Rento adopts blockchain technology to implement a trusted economy through smart contracts 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 Blockchain technology provides opportunities in the sharing economy due to its immutable records, transparency, and smart contracts.
Aim of the project
Rento aims to create a global sharing platform for businesses and individuals that allow renting of untouched 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). Rento creates an ecosystem for the development of sharing economy.
Benefits of using rento
Rento sharing platform comes with a lot of benefits to every category of users.
For business owners: Rento will provide a new customer base and promote the sharing business.
Revenue generation: Rento is designed to help users generate revenue by sharing and exchanging every unused property.
On demand access to manpower and hardware: with the Rento sharing platform users will be able to rent hardware when the need arises. With the Rento App, generation of revenue will be very easy, as the App will serve industrial users as well as retail customers.
Building of reputation: since Rento is a decentralized sharing platform where trust is not an issue, and every user gets used to each other as well as recognizes each other’s attitude when it come to landing and borrowing, it becomes easy to build a trusted reputation.
Transparency in payment: On Rento platform, there is transparency in making of payment; therefore every user is guaranteed of receiving his or her payment and on time.
Rento sharing economy has designed an App which is meant to bring together clients, business owner’s users as well as rental services for the purpose of sharing and exchanging goods and services. With Rento App, users will be able to share or exchange anything including properties that are not in used and transactions completed in just a click of a few buttons.
Outstanding features of rento
Security: on the Rento platform, security is considered as a major aspect of the platform and tools have been put in place to ensure adequate security and safety of users and their assets.
The blockchain technology: Rento will carry out every transaction using a cutting edge technology of the blockchain and cryptocurrecncy. With this technology fast and secure business transactions are guaranteed.
A unique Business environment: Rento sharing platform is designed to offer users a unique business environment where sharing of goods and services is done effectively.
Reduction of consumption and waste: On Rento platform, users are able to minimize waste and consumption by renting out or exchanging properties that are no more in used or is not needed at that time.
Freedom of choice: Users have the option of choosing exactly what the need to exchange; users are not restricted to a particular country or borders since Rento is a global sharing platform
Rento token details
Token name: RENTO
Token symbol: RTO
The total number of tokens: 600,000,000
Number of decimal places: 8
Token Standard: ERC -20
Network Base: Ethereum Network
Tokens for sale: 264,000,000
Tokens for bounty: 6,000,000
Check out the following links to know more about the Rento project
Bounty BTT: https://bitcointalk.org/index.php?topic=5076209.0
Bitcointalk username: abeexy
bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2247475