Using over owning: How we enable renting business models using tangle ledgers
summary
Proof-of-concept that uses the IOTA tangle plus MAM authenticated messaging and low-power IoT (Ruby tag / ESP32 / Nordic / Raspberry Pi) to run shared-ownership rentals: a multisig warranty wallet holds deposits, usage fees are subtracted from the deposit, and sensor streams anchored to the tangle prove usage. Implemented at a hackathon with working code and live addresses, but network confirmations are sometimes slow, identity management is unsolved and the demo is only partially stable.
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chapters (6)
- 0:00Start
- 12:12AGREE ON OWNERSHIP
- 12:36RENTAL REQUEST
- 13:37RETURN REQUEST
- 14:03TRANSFER THE FEES
- 39:203. CREATE A WARRANTY
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