Rento FRAMEWORK – PLATFORM FOR GLOBAL SHARING ECONOMY

INTRODUCTION: Good day ladies and gentle men all over the world, and I also extend my greetings to all my dear readers across the globe. as you all know’s, that I always carry you along with any good crypto related project through this wonderful CRYPTOCURRENCY NETWORK BLOG.

According to the main purpose or fixed design of this article , I will be presenting you a brief introduction about crytocurrency.

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. Cryptocurrencies are a kind of alternative currency and digital currency (of which virtual currency is a subset). Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.

The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.

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Bitcoin, first released as open-source software in 2009, is generally considered the first decentralized cryptocurrency. Since the release of Bitcoin, over 4,000 altcoins (alternative variants of Bitcoin, or other cryptocurrencies) have been created.

In 1983 the American cryptographer David Chaum conceived an anonymous cryptographic electronic money called ecash. Later, in 1995, he implemented it through Digicash, an early form of cryptographic electronic payments which required user software in order to withdraw notes from a bank and designate specific encrypted keys before it can be sent to a recipient. This allowed the digital currency to be untraceable by the issuing bank, the government, or a third party.

In reference with the motion of this article, Today! I will be presenting you a particular undisputed project called: Rento

WHAT IS Rento?

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Rento is proposing a global sharing platform for businesses and individuals that allows renting of underutilised assets. Unlike competitors in the market, Rento provides rental of any item to any individual, rather than focusing simply on one market (cars, apartment share). Furthermore, Rento leverages

 

blockchain technology to implement a trusted economy through smartcontracts that ensure rental conditions are met and that the parties can count on one another to deliver and return the product or service. Rento aims to introduce the sharing economy in the daily lives of people everywhere, reducing waste in the economy and allowing more people to enjoy a variety of services and products without having to shoulder the cost of owning every type of item they use.

MORE DETAILS ABOUT Rento

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Rento is creating a software solution for individuals and businesses to share items and services that, until now, needed to be purchased. The Rento solution is based on the increasing “sharing economy” market, but rather than focus on one vertical, Rento is providing a complete solution, including smartcontracts, for anyone to rent or borrow any item or service. In the same way that ecommerce sites such as eBay do not limit themselves to one type of item, Rento is providing the sharing economy marketplace. Rento is leveraging blockchain technology for the smartcontracts that ensure trust throughout the system. The concept of sharing economy is built around the use of economic resources to their fullest potential and that is exactly what Rento is aiming to accomplish. Rento proposes a mobile application (and web platform) that allows users to list their unused assets for renting or sharing on its platform. Every listing on Rento includes the key aspects of the asset or resource such as its rental cost, availability schedule, images or video of the actual item, specifications, and terms and conditions specific to the asset.

Rento proposes multiple products and services segments, with its initial focus on businesses and service providers to populate the platform with a large stock of available resources, ensuring that the platform initially has enough inventory for consumers to find it appealing. Rento will be launching with primary listing segments such as household items like lawn mowers or snow blowers, through more commercial offerings such as shared offices and conferencing facilities, construction equipment, parking spaces, and even underutilized human resources. In addition to developing a sharing platform, Rento plans to set up at least one bricks-and-mortar rental store as a proof of concept for its sharing ecosystem. Considering that the assets to be proposed for listing vary in financial value, the maintenance of transparency is of utmost importance. Also, in the sharing economy, reputation is key, and it’s essential that all information is verified and secure.

Rento KEY FEATURES

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Rento is an app connecting business owners with clients and rental services with users. It also makes room for the development of sharing economy. Why buy a rotary hammer if your neighbor has one in his garage? Why should your vacuum cleaner stay in the closet for 90% of the time if you can rent it out? On top of that offering your services in Rento gives you additional earning opportunities. And most importantly, why use several different apps to book, rent or share, if all of your needs can be met by just ONE app? Rento is a game changer for millions of devices, books, vehicles and other things that collect dust instead of profits for their owners.

Rento RPADMAP

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Rento TEAM BOARD

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Rento ICO AND TOKEN ANALYSIS

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ICO TIME:

2018-10-16 – 2019-02-28

Decimal places 8

Token standard ERC20

Network base Ethereum Network

Tokens for sale 264,000,000

Owners tokens 305,000,000

Bounty tokens 6,000,000

Tokens for team and advisors 25,000,000

Price range for token sale $0.01 – $0.12

The RTO Token confers no other rights in any form, including, but not limited to, any ownership, distribution (including, but not limited to, profit), redemption, liquidation, proprietary (including all forms of intellectual property), or other financial or legal rights, other than those specifically described in this white paper. The RTO Token is not intended to be used for any purposes other than those provided in this white paper, including, but not limited to, any investment, speculative, or other financial purposes.

● Token Symbol <<>> RTO

● Price <<>> 1 RTO = 0.012 ETH

● Bonus <<>> Available

● MVP/Prototype <<>> Available

● Accepting <<>> ETH

● Minimum investment <<>> 100 USD

● Hard cap <<>> 19800000 ETH

● Country <<<> Malta

● Whitelist/KYC <<>> KYC & Whitelist

MY OPINION CONCERNING THIS PROJECT

In my own perspective, I can see Rento as an innovative, incomparable and undisputed project with a great vision and unique ambition to be the most smartest and respective projects in the nearest future all over the globe.

CONCLUSION:

Nowadays a lot of projects are being created in different countries, But not much of them with solid standard and good qualities asRento does.

For more or further details, please! Kindly follow the links below:

ANN TREAD: https://bitcointalk.org/index.php?topic=5074644.0

WEBSITE: http://rento-app.io

WHITEPAPER: https://rento-app.io/assets/whitepaper.pdf

FACEBOOK:https://www.facebook.com/rentoapp

TWITTER:https://twitter.com/Rento_app

INSTAGRAM:https://www.instagram.com/rento.app

MEDIUM: https://medium.com/app-rento

TELEGRAM: https://t.me/rentoapp

REDDIT:https://www.reddit.com/r/Rento

••BITCOINTALK PROFILE LINK:https://bitcointalk.org/index.php?action=profile;u=1907552;sa=summary

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