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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO][Rentberry] – Decentralized Home Rental Platform
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on: November 30, 2017, 08:23:47 AM
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Projects from a wide range of areas have been implementing blockchain into their operation over the past six months, and now Rentberry has appeared. The blockchain technology will take place in the process of renting real estate. You write in white paper that due to this the process of renting apartments and housing will become less expensive. Due to what will it happen?
The Rentberry project is unique in its kind, it doesn’t have direct competitors yet. The process of renting real estate will become less expensive due to absence of intermediaries in form of realtors, evaluators of solvency of renters, etc. Well, in fact, there’s nothing unique here. One more real estate office, but blockchain acts as a live realtor. Using blockchain and smart contracts in Rentberry’s operation won’t only increase the security of this process, but also seriously automate it. Due to this, the tenant and the landlord will spend less time on transactions, unlike the traditional way: they won’t need to go anywhere to estimate anything, look for additional intermediaries which are to perform some work, long negotiate on the cost, on the amount of the deposit and etc. I’ve also heard somewhere that they plan to introduce the “smart lock” technology. An authorized tenant will be able to open a house without a key using his smartphone, which, it seems, will interact with a smart contract.
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