Pratiwi Kusumaningtyas: Rento Global Sharing App

We will provide Article to present the “Rento Global Sharing App” project to potential platform participants and those who are interested in contributing to its development. The information listed below may not be complete and does not imply any contractual relationship. The main purpose is to provide information to everyone, so that they can determine whether they are willing to analyze the company with the intention of obtaining token or invest.

The hope of joining the This project is very big for us, before you join it will be better if you understand the project besides it will add to your insight and improve information for you especially understanding the project’s vision and mission so that it adds to your trust in.

Rento is a global exchange platform for businesses and individuals that allows you to rent assets. Unlike competitors in the market, Rentoprovides leases any object to any person, instead of just focusing on one market (cars, apartments). In addition, Rento uses blockchain technology to introduce a strong economy through smart contracts to enforce rental terms and parties can rely on each other to distribute and return a product or service. Rentoseeks embeds the economy into the daily lives of people all over the world, reducing waste in the economy and allowing many people to use a variety of services and products without having to assume a cost of ownership. Each type of item they use.

The concept of economic sharing is based on the full use of economic resources. And that is exactly what Rento is aiming for. Rento offers a mobile application (and a web platform) that allows users to list their unused assets to rent or share on their platform. Each Rento list includes key aspects of content or resources, such as rental rates, available schedules, photos or videos about items, specific parameters and actual conditions for the content.

Rento offers a number of product and service segments, focusing primarily on businesses and service providers to complete a large supply base available to ensure the initial platform will have sufficient resources. so consumers find themselves attractive. Rento will be launched with major listing segments, such as household appliances, lawn mowers or snow blowers, for the cost of more commercial incentives, such as offices and conference rooms, construction equipment. construction, parking and even human resources. In addition to developing an exchange platform, Rento plans to create at least one brick and mortar rental shop as proof of the concept of sharing an ecosystem.

The purpose of Rentois to expand the shared economy for affected industries. She is likely to face fierce competition from established players. AirBnB, working in real estate leasing / leasing, and Turo, working in the private car rental business, is one of the main competitors. However, these competitors are restricted both in their scope and within the range of items offered. For example. AirBnB only focuses on renting space for entertainment, while many also need temporary office space. Turo is not valid in many geographic areas. In addition, none of them serve the business. Throughout the enterprise there are many types of devices that can be shared among people but there is no way for people to access other people’s devices and there is no sure way to check the reliability of the systems. system. From agriculture to construction for office equipment, the potential for an exchange economy is huge.

The Sharing Market

$15 bn — Sharing Economy market value (PwC 2014)
68% — Amount of people who show intrest in sharing/renting services or products (Nielsen 2014)
80 m in 2015 — Finalized reservations through Airbnb
34% — Growth of online purchases with smartphones in the last 5 years (3,2%-36,2% on Black Friday)
$335 bn — Sharing Economy market value in 2025 (ac. PwC 2014)
£3500 bn — Estimated value of unused resources in the world (The People Who Share 2014)
2,6 bn — Smarphone users all over the World

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Rento Token is designed to be released on electronic money servers. Although the token Rento was originally based on ERC 20, the company plans to transfer Rento to Blockchain Proof-of-Authority. Although all transactions in the Rento application will be based on smart contracts and will be able to make secured transactions and deposits in all currencies (crypto and fiat), transactions and transactions. It will only be counted in Rento card.

There is currently no market token for Rento and it is possible that the market does not generate or have enough liquid in the future due to various circumstances, including, among other things, the ability to transfer the rights due to the code. limited notice. Accordingly, users will not be able to dispose of their Rento token or to perform or process any rights.