Car Sharing: Is It Fairly Valued?

Richard W
2 min readFeb 27, 2018

For those who don’t drive frequently, car sharing is the most useful service. You don’t need to think about car maintenance or monthly installment, but want to feel the personal experience of owning a car.

A few car sharing providers like Zipcar charge the customer a fixed application fee and annual fee. Then customers will be charged for hourly or monthly rates based on the plan they chose. For example, if you are planning on occasional driving, then Zipcar will charged you $25 application fee + $70 annual fee + Hourly rates per car usage, depending on the city. If you are using the car occasionally then why you should be charged annually?

Helbiz is decentralizing the sharing economy, ensuring lower prices for users and higher earning for car owners, while keeping the data safe and fully encrypted.

Helbiz works differently from other providers. It does not require you to pay application fee or annual fee. Helbiz will only charge the user based on the usage, nothing more. Though all users within the platform will be screened by security software and continuously checked by 3rd party to ensure the safety and security.

Helbiz is harnessing advanced cutting technologies to create exceedingly robust and capable peer-to-peer transportation platform. And it can be applied to various kind of vehicles. The system connects car owners, renters and service providers through an easy to use platform.

Another interesting feature is that Helbiz will only use HBZ coin on its platform. HBZ is a ERC-20 type cryptocurrency, created using blockchain technology to ensure transparent payment system. There will be no hacking attempts or stolen money since it is impossible to do as long as the user keep the HBZ coin in a secure wallet.

But don’t worry, you still can use other cryptocurrencies like Bitcoin or Ethereum and convert it to HBZ through Helbiz Mobility System without need to use external services (Coinbase, Binance, etc). In the future, users can also convert fiat money into HBZ coin. And this will increase mass adoption significantly.

Since Helbiz is a decentralized P2P service, most of the cost can be reduced and car sharing will be affordable to all.

Helbiz ICO will give anyone an early opportunity to purchase HBZ coin, which then can be used for the services. Learn more at https://Helbizcoin.io

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