BIZSHAKE

BIZSHAKE

  • Bizshake.io is building a total biological system of applications went for permitting and urging clients to share their own particular properties, maximizing the esteem produced by their utilization and improving the benefits allocation all through the group itself.
  • BizShake is committed to improving community life by creating a fully decentralized P2P sharing ecosystem based on NEO blockchain technology, aiming to allow users to monetize their assets in forms of renting and pawning, while greatly reducing intermediary costs.
  • Bizshake.io accept there is a possibly colossal, generally unexplored market for resource allocation optimization. There are numerous organizations that emphasis on leasing resources, however few with fruitful stories of P2P sharing (i.e. Airbnb, Uber). The fundamental reason being trust in transactions.

 

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IDEA:

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.

  • Smart Rent
  • Smart Rent will allow users to rent assets for a certain period of time to other users for a pre-determined fee. Smart Rent 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.
  • Smart Pawn
  • Smart Pawn 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 Smart Pawn is another form in which the owner can exploit the fill potential of ownership.

 

PROTOTYPE PRODUCT:

  • Link: NA
  • It won’t take much time on releasing MVP. Once it is out, it will announced on social media platforms.

 

WHITEPAPER HIGHLIGHTS:

  • BizShake and the Blockchain technology, boundaries of trust can be overcome by utilizing one of the principal benefits of Blockchain: trustworthy transactions.
  • The Blockchain technology, that by nature is decentralized, allows transactions executed by the Smart Contracts to be completely reliable, as all the nodes of the Blockchain can store and certify that the transaction was executed.
  •  This simple but powerful concept means that all transactions are traceable and, hence the obligations of the parties involved, are not questionable.
  • The new frontier
    Sharing economy 2.0 BizShake is going above and beyond the current model by creating a truly decentralized P2P platform utilizing the NEO blockchain. We are confident and are utilizing the best functionality of its decentralization while minimizing the “fee” for both the lessors and lessee.
  • INNOVATION ASPECTS 
  1. Blockchain Blockchain technology will primarily benefit our project in 2 ways:
  • Allow us to cut all intermediaries in the renting/pawning process as well as in the payment process.
  • Introduce the transparency and trust needed to relay the safety of the renting/pawning process, therefore reducing (if not eliminating) frauds.
  1. NEO Blockchain:
  • Offers the following advantages among the few complete Smart Contract platforms that are currently available:
  • Scalability: already capable of executing more than 1,000 TPS (transactions per second) Vs. 15 TPS on Ethereum Blockchain. NEO also projected the ability to handle 100,000 TPS by 2020;
  • the cryptography algorithm achieved by the NEO Blockchain is already Quantum Proof, which means there won’t be a need to update or introduce a new algorithm in the future;
  • NEO executes its block generation algorithm based on dBFT (delegated Byzantine Fault Tolerance).
  • NEO is actively working on Digital Identity implementation and is extremely compliant with Government Blockchain regulations.
  1. User Identification and Credibility Level:
  • BizShake will fulfill a specific AI algorithm that will calculate user’s level of credibility based on past transactions in which the user was engaged in the dAPPs of BizShake ecosystem, as well as external IDV (Identification Verification) services available on the NEO Blockchain, including but not limited to Government data, insurance and financial companies, social networks, etc.
  1. Profiling for User Experience Improvement
  • BizShake will use all the information gathered from any available source, after explicit user approval, not only to enhance the calculation of the Credibility Level but also to improve the User Experience.
  1. Peer-to-Peer communications and Sub-communities:
  • BizShake will apply P2P dialogue functions and allow users to create subcommunities based on specific requirements they set to involve other users in this community.
  1. Assets verification and certification:
  • BizShake will involve qualified Certifier Users and authorize them to create Digital Certification of a certain asset that will be stored into the Blockchain so that the owner of the asset can grant its authenticity to other users.
  1. Decentralized Dispute Solution:
  • BizShake will implement a decentralized dispute solving system by assigning arbitration rights to the pool of users with the highest level of credibility.

Advantages of BIZSHAKE:

  • Low fee: Leveraging on the Blockchain technology, the fee applied by BizShake will be as low as 5% of each transaction value in order to cover our business development, marketing and operation costs. 5% of rental fee from SmartRent and 5% of interests from SmartPawn. The fee will be automatically deducted from the rent/interests amount.
  • Decentralized: Decentralization is one of the major pillars of the Blockchain technology and we believe is the most appropriate way to implement real P2P applications. The concept of decentralization itself is what will allow users to trade within themselves without the need of intermediaries, therefore greatly reducing the cost and fee for users involved in the transactions
  • Easy to use: The goal of BizShake is to achieve scalability in our user base. For this reason, we’re working hard on our User Interface in order to grant the best user experience. Smart Rent and Smart Pawn will be available in many languages in order to satisfy a different linguistic requirement. BizShake smart contract will facilitate the easy access to our business functionalities
  • Scalability: The BizShake ecosystem will be implemented on the NEO Blockchain. The NEO Blockchain can already grant extraordinary performance level, compared to other Smart Contracts Blockchain (1,000 TPS on NEO vs. 15 TPS on Ethereum). Neo can also achieve 10,000 TPS in the near future as officially disclosed by NEO team
  • Multi-Platform: BizShake applications will be available on multi-platforms. Smart Rent and Smart Pawn will be optimized for Desktop, Mobile and Tablet use. BizShake will encourage our partners to keep working with the same philosophy. New developments, with IoT functionalities, will be available in a second phase

Smart Identify and improvement of user profiling

  • BizShake will engage IDV service providers in a strategic partnership to implement a powerful User profiling AI system. Such implementation will allow BizShake to access other sources of information related to the user (after user’s authorization for each service) and will grant an accurate user profiling in terms of: –
  • Digital Identity
  • Accountability
  • User’s preferences and experiences
  • User’s interests – Etc.

Smart Dispute system

  • An innovative dispute system will be implemented in BizShake applications for the major dispute cases that may eventually arise during transactions so that both parties involved know exactly how to deal with payments, deposits, etc.

 

HYPE:

  • 31k telegram users, 22k followers on Facebook and 25k Twitter followers.
  • 4 ratings on ICO bench.

 

LONG TERM:

  • Smart Pawn, Smart Dispute and Smart Rent alpha releases in May- July 2018.
  • Smart Certify business partnership established. Customer Service team hired on Q2 2019.
  • Smart Certify Go-Live. Smart Identity beta release on Q4 2019.

 

TOKEN METRICS:

Token BZS
Pre – Sale Price 1 NEO = 260 BZS
Price in ICO 1 NEO = 185 BZS
Country USA
Platform NEO
Website https://bizshake.io
Whitelist/KYC KYC & Whitelist
Restricted Areas China
Pre-Sale 1st Oct 2018- 14th Oct 2018
Public- Sale 15th Oct 2018 – 31st Oct 2018
Tokens for Sale: 100,000,000
Soft Cap 3700000 USD
Hard Cap 40000000 USD
Total Token Supply 200,000,000
Token Supply Breakdown 50% sold at ICO
30% at reserve
15% at Founders
5% at advisors
Bonus Private Sale (Oct 1 – Oct 14): 40% (1 NEO = 260 BZS)
• Crowd Sale Phase 1 (Oct 15 – Oct 18): 25%
• Crowd Sale Phase 2 (Oct 19 – Oct 21): 15%
• Crowd Sale Phase 2 (Oct 22 – Oct 25): 10%
• Crowd Sale Phase 2 (Oct 26 – Oct 31): None

 

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