Technical Summary

How does it work?

RentB platform - is powered by ETH based RENT Coin. Once you get RENT Coin you are eligible to rent or lease any apartment without fees and to trade with lover fees on the platform.

SECURITY

The basic infrastructure on RentB platform is built by integrating already existing solutions and practices that have been proven over time.

The encrypted seed phrase, along with other sensitive data like addresses, keys and account data, is securely saved in the browser's local storage. No online app, website or provider can access any of that secured data. The users remain with total control over their wallets. They will use MetaMask's Eth-Keyring library to store and manage accounts. This technology is audited and proven open source solution to minimise the possibility of errors.

In the future we will develop our own desktop and mobile wallet.

SMART CONTRACT

Smart contracts allow users to transact with each other without a central authority. Transaction records are immutable, verifiable and securely distributed across the network, giving users full ownership and visibility into transaction data. Transactions are sent from and received by user-created RentB accounts. A tender must sign transactions and spend RentB, fiat or other cryptocurrency, as a cost of processing transactions on the network.