for collection and trading on the platform. CIPX Token holders can certainly participate freely in the IP economy because each transaction will require CPIX in exchange.

Increasing the number of owners of IP in the ecosystem will have an impact on the more merchandise and NFT generated on the platform. The increasing number of merchandise will help attract more consumers and collectors. This will have a great impact to increase the demand and expansion of the ecosystem. Each participant will place CIPX as an essential aspect of daily life.

The Mission of the Colletrix Platform Development on Blockchain Technology

The creation of new market values with the integration of IP tokenization will be an innovation from the use of blockchain technology. By introducing the NFT, the merger of the old economy and the new economy will be implemented. The period of making the license will also be extended for the IP owned.

Every trader participating in the ecosystem will be offered physical commodities that are run through the blockchain application. It can maximize attractiveness and provide more benefits from their products. The NFT involved can predict the interest of collectors by providing access to the crypto market. This will lead to new business opportunities similar to the creation of a franchise.

The Colletrix platform will be one of the first to inspire the mass transformation of economic integration in the world. It is time for the digital revolution to have a positive impact by increasing profits for everyone who participates in the ecosystem. The use of digital media must now be able to provide value so that it is not limited to information.

A world with a new economy will be realized by maximizing benefits for everyone. It will begin with IP and the creative industry. The industrial revolution will occur when IP owners can retain the rewards of proper licenses obtained by applying blockchain technology. Colletrix platform will develop the best concept for the realization of blockchain technology for the new economic era.

 

What is the Role of NFT as a Solution Offered by Colletrix Platform

Every purchase of physical goods will make the customer receive a unique private key embedded in the communication chip. This key can give the owner the possibility to redeem merchandise using the unique ERC-721 Token. The ERC-721 Token is a technology used in the platform to visualize unique and new digital assets.

The NFT that has been visualized will be a new and mapped asset class. That would be related to traditional merchandise. After it is successfully redeemed and traded independently, it can be returned as a digital asset. This innovative technology will restore luxury to conventional luxury goods and develop market value as a digital asset.

When the amount of NFT issued is strictly limited, it will be associated with merchandise. That will make merchandise very popular and has high trade value. The innovative technology view will bring the NFT to develop its market as a digital asset based on physical products. You can join to get a new experience with the adoption of blockchain technology in the new economic era.

Ann Thread: https://bitcointalk.org/index.php?topic=5138397.0

Website: https://www.colletrix.com/

White Paper: https://www.colletrix.com/wp/en/ColletrixWhitepaper_20190517.pdf

https://twitter.com/colletrix

https://www.facebook.com/colletrix.io/

https://t.me/colletrix

Posted by: kurniawan05

https://bitcointalk.org/index.php?action=profile;u=1187741

By • • Tags: , , , , , , , , ,

Rento_1

Feb 25 2019

Blockchain Helping Rento as Sharing Economy Platform

Nowadays technology is growing rapidly from year to year. Almost in every aspect of life, there are technologies that can help human life. One of the goals of technology is to make it easy for humans to do their jobs. Every day, more and more creativity arises that gives new innovations in existing technologies.

The development of technology today is inseparable from the demands of living. Humans are required to carry out various kinds of activities by not using too much time, space and money. This is what makes humans turn to use modern tools. However, it still requires humans to operate it.

Smartphone is one of the technology that is very close to humans and help in everyday life. Nowadays smartphone has a very important role in human life. Although its function as a communication tool, smartphone also simplify the business and work affairs of its users. As the name implies, you can do business with only one finger. Things like making a letter, sending an email and even transferring money, all can be done on one cellphone. You don’t have to bother opening a laptop to send an email or going to a bank to send money because it has been helped by the presence of a smartphone.

One of the technologies that have created and brought major changes is blockchain technology. Blockchain was introduced in 2009 which also coincided with the introduction of bitcoin by Satoshi Nakamoto. The blockchain is a decentralized system where each transaction does not require an intermediary. To be simpler, at this time every time you make a transaction, you need a bank as an intermediary in sending or receiving money. Meanwhile for the blockchain, there is no intermediary on the transactions made so that it speeds up the process and can be accessed by anyone because the blockchain does not belong to a company or individual. Everyone can access if there is an internet.

The blockchain technology is actually created because of a centralized software work system. When it is compared to centralized systems, the blockchain has many advantages. The strength of the blockchain is that it faces strong attacks and hacked servers. The transaction activity will not stop because there is another server handling the transaction unlike the centralized system that will be cut off once the system is being hacked.

These advantages make blockchain technology adopted by several digital platforms. There is a statement that if the global sharing economy of the industry is combined with blockchain technology, it will change the state of the human economy. One of the example is Rento. Rento is a global sharing economy application that offers loans for underutilized products or assets. The Blockchain offers transparency that can be accessed by anyone and that also applies to Rento in running its platform.

Ann Thread: https://bitcointalk.org/index.php?topic=5076209.0

Website: https://rento-app.io/

White paper: https://rento-app.io/assets/whitepaper.pdf

Blockchain changes the global sharing of the industrial economy

 

Using blockchain technology is the right choice for Rento because the blockchain has the advantages of transparency, smart contracts, and irreversible records. This certainly provides an opportunity for Rento to be able to change the industry of sharing economy to become more advanced and trusted. If you are curious about what can be done by blockchain technology to change the industry of sharing economy, here are the list:

  1. Blockchain introduces transparency

One of the advantages of the blockchain is the transparency that occurs in every transaction. You can see and access information and transactions that occur. Data that is accessed and available is not possible to be manipulated because every changes in the data must be in accordance with the actual transaction. That is what will be applied to the Rento platform.

The sharing economy can run well if you get trust not only from the borrower but also from the product or asset lender. The blockchain technology will provide all relevant information about the assets or products to be lent. The information can also be accessed by each party easily just by connecting to the internet. With the transparency of the sharing economy, it can also minimize interactions between potential borrowers and lenders to maintain transparency in the ecosystem.

  1. Low transaction costs

If you make a transaction through a bank, there is an additional fee if you transfer to different bank. Usually each bank has its own set of costs for each transaction. Likewise, if you do an overseas transaction, you will be charged a huge fee which will automatically be deducted from your balance. This is because banks also consider the conversion costs of foreign exchange, transfer fees, and the cost of sending money.

On the blockchain, the transaction fees charged are far lower than centralized systems like bank. You do not need to pay more when doing every transaction on the blockchain even the cost is cheaper than through the traditional bank. Besides being cheap, the transaction process is only a fraction of a second. Unlike traditional bank transactions that take a long time to be processed. The ease, speed, and transparency of this transaction can occur also because of the digital cash.

  1. Fraud is less likely to happen

A transparent blockchain system makes all people who access can see all the relevant informations. So the possibility of crime and fraud is getting lower. The openness of the blockchain structure also complicates the movement of fraudsters to commit crimes. In addition, with the validation methodology, it will ensure the authenticity of each feedback provided. Therefore, there is little possibility of fraud on a transparent blockchain structure and every information is validated.

  1. Risk protection facilities with smart contracts

The smart contract exists with the aim of creating a binding agreement or agreement consisting of several parties. The smart contract was first conceived by a cryptographer named Nick Szabo. If you usually store the information in the form of documents, then in the blockchain smart contract takes the form of a code. Contracts that occur later are of a permanent nature that cannot be changed again.

Smart contracts are actually made to overcome trust problems that usually arise if people make a transaction or borrow goods or products. With the existence of a smart contract, payments and transactions will be guaranteed and deposits will also be saved when the goods are being lent. It certainly provides protection against financial risks that may occur when goods are lent. The smart contract also offers efficient risk priority mechanisms.

Rento was created to provide convenience and speed in borrowing goods. But besides that, Rento also wants to grow the sharing of the economic ecosystem more broadly than the existing industry. Like hotels and transportation that have already run the industry. Therefore, Rento wants to cover other fields that have potential in this sharing economy industry. One of them is daily products or services. The platform is created to facilitate all lending and borrowing activities using blockchain technology. The technology also will ensure international transactions run safely and smart contracts that facilitate goods collateral.

Ann Thread: https://bitcointalk.org/index.php?topic=5076209.0

Website: https://rento-app.io/

White paper: https://rento-app.io/assets/whitepaper.pdf

The Key Components of Rento Ecosystems

 

As previously explained, Rento wants to expand its ecosystem to exceed the existing industry. To be able to run it all, of course, it requires the consistency and development of the main components of Rento so that the desired ideals are achieved. Therefore there are three key components of the Rento ecosystem. The three are:

  1. Rento Application

The application is one of the key of Rento Ecosystem. The aims of Rento is to share the industrial economy in a larger scope. So it will not only focus on transportation, real estate, and hospitality industries but also other industry which also is useful for people. Such as daily use items, office rooms, meeting rooms, equipment tools, hardware devices, construction tools, cameras, and other items, goods, or service that will likely be useful and needed. There are features available on the platform in order to make the rentals getting easier. Those are the feature for the users or the borrower:

a) The listing page

Listing page is one of the important feature available in the platform. In this section, there is a list of all the available products and services ready for being rented by the borrower. It also supports many classifications such as searching filter and geo-filters that will help you in searching relevant items needed.

b) Search Engine

This feature will help the customers to search what the product or service that they need. In addition, It also has the filter and sorting capabilities to make the customer easier searching product.

c) The Renting calendar

The calendar feature in the Rento application is used to see whether the product and service they need is available or not. Every product and service its availability can be seen in this feature. In addition, later Rento will launch its new feature called “Book-in-advanced” once the platform is launched. Users can also approach a product based on their listed opening.

d) Feedback

Rento provides feedback features where borrowers can give their ratings and feedback after renting the product or service that they need based on the experience that they get while using it. In this case, blockchain technology is very helpful in preventing and minimizing the feedback manipulative provided on the platform.

After knowing the feature of the users, there are also features available for the listing owner. The feature available helps the listing owner to monitor its active product or service which is being rent. Therefore, it is different from the users. These are the features for listing owners:

a) Active Listing

This feature will help the listing owner or the lenders to find its active listings in one location. The listing owners can also see the renting schedule for its product or services on the active listing page.

b) Listing and Advertising package details

For listing owners, they can access the details package on the dashboard. In addition, Rento will provide points to service providers or businesses if they have finished registering. Later, Rento will also introduce ad positions and premium listings after 2020.

c) Customer Insight

Customer insight feature is available for listing owners so they understand how the customers behaviour. In addition, this feature can also provide rental preferences and some parameters so that the business can develop better.

  1. Rento Blockchain

The advantages of blockchain technology seem to be suitable for the application of the global sharing economy. Rento is one of those who has used the technology on its platform. Rento creates an ownership blockchain that has different features for sharing the global economy. In addition, Rento made the chain specifically for the global sharing economy. Making sure that it is the best database needed for Rento ecosystem.

a) Custom Smart Contract Facility

At present, Rento requires a special smart contract that has the flexibility to be able to expand the functionality to face challenges in the future. It is because on the blockchain platform there are currently no special smart contracts that Rento needs.

b) Handle dispute resolution

When disputes between borrowers and lenders occur, Rento must have full control of the blockchain system. So it needs its own blockchain so that problems can be resolved in accordance with local regulations. This cannot happen if Rento uses a blockchain from a third party.

  1. Store Model Store

As the name implies, Rento Model Store is a rental shop that will provide various rental products such as household appliances, lawn tractors, and scooters. All rental transactions remain through the Rento platform. The presence of Rento Model Store can also strengthen credibility and promote the vision of sharing economy directly. Another advantage gained from using this service is that feedback will be immediately heard by Rento from the customer after they use the product or asset they rent.

The Rento Model Store service also opens up the possibility of becoming a franchise brand where if there are people who are interested in operating the Rento Model Store under the Rento franchise, they must achieve a number of conditions in accordance with the franchise agreement.

Ann Thread: https://bitcointalk.org/index.php?topic=5076209.0

Website: https://rento-app.io/

White paper: https://rento-app.io/assets/whitepaper.pdf

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Posted by: kurniawan05

https://bitcointalk.org/index.php?action=profile;u=1187741

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