HireGo : Decentralised Shared Mobility Platform

laylavasted (7)in #software • 6 years ago

The age of decentralized technology has arrived and they have been taking on their incumbent centralized counterparts. Sharing economy has led to an unforeseen and pronounced rise in popularity of private rental. Airbnb and Uber are perfect examples of platforms that exemplify this economic shift. Private rental industry, a subset of the sharing economy is its fastest growing sector. Private vehicle rental industry alone is poised to reach a worth of $90 Billion by the year 2020. Vehicle rental industry is dominated by a small number of platforms who charge enormous fees, sometimes as high as 25-35%. Adding to this they save transactional data on their database and often it becomes a target for theft.

HireGo offers a solution to P2P vehicle rental that leverages smart contracts to ensure user security and transparency.

The Problems
with the car sharing in a centralized ways nowadays is that it is expensive especially when it will be used for a longer distances, and they have a intermediaries that get their own piece of profit.

The Solution
HireGo platform, by using blockchain technology. The platform that will be removing all the intermediaries in between will be an amazing life-saver platform called HireGo, by giving a possibility to their users share their car with a smart contracts using their system and IoT. With less costs definitely. Not only they make the car sharing industry less costly , but also it will be more easily and secure. Because we all trust in the blockchain and their technology. That's why I think this project will be changing everything for better!

What Is HireGo?
HireGo positions itself as the first private car rental application in the emerging decentralized sector. They have a vision to set high technological and usability standards for the car hire industry, providing a professional, secure platform to connect like-minded individuals.

HireGo essentially is a decentralized P2P marketplace that allows its users to lease their vehicles in a trustless and secure environment.

Simplicity and security is the first priority for HireGo. Payment is made in advance and help in an escrow contract on the Ethereum blockchain. Disputes are directed to the HireGo resolutions team. However, the technical complexities are hidden from the user. HireGo app will be released on iOS, Android and web and will allow users with little or no knowledge of blockchain technology to seamlessly access the HireGo rental platform.

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

Why HireGo and Car Sharing?
When asked to people of Europe based on their answers, around 15m people are expected to use car sharing by the year of 2020. In the UK there are many car clubs and their members share with each other. So car sharing became an important trend nowadays, and HireGo will make it easier.

HіrеGо Shаrе the Bеnеfіtѕ оf Blockchain Cаr Rentals

Trust: Identity-based Blockchain based user platform is genuine and reliable. All user activity will be stored in blockchain, creating an indisputable user behavior record.
Low cost: HireGo only covers the costs associated with running the app, thus making it a fully decentralized app.
Smart contract: Using contract codes running on the Ethereum network eliminates the need for intermediaries and allows users to perform unreliable leases.
Insurance: The market will provide various 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.

HGO 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