What Is RXEAL
real estate and car rental is one of the largest business industries in the world generating hundreds of billions of US Dollars in turnover. People in constant need find the right place to live, work and travel, thereby, creating regular demand for real estate properties and car rental services which are the most popular types of rental deals in the world.
The latest market trends indicate that people are more likely to lease real estate, cars or other assets than to buy them. There are several reasons for this, the most common ones are:
regular travel abroad for work or related recreational purposes;
the faster pace of life involves frequent changes in the environment;
reduce maintenance costs, taxes, insurance, convenience;
decrease the cost of benefits from owning property;
economic situation and low savings; and
high real estate, cars and other asset prices.
With the rise of cryptocurrencies, companies that have been operating in real estate and rental car markets for years are adjusting their businesses to meet future consumer needs. In other words, these companies began to accept cryptocurrencies as a means of payment; examples include the London-based property company The Collective 1 and United States-based travel companies that offer CheapAir 2 car rental services.
the global car rental market is worth about $ 58 billion by 2016 and is expected to reach nearly $ 125 billion by 2022. 7
According to the information available on the car rental company website, the deposits required by companies and individuals vary significantly and the average is $ 200- $ 800 for the smaller car category. Significantly, closer analysis of dispute case statistics reveals that a number of countries have implemented lease deposit protection schemes; examples in between
UK, New Zealand and each country in the United States. Although the level of disputes in lower states, according to some reports it can reach 15%, while, according to the information provided on the Deposit Protection Service site, only 2% of their clients have disagreements.
Why choose RxEAL
RxEAL is a platform for unreliable and safe deposit storage security on the Ethereum blockchain. This provides a decentralized dispute resolution with a primary focus on real estate and automotive rental markets worth hundreds of billions of USD combined. RxEAL will also be available to other industries demanding unreliable storage of funds and a fair dispute resolution. The deposit is the measure used to cover the losses suffered by the rental property. However, handing money to others for storage is a matter of trust. The paying party can not ensure that the deposit has been safely stored and that the other party will return the deposit. Furthermore, at the conclusion of the agreement, it can take weeks for the lessee to receive their return deposit, and the disputes potentially expire after having to be settled in court, taking longer time. We believe that RxEAL is the solution to eliminate the growing number of fraudulent cases in lease transactions related to unfair deduction of funds from bail at the end
rental agreement by providing an interface to engage in these activities using smart contracts requires no technical knowledge. Not only does RxEAL solve the problem, it also provides faster return deposit rates and cost effectiveness compared to current off chain solutions.
In RxEAL user platforms capable of generating smart contracts based on the terms both parties have agreed on. The contract will ensure that the deposit amount is safely stored in the Ethereum blockchain throughout the course of the agreement without the possibility of unilaterally changing the terms of the contract or accessing the funds. In the event of a dispute concerning the final distribution of the deposit, our platform will provide a decentralized and independent arbitration by qualified members who obtain RXL tokens to resolve the dispute.
By combining blockchain technology with everyday lease transactions we are able to build an entirely new way for users who lack the technical knowledge to take advantage of the benefits offered by smart contracts.
We believe that RxEAL is the answer to the growing demands of consumers engaged in real estate, car rentals and other transactions involving money
guarantee. We provide safer, faster and cheaper solutions than traditional alternatives.
RxEAL provides a way to securely keep a deposit for various rental products in the form of cryptocurrencies using smart contracts in Ethereu
Daily transaction: 25,000
Projected annual tokens requested in USD:
Average deposit Total demand
$ 300 $ 104,025,000
$ 600 $ 166,987,500
$ 900 $ 229,950,000
$ 1,200 $ 292,912,500
$ 1,500 $ 355,875,000
Condition
The sample request for an RXL token in USD is equivalent to using the basic service cost model and assuming a 50% dispute rate.
Request Token
Next contact this Link address
Details Information:
Website: https://rxeal.com/
Facebook: https://www.facebook.com/RxEAL
Twitter: https://twitter.com/rxealofficial
Telegram: http://t.me/rxealofficial
Medium: https://medium.com/rxeal
Author: (specsmuluk) https://bitcointalk.org/index.php?action=profile;u=1062194
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