HireGo is a decentralized car sharing platform. HireGo is an UK based tech company working in partnership with San Francisco based Origin Protocol is building the world’s first peer to peer car hire and car sharing platform built on Blockchain technology. By leveraging the Blockchain and IoT technology, HireGo is accelerating the transition to decentralized car hire and car sharing which is the future of car ownership.
HireGo's purpose is to reinventing car sharing using smart contracts and blockchain. HireGo positions itself as the first private car rental application in the emerging decentralized sector. They have a vision to set high technological and usability standards for the car hire industry, providing a professional, secure platform to connect like-minded individuals.
HireGo essentially is a decentralized P2P marketplace that allows its users to lease their vehicles in a trustless and secure environment. The marketplace leverages the Ethereum blockchain as both a public ledger for lease transactions, and for conducting the transactions themselves, using a smart contract framework.
The platform provides a range of cars for hire from lessors. All lessees need to do is select their desired car, secure it for their desired period and make the payment via the HGO token. When payment is made by the lessee, it is held in an escrow account on the Ethereum Blockchain.
The HireGo marketplace provides a directory of vehicles available for hire. Users are able to select an appropriate vehicle, secure it for their desired period and settle the payment, in-app, using the HGO token - an ERC20-compatible cryptocurrency built for the purpose.
HireGo has been designed with simplicity and security as a first priority. Payment is made, in advance, and held in an escrow contract on the Ethereum blockchain in the event of a dispute between users, a trusted party, such as the dedicated HireGo resolutions team, will be able to make the final judgment.
The purpose of the project with examples
Using blockchain based user identity solutions, HireGo provides assurances that users of the platform are genuine and trustworthy. Everything will be stored on the blockchain, creating an indisputable record of a user’s conduct.
HireGo allows people and businesses to create communities within the app so that they can decide who to share their car with.
The use of smart contracts, contractual code running on the Ethereum network, removes the necessity for a middleman and allows users to conduct trustless rental transactions.
When cars become IoT ready future versions of the HireGo contract will allow physical access to the vehicles to be governed by ownership of the requisite tokens.
The HireGo app will allow users with little or no knowledge of blockchain technology to seamlessly access the HireGo rental platform and begin listing vehicles or searching for available cars to hire.
The HGO tokens and smart contracts will be used for all transactions. Users can convert from and to other currencies within the application.
Users will be able to access the HireGo platform from anywhere in the world.
HireGo is building a decentralized, peer-to-peer marketplace that allows its users to lease their vehicles in a trustless and secure environment.
The marketplace leverages the Ethereum blockchain as both a public ledger for lease transactions, and for conducting the transactions themselves, using a smart contract framework.
HireGo has been designed with simplicity and security as a first priority. Payment is made, in advance, and held in an escrow contract on the Ethereum blockchain.
The HireGo applications provide a gateway for accessing the data in an intuitive manner and will create and send the necessary transactions, eliminating any potential friction for the user.
When a user enters into a rental contract the application will interact with the appropriate smart contract on the user’s behalf, parsing responses and interacting with the system using a pre-defined and public protocol.
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