Introduction
introduced the best network of systems and services in investment with blockhain and cryptocurrency technologies
RxEAL is an unreliable and secure deposit storage security platform in the Ethereal block. This provides a decentralized dispute resolution with a primary focus on real estate market and automotive rentals worth hundreds of billions of dollars combined. RxEAL will also be available to other industries demanding unreliable fund storage and fair dispute resolution. Deposit is the measure used to cover the losses suffered by the rental property. However, surrendering money to others to keep is a matter of trust. The paying party can not guarantee that the deposit has been securely stored and the other party will refund the deposit. Furthermore, at the conclusion of the agreement, it may take several weeks for the lessee to receive their refund,
RxEAL provides a way to save money safely for various rental products in the form of emergency crypto by using smart contracts on the Ethereum block and fair dispute settlement process.
interaction with decentralized applications and smart contracts within the Ethereum ecosystem and ensuring permanent security standards
With the rise of cryptocurrencies, the company that has been operating in the real estate and rental car market for years. In other words, these companies accept to accept cryptocurrencies as a means of payment; Example include property company based in London, The Collectives 1 and United States-based travel company offers CheapAir 2 car rental services.
The global car rental market is worth about $58 billion in 2016 and is expected to reach nearly $125 billion in 2022.
According to the information available on the website of the rental car company, the deposit required by companies and individuals vary significantly and the average is $200 to $800 for the smaller car. Significantly, a closer analysis of the statistics dispute cases reveals that a number of countries have implemented the tenancy deposit protection scheme; examples of these are United Kingdom, New Zealand and each State in the United States. Although the level of dispute in these countries is lower, according to some reports it could reach 15%, while, according to the information provided on the site of the Deposit Protection Service, only 2% of their clients have disagreements.
Daily Transactions
We believe that RxEAL is the answer to the demands of the growth of the consumers involved in real estate, car rental and other transactions involving money guarantee. We provide solutions that are more secure, faster and cheaper than the traditional alternatives.
RxEAL provides a way to securely store the security deposit for the rental of various products in the form of cryptocurrencies using smart contracts at Ethereum.
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
More information click on the following link
Website: https://rxeal.com/
White Paper: https://storage.rxeal.com/public/RxEAL_White_Paper.pdf
Twitter: https://twitter.com/rxealofficial
Facebook: https://www.facebook.com/RxEAL
Telegram: https://t.me/rxealofficial
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2518611
RxEAL bounty content guidelines: https://storage.rxeal.com/public/RxEAL_bounty_guidelines.pdf