HIREGO: REINVENTING CAR HIRE AND CAR SHARING USING SMART CONTRACTS AND BLOCKCHAIN
At some point in our lives, very many of us have used a car renting service. Whatever the reason is, I’m not sure, but I do know that people use car renting services for reasons such as tourism, long hours spent in traffic, limited parking spaces, increasing cost of maintaining one’s car, etc. This has made car renting a very lucrative business as it is an industry that is worth billions of dollars and is expected to reach $90 billion by the year 2020. However, the car renting industry has some drawbacks which include humongous commissions spanning up to 35%, costly insurance fees, poor data security, lack of user choice and control, etc. One can conclude that, the centralized nature of car renting makes is well limited and less attractive to customers. However, for the long-term sustainability of the car renting industry, a decentralized solution is strongly needed. To this end, HireGo, a decentralized platform for private car rental has been set up and is based on blockchain technology.
The HireGo platform features a P2P system for listing vehicles, user data is secured and they can monetize their data by selling it off to third parties, and users can access multiple forms of transport with a single ID, etc. Also, on the HireGo platform, car owners can register their cars so hirers can go on the platform and get their cars hired. Note that, HireGo has an app that can be downloaded on the Google play store as well as the App store, and is easy to use, thus aiding user adaptability. The HireGo token (HGO) will be used to facilitate car hiring in the HireGo platform.
The HireGo product will be launched in 5 different phases, details of which can be found on the whitepaper https://hirego.io/lib/HireGo_Whitepaper.pdf . Note that, the HireGo marketplace will deploy 3 smart contracts to the Ethereum network:
• Vehicle non-fungible token
• Rental contract
• HGO token
To bring the HireGo platform main stream, it is organizing its token sale event where participants can purchase the HireGo (HGO) token.
BENEFITS OF THE HIREGO PLATFORM
• IoT and interoperable shared mobility
• Earn token rewards and electric vehicle
• User control
• Zero commission
• Traceability and transparency
• Decentralized P2P insurance
• Blockchain encrypted keyless access
Decentralized structure
• Seamless peer-to-peer payments
There are a lot more benefits of the HireGo platform and I urge you to visit the website https://hirego.io/ to find out more.
HIREGO TOKEN AND DETAILS OF ITS SALE
HireGo token (HGO) is an ERC20 compliant token on the Ethereum blockchain. It is an in-app token and the cost of Gas for transactions with the HireGo app will be covered by HireGo. Note that, HireGo app users do not need any ETH in their balance to carry out a hire transaction with the app. Gas cost is transferred to a user’s address once they select a transaction. Once transaction is confirmed, the rental transaction is issued by the HireGo app. Users need not worry about possible exploitation of the non-gas cost as protection steps will be put in place to avoid it.
Token Symbol: HGO
Base Value: 1 ETH = 4,000 HGO
Type: ERC20
Token supply: 100 million HGO
Soft cap: 1,500 ETH
Hard cap: 15,000 ETH
TOKEN DISTRIBUTION
ICO - 60%
Founders - 15%
Team - 10%
ICO organization, bounties, legal and incorporation expenses, payments for advisors, third-party services - 10%
HireGo app early birds - 5%
ROADMAP
Q4 2017 - R&D and whitepaper
Q1 2018 - Started development on testnet release and iOS app
Q2 2018 - Launch HGO Token crowdsale (ICO) and list on crypto currency exchanges
Q3 2018 - Deliver the first beta of the HireGo iOS app
Q4 2018 - Deliver HireGo app for Android, issue token incentives for early users
Q1 2019 - Deliver HireGo web app
Q2 2019 - Provide APIs to allow other apps to use HireGo tokens
Q3 2019 - Release beta version of HireGo car sharing platform
Q4 2019 - Integration of IoT devices for smart contract enabled car sharing (beta)
TEAM
Luqman Hussain - Managing Director / Blockchain Expert
Adil Bashir - Operations Director / Industry Analyst
Lee MingMing - Smart Contracts Developer
Ishan Fernando - Full Stack Developer
Shakil Hussain - UX/UI Designer
Coleman Maher - Lead Advisor
Claudio Ramirez - Blockchain Advisor
Rob Tomkins - ICO and Investment Advisor
Dr. Vimal Gahlot - Urban Transport Expert
Esther Carrión - Sharing Economy Advisor
Luke Mitchell - Blockchain / Smart Contract Advisor
Nyugen Quang - Marketing
Andrew Edginton - Data Guru
PARTNERS
Should you require more details on the HireGo platform or want to connect with other unique participants across the globe, please feel free to click on any of the following links:
Website: https://hirego.io/
Whitepaper: https://hirego.io/lib/HireGo_Whitepaper.pdf
Ann thread: https://bitcointalk.org/index.php?topic=3078482.0
Facebook: https://www.facebook.com/HireGoLtd
Telegram: https://t.me/hirego
Twitter: https://twitter.com/Hire_Go
Published by: charleyles
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1344011
Ethereum wallet address: 0x69C516900e939e97C7c60Ca59bdaF15295556838