BIZSHAKE | A Complete P2P Sharing Ecosystem | Smart Contracts Based on NEO Blockchain | Vol. 1

pkalra (61)in #blockchain • 6 years ago

In the world of overproduction, living on the B2C model has become outdated. With the advancement and internet technology, a new model i.e. P2P sharing was invented. In this model, instead of renting assets from a company people started sharing earning from their own assets by exchanging asset usage rights with each other. But in this model, big companies charge a huge amount of commissions on revenue due to the centralization of all the transactions in exchange for secure payments. Bizshake has brought just the solution required by introducing P2P 2.0. With the help of this technology, the revenue cuts could possibly reduce to half or even less.

The collaboration with Blockchain technology has made additional benefits for the platform’s users like eliminating middleman with transparency and trust. BizShake chose NEOBlockchain for the working mechanism due to its scalability, Quantum Proof algorithm and delegated Byzantine Fault Tolerance. The platform takes care of its customers by maintaining user credibility and having a deep study of user identification. All the deals made across platform are considered on the basis of credibility and each deal affects the same. The company asks for certain documents which relate to user credibility in the future. These assessments play a major role when a newbie signs up on the platform. BizShake takes care of both types of users whether it is renting or pawning.

The platform has developed dApps for its smooth functioning namely SmartRent and SmartPawn. For the users who desire to rent the asset, BizShake will help them do so by listing the asset on the app with all specifications including pictures, videos with a range of rental time. Users can use the SmartCertify feature which allows them to add insurance to the asset. The SmartCertify also covers the amount exceeding the deposit up to the certified object value. A time period is allotted for every task in the process. The lessor and lessee enjoy various advantages in the BizShake mechanism. Lessor has a freedom to decide the duration and timing while renting out an asset whereas lessee feels free to decide the time for usage of an asset without paying its actual cost. Both lessor and lessee are provided with another function i.e. SmartDispute which resolves the issue during the transaction or renting period which may include damage or loss from both sides.

BizShake provides a huge variety of advantages to enrich its user’s experience including its easy to use user interface, multi-platforms with its dApps loaded up and scalability which comes with NEO blockchain platform. Team BizShake has worked on its project since October 2017 and made huge achievements so far this year with the alpha launches of its dApps and security systems. The platform has played out its goals for the coming year with more alpha and beta releases while it goes live with its dApps. The company also plans on hiring a customer service team in 2019 for a more comfortable user experience. With a total of 200,000,000 BZS tokens, The platform will be live with its private sale in the first half of October this year joined by a crowded sale in its second half. BizShake company has decided to accept NEO, GAS, ONT tokens in exchange for BZS. CEO Giuseppe Lo Presti himself has 2 decades of experience in multinational companies in Europe with an MBA and BSc in computer sciences. Team BizShake has not compromised when it comes to quality and experience when it comes to choosing of its team. With the next version of P2P, BizShake has capabilities to make a new version of the current business mechanism in crypto-world.

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