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A First-Mover Platform Enabling Crypto-Payments between Tenants and Landlords Introduces Deposit Smart Contract to Tackle “Let-and-Run” Schemes

by BNP
August 5, 2021
in Crypto News
0
A First-Mover Platform Enabling Crypto-Payments between Tenants and Landlords Introduces Deposit Smart Contract to Tackle “Let-and-Run” Schemes
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Rentible.io, a next-generation proptech platform aiming to advance the transfer in direction of a decentralized sharing-economy and making blockchain use-cases in its respective sector extra mainstream-accessible, has handed one more milestone with the discharge of its novel deposit sensible contract.

 

The platform, aimed to be launched in This autumn and which is able to make it attainable for tenants and landlords to conveniently ship and obtain lease funds in numerous cryptocurrencies with elevated privateness safety whereas optimizing outdated market verticals through the deployment of DeFi rules and trustless sensible contracts, places further emphasis on defending market individuals from on-line “let-and-run” fraud, decreasing prices via disintermediation, and serving as a gateway for each blockchain lovers and less-savvy customers.

As a part of its latest milestone checkmarks, Rentible was just lately whitelisted by Bancor with a co-investment of 100K BNT (approx 350.000$) by Bancor DAO, in addition to listed on Bittrex World – a high 20 CoinMarketCap trade, each fairly uncommon achievements for a younger and nonetheless under-the-radar venture, additional demonstrating Rentible’s long-term potential as a nextgen lodging dapp working on a worldwide scale.

“In an identical strategy to how sharing-economies like Uber, Lyft, or Airbnb reshaped industries and shopper behaviour within the earlier decade, we are actually witnessing a core transformation of IT foundations through the rising mainstream adoption of latest financial doctrines and ideas based mostly on decentralized traits, laying the groundwork for the subsequent evolutionary step of IT implementations normally and of community-based or decentralized sharing-economies specifically, which is able to represent an integral a part of the sharing-economy reaching $335B in 2025 projection.

For those who’re a landlord renting out a property, had you acquired your lease funds in Bitcoin quite than in Fiat all through 2020, your precise yield would have quadrupled if no more in 2021. This sounds apparent to crypto savvy lovers, but we have to keep in mind that most landlords and householders worldwide, lots of whom are literally very to enterprise into crypto and obtain lease in BTC, ETH or different cryptocurrencies, don’t know even methods to open a pockets, and that is one thing Rentible goals to assist them with and be a facilitator of”, – Lupu Dror, CEO at Rentible.io.

rentible

Based by a workforce of seasoned Proptech entrepreneurs and skilled builders, and constructed upon the award-winning Lakotarsak platform and its partnering website RoomMatesUK, the imaginative and prescient of an autonomous, clear, intuitive platform that can inject the industry-disruptive capabilities of blockchain expertise into Proptech is the compass guiding Rentible’s trajectory because it units to imagine the place of a first-mover within the extremely energetic sector of mid-to-long-term on-line leases, paving the way in which for different nextgen ventures to comply with its footsteps into this huge but untapped multi-trillion area.

 



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