RENC Sharing Platform: P2P Blockchain Cryptocurrency Token?

RENC is a blockchain project that works with interest in a shared vehicle, which can be available for resource sharing with each other on a mobile platform. The car-sharing model seeks to provide solutions to save the world from environmental and economic problems.

The platform works on the sharing of consensus for the interests of each other. The RENC group’s main aim is to make sure they contribute towards the mutual growth of humanity. RENC establishes and extends a sharing service that makes a paradigm shift in the sharing economy, thus ensuring all the consumers are safe. It minimizes risk by using the blockchain technology.

Problem Identified

The popular opinion is that most of the cryptocurrencies like Bitcoin are complicated in their use. While it has major volume of transactions, it has its own share of difficulties. Though there has been the emergence of cryptocurrencies in the recent years, people still fear cyber-attacks, fraud, hacking, and difficulty in using the cryptocurrencies. The uncertainty about loss, price volatility and regulation issues have hampered the adoption of cryptocurrencies fully by business people.

Solution Provided

The RENC platform seeks to extend a car-sharing service that makes a paradigm shift in the economy of sharing. Therefore, it ensures that all the users of the application are safe. The platform offers zero risk to the transactional proof, P2P settlement, and makes decentralized transactions through smart contracts. In the end, everything on the platform remains systematic.

RENC will solve the issues faced by cryptocurrency, which include price volatility, real-life usage restrictions, and fixed coin supply. The ultimate goal of the platform is to have an environment that is decentralized, thus streamlining millions of users.

RENC Platform Features

Low Instability

The platform is designed such that trading happens based on the forecasting of supply and demand, thus the transactions are secured in the daily payments that take place. In addition, the selected commodity exchange makes the transactions smart and convenient such that cryptocurrency can be used. In this process, instability can be greatly reduced.

Multifunctional Wallet

In the basic interface of the RENC platform, there are all the necessary functions and equipment in the world’s most famous markets in cryptography.

Integrated Market

The marketplace for the RENC platform is able to connect both service providers and consumers, thus help each other. The platform develops and communicates with users from every part of the world. There are users who have in the past have had to skip complex business at typical financial institutions that are ready and available.

Conclusion

RENC is a cryptocurrency platform that has ambitious plans and the founding team is trying their best to make it stable. There are also efforts to make it more global and to make it an easy-to-access encrypted currency. Since the release of the ICO, the RENC has been steadily riding, thus making it a platform to consider for your investments.

The first token pre-sale is scheduled to take place from September 25, 2018 while the crowdsale will take place in the first quarter of 2019.