Helbiz is a peer-to-peer marketplace that makes renting a car, motorcycle or bicycle convenient, affordable and profitable.

Helbiz combines the familiar car-sharing approach in the transport sector with Blockchain technology. Soon our mobility ecosystem will provide access to individual vehicles, as well as to vehicle fleets and other transport services.


Helbiz will become the first company to accept HelbizCoin and use the Helbiz Mobility System, a platform that will be open to other companies interested in mobility-related services (for example, insurance companies) and ready to join the Blockchain revolution by using data and building dApps (decentralized applications) on top of the Helbiz Mobility System.

HelbizCoin is an ERC20 token whose goal is to become the preferred method of paying for transport services through the Ethereum blockchain and of accessing the ecosystem of services provided by the Helbiz Mobility System.

The adoption of cryptocurrencies will affect how we access mobility services in the future, and HelbizCoin is ready to play a leading role in this new era of transport and the sharing economy.

Introduction

Helbiz is a fully integrated mobility ecosystem with a customer-oriented approach, consisting of Helbiz, a peer-to-peer vehicle-sharing application, and the Helbiz Mobility System, a platform on the Ethereum blockchain open to other companies interested in mobility-related services that use blockchain technology (for example, insurance companies), based on the native HelbizCoin (HBZ). Helbiz will become the first company to accept HelbizCoin and use the Helbiz Mobility System, aiming to combine the familiar car-sharing approach in the transport sector with Blockchain technology. Our mobility ecosystem will soon provide access to individual vehicles, vehicle fleets and other transport services, as well as control over data sharing. Blockchain technology makes it possible to register all the services provided through the platform, and transactions between owners, operators and external service providers are automatically processed through a single usage-based origin payment system.

The most important technology giants of the sharing economy, Uber and Airbnb, are often cited as examples of the sharing economy, but it can be argued that they are not entirely decentralized platforms. The exact definition of a sharing-economy ecosystem would be one in which technology allows people and companies to share their resources and data and, if they wish, to receive a corresponding payment. The Helbiz platform will allow all stakeholders to receive fair compensation for their contribution to the mobility ecosystem, since Blockchain technology will make it possible to verify each individual contribution, whether it comes from corporate governance bodies or an individual person.

Imagine that you can benefit not only from sharing a car, but also from your driving data. Imagine that you receive rewards not only from renting out your car, but also from all the data you create and share. Imagine that you can spend such rewards on travel and services. Imagine that this data is used to further improve mobility services. The application of this technology will change the future of mobility and data sharing, and create a fairer and more transparent process. For example, when renting a vehicle, insurance considerations are taken into account in the smart contract, payments are based on usage and accounting, and Helbiz allows you to receive rewards for both the goods and the data you share.

Application

The sharing economy means a new socio-economic phenomenon that gives people the opportunity to provide mutual access to personal goods and services. However, even though the sharing economy is based on a peer-to-peer model, there are intermediaries who charge fairly high fees for facilitating transactions.

While the sharing economy has been extremely beneficial to society, allowing individuals to supplement their incomes and reducing costs for consumers, the industry is governed by centralized platforms that act as authorities and charge significant facilitation fees.

Today, existing peer-to-peer rental markets such as Turo or Get Around allow customers to rent a car at a much lower price compared to standard rental services such as Avis and Hertz. These platforms work on a fairly simple principle: on the one hand, car owners can agree to share their cars, thereby earning money. On the other hand, consumers can instantly rent a car, saving money compared to traditional rental services. Current players claim they are "changing the car-sharing economy". The catch is that vehicle owners still have to give up a significant amount of economic value; in fact, owners usually receive 75% of the amount paid by renters.

Imagine a future where control of personal data is returned to the specific user, ensuring full confidentiality, and the user is given the ability to sell it to third parties using Helbiz as a platform. Monetization is no longer limited to physical assets or services. In turn, you receive rewards not only for renting out your car, but also for you or someone else driving your car, all thanks to the data you create.

Imagine that you can spend such rewards on travel and services. Imagine that this data is used to further improve mobility services. The application of this technology will change the future of mobility and data sharing and create a fairer and more transparent process, in which control of personal information and data is placed in the hands of the person who creates it, rather than the corporation providing the service.

Blockchain-based sharing of cars and data

Today's blockchain revolution can minimize the traditional transaction fees of ride-sharing. By moving the sharing economy onto a decentralized Blockchain network, we democratize the platform for the benefit of the ecosystem's active contributors. Currently, centralized sharing-economy platforms have two key roles in sustaining the sharing economy:

• 1. They connect buyers and sellers through a technology platform;
  
• 2. They provide a secure, trusted environment for the end user.
  

Benefit

Blockchain technology has the potential to reduce the transaction and trust costs that prevent car owners from monetizing their vehicles and driving data. Helbiz aims to create value by automating three key areas:

• 1. Shared ownership of vehicles;
  
• 2. Services related to the use of the vehicle;
  
• 3. All the data obtained from the use of the car.