Traditional car ownership is declining as more people than ever are choosing to hire a car from private individuals or to car share. This trend is set to continue rising due to factors such as government regulation, demographic changes and cost.
In a rapidly-decentralising world there is a strong motivation to upset incumbent, centralised services and to create user-oriented alternatives.
By leveraging the blockchain to create a trustless, decentralised rental platform, HireGo aims to overcome the shortcomings of existing solutions such as;
- High transaction fees; existing centralised platforms charge up to 35%
- Centralised ownership and ‘pooling’ of data becomes target for data theft
- Monopolisation of user data and reviews
Our goal is to speed up the transition to decentralised car hire and car sharing whilst enabling a seamless user experience.