Shared Economy Tool Rental
A decentralized marketplace where users can rent tools or equipment. Smart contracts manage rental agreements and payments, ensuring transparent and secure transactions between tool owners and renters.
To enable peer-to-peer tool and equipment rentals by providing a decentralized platform where rental agreements and payments are securely handled via blockchain, fostering a shared economy.
- Tool Listing for Rent: Tool owners can list their tools for rent by setting a rental price and period.
- Rental Payment Management: Renters can pay for rentals directly through the platform, with payments securely transferred to the tool owner.
- Smart Contract Automation: Rental agreements are enforced automatically, ensuring transparency and preventing disputes.
- Implement a reputation system for renters and tool owners.
- Add support for multiple cryptocurrencies.
- Introduce collateral or deposit management for high-value rentals.