What is BizShake?
BizShake is going to release an application that will be available on Web and on Mobile platforms (iOS and Android). This application will have two different but complementary business models that will work independently from each other.
SmartRent will allow users to rent assets for a certain period of time to other users for a pre-determined fee. SmartRent will allow lessor to exploit the full potential of ownership with economic return as well as allowing lessees to enjoy the use of an asset without investing in its purchase.
SmartPawn will allow users to receive a short-term loan from another user; the loan will be backed by the transfer of an asset. When the loan will be refund, the asset will be transferred back. Using SmartPawn is another form in which the owner can exploit the fill potential of ownership.
BizShake will implement a decentralized dispute system that is based on peer control. This goes exactly in the way of the full scale implementation of a complete P2P sharing economy, as users will help other users to judge and settle the disputes. Moreover, the verdift of a single arbiter will undergo peer control from other arbiters.
SmartCertify will adopt an innovative Blockchain concept called “Non-Fungible tokens” and will implement an affiliation program to involve Certifier Users in order to greatly reduce fake or broken objects of high-value assets. On the other hand, it will allow users to grant the authenticity of the assets they are sharing with the community.
BizShake will implement specific AI algorithm to calculate user’s profile, ID and level of credibility, through multitude data from BizShake dAPPs and external sources such as government data, insurance, financial institutions, etc. Such Credibility Level can be shared with other BizShake partner dAPPs under users’ consensus.
SmartAPI will provide other business owners with the possibility to implement more applications based on BizShake business logic and AI algorithms for their vertical markets, specific asset classes and languages, in order to bring the maximum possible value to the community.