HireGo - Decentralized Car Sharing Platform

stellamckeeney (5)in #cryptocurrency • 6 years ago

HireGo is a UK-based company that builds a decentralized car and car rental service in partnership with San Francisco based on the Origin Protocol.

HireGo is essentially a decentralized P2P market that allows users to rent their vehicles in secure environments.

Simplicity and security are top priorities for HireGo . Payments are made in advance and assist in the deposit contract on the Ethereum chain . The dispute is forwarded to the HireGo team. However, technical complexity is hidden from the user. The app will be released on HireGo iOS, Android and the web, and will allow users with little or no knowledge of blockchain technology to seamlessly access RentGo’s rental platform.

HireGo Share the benefits of Blockchain car rentals

Trust: Identity-based Blockchain based user platform is genuine and reliable. All user activity will be stored in blockchain, creating an indisputable record of user behavior.
Low cost: HireGo only covers the costs associated with running the app, thus making it a completely decentralized app.
Smart contract: Using contract codes that run on the Ethereum network eliminates the need for intermediaries and allows users to commit untrustworthy rental transactions.
Insurance: The market will provide different insurance options for users to be provided by trusted industry partners. It gives users peace of mind by protecting them from financial costs incurred by collisions or unexpected damage.

HireGo Apps

The HireGo app will allow users with little or no knowledge of blockchain technology to seamlessly access the HireGo rental platform and begin listing vehicles or searching for available cars to hire.
The HGO tokens and smart contracts will be used for all transactions. Users can convert from and to other currencies within the application.
Users will be able to access the HireGo platform from anywhere in the world.
For more information on the app and smart contracts see our whitepaper.
Our beta DApp is available on Rinkeby at demo.hirego.io

HireGo Token
The in-app currency is the HGO token, a cryptocurrency conforming to the ERC20 standard. There will be a total of 100,000,000 tokens created, of which 60% are being allocated for an initial coin offering. Each token will be divisible by 18 decimal places. Any value exchange on the HireGo marketplace will be conducted using the HGO tokens.

Gas costs incurred by transactions made using the HireGo app will be covered, ensuring that users do not need an Ether (ETH) balance to place transactions. There will be protection mechanisms in place to ensure bad-actors cannot abuse this system. When a transaction is selected the gas cost is transferred to the user's address and, once this has been confirmed, the rental transaction is issued by the application.

The token will be available for purchase on existing cryptocurrency exchanges and may be used as a means of exchange and speculation beyond the HireGo application. HireGo will also provide a fiat-HGO gateway to facilitate the easy exchange from GBP, USD and other national currencies.

ICO Detail
Symbol : HGO
Base Value : 1 ETH = 4,000 HGO
Type : ERC20
Token supply : 100,000,000 HGO

Token Distribution
Toekn distribution.png

The Conclusion of HireGo
Acceptance of decentralized products has begun, and blockchain technology has pushed products along different lines. HireGo plans to lead the revolution in this economic division. With plans to launch products in the third quarter of 2019, HireGo is on its way to overcome this path.

Trust
Using a blockchain-based user identity solution provides assurance that the users of the platform are genuine and trustworthy. Reviews and comments made by users will also be stored in blockchain, creating an irrefutable record of user behavior.
Smart Contract

The use of smart contracts, contract codes running on the Ethereum network eliminate the need for intermediaries and allow users to perform untrusted transactions.