Bob’s Repair — Decentralized Contractor platform

Bob’s Repair — Decentralized Contractor platform
Website : https://bobsrepair.com/

For many years, the house repairs are a hassle for many families. There are plenty of websites and online portals recommending contractors with good reviews. In most of the cases, the families find out the reviews to be fake. Finally, they end up paying higher fees and buy expensive materials for the repair. The commission of the middlemen are an additional expense.
Prandecki brothers are the performing the business of connecting the contractors with the consumers. They have managed to generate a billion dollar revenue to the company. Still, the consumers are unhappy with the commission they are paying to the middlemen.
To solve this, Bob’s Repair is developed with the aid of blockchain technology. This new age technology is a decentralized system with a peer to peer network where the participants will maintain the distributed register without any central authority. This enables the transparency and increased security in the network

Solution
By making use of this blockchain technology, will pave the road to solve the hassles happening in the contractor and house repair platform. Bob’s repair will be built on the STEEM blockchain and will store all the financial transactions happening in the network. Every user in the network can visualize the transaction between a contractor and a consumer.
This eliminates the option of marking high prices and commission to the network. The real reviews will provide better clarity of each kind of service to the consumers. Bob’s repair has the option of upvoting, flagging posts and user reputations on the profile. Hence, the contractor with a high review will earn a significant presence.

Revenue model

To maintain the growth in revenue of Bob’s repair, the business model is a modern one without any membership fees and transaction fees. The revenue is mainly from the escrow services, STEEM blockchain and the third party services to contractors and consumers.
The Bob’s Repair does not support any form of advertising by any of the contractors. The visibility is fuelled by only upvoting and good reviews. The escrow service is provided in two parts: on the website or in the storage medium. The escrow contract keeps track of the flow of money between the customers and the workers.
Third party services will be provided to the contractors and consumers. Bob’s repair will provide loans and insurance products to the consumers.
The growth strategy for the Bob’s repair is to hire 100’s of contractors from the regional markets before the international growth of the company. The crowdsale registers one Ethereum to 6000 BOB tokens. The public offering is expected in the first quarter of 2018. The tokens will be issued as a security in compliance with the SEC regulations.

The Team

The board members comprises of Frideric and others who are serial entrepreneurs. Frideric is a Harvard business graduate and is successful in raising 300,000 dollars for the mobile application which is now available in android and iOS. The other members are experts in Blockchain platform and information security.

For More Details Visit :

Website : https://bobsrepair.com/
Whitepaper : 
https://bobsrepair.com/docs/White-Paper.pdf
Written by: Pooja Jur
Btalk profile: 
https://bitcointalk.org/index.php?action=profile;u=1217469

My BTT profile link: https://bitcointalk.org/index.php?action=profile;u=1119219
My Ethereum address:0xE610997901b1e6fC1bF7E4278c54bf4b4BEA3DC6

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Aleks

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