fobbr is all about renting wheels direct from vehicle owners, using blockchain technology linked with a smartphone app and a remote vehicle unlocking capability, a new decentralized token, fobbrCoin and Cloud servers. The whole ecosystem is to be built from the ground up by smart fobbr techies. This will include a complex peer-to-peer service using a smart contract, automatically generated for each rental and insurance will be offered based on the actual rental period and data collected about the renter.
It's smart in so many ways. Firstly, it drives down the cost of car rental. Secondly, while still retaining the ability to pay with fiat currencies high as well fobbrCoins, by using blockchain technology, there are no cross-border currency problems and transaction rates and thirdly, the data you generate is owned by you and can be sold on for a price, should you wish to do so. Your data belongs to you. fobbr will be everywhere. On every corner, in every neighborhood, on every parking lot or at every airport.
Vehicle rental is still a market riddled with inefficiencies. It used to be hotels, hence AirBnB; it used to be Black cabs, hence Uber and now its Vehicle Rental, introducing fobbr. In every successive launch there are additional “add-on” benefits which are discussed in detail in our whitepaper. But this is the way the worldis going, and we would like you to join us. If you are interested please fill in the form below.