We're using the Bitcoin blockchain for the Sharing Economy

[Jbanna]

Hey everyone!
So, I'm CEO / Co-Founder of Portion.
Basically, we're a 'rental agency in your pocket'. It's like an 'AirBNB for your stuff''.

We're creating a unique method to enable the sharing economy using the Bitcoin blockchain. We've chosen not to go the Ethereum route for many methods we won't get into here.

Please do us a huge favor and fill out a very short survey.
https://www.surveymonkey.com/r/5S2DWBL

We're early in the startup game, but have an impressive prototype demonstrating our powerful capability.

Ask us anything, and we'll give a prompt response.

If y'all want more info check out some links. We're totally rebranding to 'Portion' by mid-February.
http://portion.io
https://twitter.com/TrancendusINC

 

[1715265490]

1715265490

[1715265490]

1715265490

[Slark]

I completed your survey.

I am not sure if I understand your concept correctly, so please correct me if I am wrong here.
You will provide some kind of method to link physical object via holographic stickers (or some other tech) to bitcoin's blockchain to keep track and prove item ownership?
So will I be able to track my possession with your tech? For example if I tag my motorcycle with it, and someone steals it, will I be able to find it later?

[digaran]

Using government's delivery system? what do you mean by tagging our items? you realize things like this has no credibility in courts of law right?
You can't prove ownership of property by providing evidence from a decentralized source. in case if you missed the memo, peer to peer and decentralized systems are not working under any law but the law of code and protocols.

[Jbanna]

I completed your survey.

I am not sure if I understand your concept correctly, so please correct me if I am wrong here.
You will provide some kind of method to link physical object via holographic stickers (or some other tech) to bitcoin's blockchain to keep track and prove item ownership?
So will I be able to track my possession with your tech? For example if I tag my motorcycle with it, and someone steals it, will I be able to find it later?

Hi Slark,
We will have more information pertaining to our product shortly, but until now we've been in stealth mode.
I will try to answer your question as best as possible.
In the example of your motorcycle:
You would tag it, and place it directly on our marketplace with a necessary security deposit & your cost.
Somebody would rent it and scan the tag on their app. If they stole it, they would simply automatically pay your security deposit held in escrow.

Using government's delivery system? what do you mean by tagging our items? you realize things like this has no credibility in courts of law right?
You can't prove ownership of property by providing evidence from a decentralized source. in case if you missed the memo, peer to peer and decentralized systems are not working under any law but the law of code and protocols.

Our goal is not to have "credibility in courts of law".
We are concerned with people loaning items out into a decentralized P2P mesh and making recurring revenue on that object. We tie objects to an address on the blockchain using fraud resistant smart-tags.

[Blawpaw]

The Sharing Economy is basically one of the best niches Bitcoin can be applied to. Your project looks very interesting. Although it is pretty similar to whats lock.it was trying to do it seems to be a very useful project.

[Kemarit]

I subscribe and answer your survey as well. I'm interested how
this pan's out. A lot of industries now are using blockchain and
taking advantage of this technology.

Here is another thread I opened explore the use of blockchain

technology for the import and re-export process of goods in and out of Dubai.

https://bitcointalk.org/index.php?topic=1782126.msg17773525#msg17773525

What's your plan of rolling out this project I understand your plan
is providing "fingerprinting" physical goods and entities, But is this
global, or US/UK based only? The reason I'm asking is that I'm not
from US and I want to understand how its suits up locally here.

Thanks and Goodluck!!!

[PremiumCodeX]

So, by "sharing" you literally mean sharing the market items, right? So, I set a security deposit and price for each item I can lend and when a customer wish to borrow an item of mine, he pays the security deposit AND the price. If he steals the item, he loses and I get the security deposit. If he does not steal the item, he gets his security deposit back. Is that right? Is it on physical items or digital items too?

[avatar_kiyoshi]

That will be good idea, but it's need a lot trust, means using escrower who have a capability to handle it, to boost your service.

So, if seen on the survey questions looks like you specifically rent a physical goods only? How far the scale? Means it's just around your areas? Although I think it's hard to make it worldwide when involve a physical goods, unless you put an agent for every country which you have selected as your market.

[freemanjackal]

is this related to what i read about blockchain tech like smart contracts? do you figured out how to and when release the funds? you said you will not use eth blockchain, bitcoin instead? a new one? or some other side chain?

[PremiumCodeX]

So, what is your progress with this project's development? I think, it is a very good idea and wish to learn your solutions to the questions above. I am sure, your answers would make many more people help your product if they have their questions cleared up.