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ICO Bizshake: The P2p Shearing Ecosystem Based On Neo Blockchain Tech

Discussion in 'Altcoins' started by zedzed, Sep 16, 2018.

  1. zedzed

    zedzed Grand Mod

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    IMG_20180916_135552_972.JPG-Bizshake: The P2p Shearing Ecosystem Based On Neo Blockchain Tech

    BizShake is building a complete ecosystem of dApps aimed at allowing and encouraging users to share their own properties,maximizing the value generated by
    their use and optimizing the assets allocation throughout the community itself.

    In a world of overproduction and overwhelming consumerism, many of us own too many things that don’t get used enough. Our project and the cooperative consumption mindset will help minimize costs for society at large.

    In order to achieve our goal, we're building multi-platform applications that will allow users to exchange the temporary usage right of a particular asset with economic benefits for each party, based on pre-exchange agreements. These multi- language
    applications will be available for both web and mobile devices (iOS and Android).

    Furthermore, other business owners can use our protocols to build their own applications based on their vertical market needs for certain asset classes, languages, geographic boundaries and user groups. Our own application, as well as other partners’applications developed within the BizShake ecosystem, will have the transactions, user authentication and other fundamental functionalities executed and settled by BizShake Smart Contracts based on the NEO Blockchain, of which will regulate the business interactions among users in a transparent and trustworthy way.


    IMG_20180916_135256_628.JPG-Bizshake: The P2p Shearing Ecosystem Based On Neo Blockchain Tech

    We strongly believe that the practice of sharing access rights of assets among the community will positively improve people’s social responsibility while helping achieve a better living standard for all. BizShake will build the foundation of this new market paradigm based on shared community access to assets while being able to achieve economic benefit in various forms.


    To bring a better life through innovative technology and a business model based on a decentralized P2P sharing ecosystem.In other words, to implement Sharing Economy 2.0 through P2P transactions without intermediary costs for trust provision, based on the Blockchain technology, greatly reducing transaction fees for users.


    IMG_20180916_135237_422.JPG-Bizshake: The P2p Shearing Ecosystem Based On Neo Blockchain Tech

    Our vision revolves around the following components:

    1. Blockchain

    Blockchain technology will primarily benefit our project in 2 ways:

    Allow us to cut all intermediaries in the renting/pawning process as well as in the payment process.

    Introduce the transparency and trust needed to relay the safety of the renting/pawning process, therefore reducing (if not eliminating) frauds.

    2. NEO Blockchain

    After an in-depth analysis of the various Blockchain platforms, BizShake decided to create its ecosystem on NEO Blockchain. The NEO Blockchain has been chosen because it is the only one that offers the following
    advantages among the few complete Smart Contract platforms that are currently available:

    • Scalability: already capable of executing more than 1,000 TPS (transactions per second) Vs. 15 TPS on Ethereum Blockchain. NEO also projected the ability to handle 100,000 TPS by 2020;

    • The cryptography algorithm achieved by the NEO Blockchain is already Quantum Proof, which means there won’t be a need to update or introduce a new algorithm in the future;

    • NEO executes its block generation algorithm based on dBFT (delegated Byzantine Fault Tolerance). This algorithm creates a base for a consistent creation of new blocks on the Blockchain without the need for mining (PoW, Proof of Work). BizShake favorably welcome the dBFT for its low impact on the

    • NEO is actively working on Digital Identity implementation and is extremely compliant with Government Blockchain regulations. This is very important for the BizShake projects as it will build even
    better trust among the users of the BizShake ecosystem applications.

    IMG_20180916_135158_538.JPG-Bizshake: The P2p Shearing Ecosystem Based On Neo Blockchain Tech

    “BizShake favorably decided to implement the ecosystem on the NEO Blockchain for its Scalability, Quantum Proof Algorithm, dBFT and Digital Identity implementation.”

    3. User Identification and Credibility Level:

    BizShake will fulfill a specific AI algorithm that will calculate user’s level of credibility based on past transactions in which the user was engaged in the dAPPs of BizShake ecosystem, as well as external IDV
    (Identification Verification) services available on the NEO Blockchain, including but not limited to Government data, insurance and financial companies, social networks, etc. The impact of the Credibility Level on various types of transaction will be explained in the following sections of this Whitepaper.

    Taking advantage of the data coming from the different data providers, BizShake will overcome the frustration first-time users might face having to build a credibility level on each new platform they join. BizShake will
    exploit the full advantage of all the data that can be provided by external sources, as well as providing data collected on the user credibility across other dAPPs, allowing the user to enjoy the same credibility level, without any additional effort, on all the different NEO Blockchain dAPPs that will partner BizShake.

    “BizShake will implement specific AI algorithm to calculate user’s profile, ID and level of credibility, through the multitude of data from BizShake dAPPs and external sources available on the NEO Blockchain. An individual's Credibility Level can be shared with other dAPPs that are partners of BizShake under users’ consensus.”

    4. Profiling for User Experience Improvement:

    BizShake will use all the information gathered from any available source, after explicit user approval, not only to enhance the calculation of the Credibility Level but also to improve the User Experience, helping the user to find new opportunities that can be of his/her real interests and needs.

    5. Peer-to-Peer communications and Sub-communities:

    BizShake will apply P2P dialogue functions and allow users to create sub- communities based on specific requirements they set to involve other users in this community. Transactions between members of the same sub- community can enjoy specific terms and conditions that will be decided by the community members. We will encourage users to create virtual communities of users with same interests, location or other specific features and boost our business concept.

    We have seen a proliferation of consumption models in which access is enabled through sharing or pooling of resources redefined through technology and peer communities. Instead of buying and owning things, consumers are more and more opting for access to goods, paying for the experience of various forms of sharing. This market paradigm is known as “Cooperative Consumption”. A PwC study has also
    given some evident figures to explain the market potential of peer to peer, access-driven business, according to their survey with consumer panelists.


    IMG_20180916_135310_956.JPG-Bizshake: The P2p Shearing Ecosystem Based On Neo Blockchain Tech

    BizShake is going to release an application that will be available on Web and on Mobile platforms (iOS and Android). This application will have two different but
    complementary business models that will work independently from each other. We strongly believe that most of our users will take advantage of the different peculiarities of each model in order to achieve the highest benefit in any possible use case scenarios. The application will initially be available in English and Chinese(Mandarin); other languages will be available shortly after.


    IMG_20180916_135143_331.JPG-Bizshake: The P2p Shearing Ecosystem Based On Neo Blockchain Tech

    IMG_20180916_135125_637.JPG-Bizshake: The P2p Shearing Ecosystem Based On Neo Blockchain Tech

    IMG_20180916_135057_181.JPG-Bizshake: The P2p Shearing Ecosystem Based On Neo Blockchain Tech

    IMG_20180916_135024_941.JPG-Bizshake: The P2p Shearing Ecosystem Based On Neo Blockchain Tech


    Website: BizShake

    White paper:

    Twitter: BizShake (@BizShake_ico) on Twitter

    Medium: BizShake – Medium

    Telegram: BizShake Official

    Facebook: BizShake


    Bounty0x Username: zedzed2
    Last edited: Sep 16, 2018
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