OkeyDokey ICO (OKEY): IoT, Housing Rental Markets & the Buying/Selling of Physical/Digital Assets
The OkeyDokey platform is a solid new ICO working on the implementation of a Tokenized IoT economy for utilization with physical assets in our everyday lives. One of their first products is a Personal Door Assistant that acts as a Smart lock for operation according to our personal needs and/or renting/sharing homes with guests.
Smart contracts are embedded into the IoT devices, which allows homeowners and property managers to use their homes with greater flexibility and connect/share them through a rental system. Basically rental guests would book and pay for the rentals directly through a mobile app that verifies ownership of rental rights for use with associated smart locks. The smart lock provides owners with access controls and the ability to remotely manage their property's. Doors can be opened directly through the Smart Lock application and Public Key infrastructure.
The company is also working on implementing a Universal Marketplace for use with these smart locks on rental homes, smart washing machines, and the rental/purchase of digital and physical assets on the blockchain network. Some of these features include automated booking, validation, payment and remote device access by guests.
OkeyDokey provides software modules that integrate smart contract libraries into booking channels. Owners using multiple booking channels will never have to worry about double or overbooking rooms thanks to shared transaction ledgers that automate access based on the smart contracts verification.
The product is being aimed at the Short term rental industry, which is one of the largest in the hospitality world right behind hotels. The OKEY tokens are expected to be used with and to be integrated with short term rental and booking apps like AirBNB, Expedia, and Booking.com in the future. All guests pay fees related to the OkeyDokey network with the native cryptocurrency token OKEY.
*Unfortunately, the crowdsale is not currently open for access in the People's Republic of China or the United States of America.
Check out the OkeyDokey website and Whitepaper to learn more about this exciting new ICO, with an A rating from CoinSchedule