Autorize

May 14, 2018

June 14, 2018

ICO Information

ICOs Description

The autorize protocol uses the power of blockchain technology to simplify, regulate, and automate the sharing of movable goods, paving the way for the next generation of sharing platforms. They are building a decentralized ecosystem that enables seamless and trustless sharing of movable goods like cars, yachts, or planes. The protocol supports a community of service providers (arbiters and event supporters) and end users (movable goods owners and renters). Effective community arbitration and growth is established through a system of reputation and rewards, with an economy based on the ATR token. Movable goods are digitalized using non-fungible tokens, which allows their use to be regulated with smart contracts. The autorize protocol runs on the Ethereum network and is accessed through an Application Program Interface (API) and a decentralized application (DAPP). Proof-of-concept was established with our prototype partner, FurlanTech Supercarshare. This use case demonstrates the value of autorize as a facilitator enabling super cars to easily be shared with confidence and without the need for trust.

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