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Decentralized vehicle rental protocol #17

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michalmikolajczyk opened this issue Feb 20, 2018 · 1 comment
Open

Decentralized vehicle rental protocol #17

michalmikolajczyk opened this issue Feb 20, 2018 · 1 comment

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@michalmikolajczyk
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Feature request

As a product owner
to deliver appropriate contracts for vehicle rentals
I need to invent a trustless decentralized protocol
which involves only the motorcycle owner and renter
and involves storing cryptographic proof of the process
and does not involve any relay business
or other central authority

suggestion
try to depict the algorithm like a flow diagram

@michalmikolajczyk michalmikolajczyk added this to the Notary milestone Feb 20, 2018
@lam3lka lam3lka changed the title decentralized vehicle rental protocol Decentralized vehicle rental protocol Feb 21, 2018
@adamskrodzki
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adamskrodzki commented Mar 22, 2018

If it is about to be trustless and decentralized There need to be a mechanism to penalize for misbehaviour.
Require of deposit for every user so high that it can cover damage or steal of motorbike is not practical,

I believe two factors should be included:

  1. Safe deposit
  2. Connection of every user to other users for which he guarantee

To incentivise 2) There should be also some reward For having many connections weighted by frequency usage

Kind of Piramid Scheme but two ways Profits <=> Responsibility

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