ShareRing

SHARE RING

This is a platform that provides sharing services enabling the users to share their things with other easily and receive payments for everything shared no matter what it is or where they are.

PROS:

• Secure: The use of block chain promotes secure transactions within the platform building trust from its use. This prevents any losses associated with hackers  or breaking into the users wallets
• Instant transactions : The  platform enables instant payments of the anyone involved in it irrespective  of the place where they are   and each transaction is confirmed on spot
• User- friendly: The platform  is easy to use  and affordable  enabling it to be used by everyone ranging from individuals to big businesses
• No restrictions: The platform enables the users to share everything without any geographical restrictions making the token use accepted globally across the boarders and oceans
• The platform use is based on ID which promotes a seamless way to verify the identity of the users  across  different  sharing services
• The users are able to see and use any sharing services around them through the well developed universal application
• The platform is has adequate team on board with relevant experience right from the CEO who is the co –founder Tim Bos who has successfully  started several sharing services including global car sharing

CONS:

• The white paper is less  detailed 
• The project token is not established to enable it raise adequate funds for full implementation

SUGGESTIONS:

• The project should establish a token  to enable it raise funds to its implementation
• The project white paper should be more detailed to enables the users explore its use

NOTE:

The project promotes the users to easily share their content and get rewards irrespective of their location making the project viable and I would invest in it.

Summary

The potential of ShareRing can be huge, areas for potential application can vary vastly, from using it for transport such as renting a car for a few days to agriculture where you can share someones garden. Having a blockchain entity builds trust throughout ShareRings concept emphasising accountability, eliminating transaction fees provides an ease to the user and sharer. Given ShareRings execution in developing the app and by keeping it quick, easy and simple to use we think ShareRing will be a huge hit and very successful in the coming years.

Positives
Eliminates unnecessary exchange rate or international transaction fees – uses its own token system which can be bought from your native currency.
Transactions are secure – Blockchain system provides a safe and secure transaction system that is unable to be tampered with so everything is accountable.
Encourages flexibility in everyday life – If its car share to work or needing your pets to be fed whilst your away, ShareRing can provide with another user to share anything.
Negatives
The app is still yet to be developed: Once the app is designed and ready for usage then ShareRing can be used to full effect.

ShareRing looks to be a legit cryptocurrency-based sharing platform, based on blockchain technology. It’s a new company and has a real-team who can be seen on LinkedIn and their other social media platforms. If you want to get involved with a real cryptocurrency, then ShareRing is looking like the real deal for investors who want to make some cash in the next upcoming months. You can learn more about the platform at ShareRing.net – where the whitepaper is available and all the team member bios.

Among advantages of the project we’d name huge sharing economy industry, its potential growth, and a vacant niche of a company that would combine and unify the current differentiated sharing services around the world. The team itself and the desire of the top management to invest token funds into the project development and engaging entrepreneurs into this process are also strong points of the project. Considering possible challenges we see a lack of marketing, hype, and partnerships, the components that seem necessary and critical for the project success.
There is a good chance that ShareRing will become the first global decentralized platform for sharing the entire spectrum of services or things – transport, real estate, finance, assets, food, agriculture, etc.