BOB'S REPAIR- CREATING TRANSPARENT SMART CONTRACTOR-SMART CONTRACT FOR CUSTOMERS
INTRODUCTION
Bob’s Repair
has brought on board an innovative idea which applies blockchain technology to reach consumers
for home repairs. This idea connects consumers to contractors directly.
A detailed analysis conducted by experts and the team of Bob’s repair postulates that most people who have ever hired a contractor in recent years for
home repairs have faced three big problems. In view of this Bob's repair seeks to address these problems by applying all the experiences they have gained from the running of similar project through smart SMS, but this time its gonna be through blockchain.
1. False information due to review fraud
Consumers finds it difficult to identify and trust online reviews. Review frauds happen in various of ways. The competitiveness of the home repair services makes most companies to artificially induce inflate or increase their overall ratings by purchasing fake reviews and paying for the removal of negative reviews. Companies also artificially deflate the ratings of their competitors by purchasing fake negative criticisms or reviews on their credentials. As a result, consumers can no longer trust search listings, such as local Google recommendations, HomeAdvisor, and Yelp. Without legitimacy of reviews, consumers tend to wrong make choices, which leads to hiring the contractor with the most advanced fraud practices as opposed to the best service or pricing. I am pretty sure you are beginning to understand things better.
Consumers finds it difficult to identify and trust online reviews. Review frauds happen in various of ways. The competitiveness of the home repair services makes most companies to artificially induce inflate or increase their overall ratings by purchasing fake reviews and paying for the removal of negative reviews. Companies also artificially deflate the ratings of their competitors by purchasing fake negative criticisms or reviews on their credentials. As a result, consumers can no longer trust search listings, such as local Google recommendations, HomeAdvisor, and Yelp. Without legitimacy of reviews, consumers tend to wrong make choices, which leads to hiring the contractor with the most advanced fraud practices as opposed to the best service or pricing. I am pretty sure you are beginning to understand things better.
2. Hidden costs due to advertising fees
According to theeir analysis, Contractors spend quite larger sums of money for advertisements on their website and to compensate for the money invested in these advertisements, consumers are made to pay too much for skilled trade services which results in higher prices.
According to theeir analysis, Contractors spend quite larger sums of money for advertisements on their website and to compensate for the money invested in these advertisements, consumers are made to pay too much for skilled trade services which results in higher prices.
3. Inflated prices due to lack of pricing transparency
There is also lack of transparency in the pricing system. It is rather unfortunate that these blindness in pricing prevents consumers from knowing the actual costs of the services they purchase, which results in unfair pricing. The consumer only sees the cost of a skilled trade service on the website but has no idea of how the price was generated. How much was charged for items to be used in the service? How much for labour. Open HERE to assess Whitepaper
There is also lack of transparency in the pricing system. It is rather unfortunate that these blindness in pricing prevents consumers from knowing the actual costs of the services they purchase, which results in unfair pricing. The consumer only sees the cost of a skilled trade service on the website but has no idea of how the price was generated. How much was charged for items to be used in the service? How much for labour. Open HERE to assess Whitepaper
To solve these problems listed and explained above, Bob’s Repair are dedicated to build the Bob Application using the STEEM blockchain.
The Bob Application will operate on iOS, Android, and
web application. The Bob Application will inculcate blockchain technology
to combat review fraud. Their intentions for choosing STEEM blockchain
technology for Bob Application is because the STEEM blockchain has;
- three second transaction time and,
- no transaction costs is required.
The
Bob Application will store all financial transactions that take place
on Bob’s Repair on the blockchain. Then, when both sides of a
transaction — consumer and contractor — leave a review, Bob’s Repair
will link that review to the actual financial transaction. By linking
reviews with actual financial transactions, consumers can trust that the
review is real and unaltered. Real reviews, from real consumers,
provides better information so consumers can make better decisions. The
Bob Application will not have advertising from contractors. As a result,
contractors will not pass on advertising costs to consumers.
Contractors cannot buy visibility on Bob’s Repair through advertising.
Rather, due to the functions of upvoting, flagging posts, and user
reputation on the STEEM blockchain, visibility is governed by merit. For
instance, if a contractor has more verified positive reviews, then that
contractor will have a more significant presence. This structure will
eliminate hidden advertising costs. The Bob Application will have
transparent pricing. Each review on the app will provide the cost of the
service, broken into the material and labor costs. Consumers will be
able to easily search reviews to determine the actual material and labor
costs for a certain service. This transparency will drive down prices
and eliminate inflated costs from fraud reviews. Visit the website; https://www.bobsrepair.com/
THE PLAN
Bob’s Repairs will carry the word worldwide to sensitize consumers on the new trend of innovative service. Bob’s Repair has already enlisted the services of blockchain experts and experienced software engineers to build the App. Bob’s Repair has planned to lay the message by means of utilizing the 50,000 person customer base from the Skilled Trade Workers Pplatform through the blockchain, the cryptocurrency community, and on social media. Bob’s Repair has the confidence that creating awareness will lead to the growth of the project and business. Contractors will respond to the benefits of the platform, like higher take-home pay and more control of their schedule. Likewise, consumers will flock to the trustworthy reviews, lower prices, and better service. This will result in a thriving decentralized network of contractors and consumers.
TOKEN SALES
Bob’s
Repair Development Association, Ltd., will conduct the BOB token sale and issue
BOB
Tokens.
The BOB token sale will use smart contracts. A BOB Token is an ERC20 token. The
BOB token sale will consist of two rounds: Pre-Sale and Main Token Sale. After
both rounds are finished, the BOB Token will be published on the Ethereum
mainnet.
- A purchasers must visit Bob’s repairs website at www.bobsrepair.com follow the steps
- Fill a Know your customer (KYC) form Complete an Anti-Money Laundering (AML) form
- Provide your ETH that you want to use in purchasing BOB Tokens.
- You can make payment by using the following cryptocurrencies; (BTC, ETH, LTC, DASH) or fiat money.
LINKS TO BOB'S REPAIR
website : https://www.bobsrepair.com/
whitepaper: https://www.bobsrepair.com/#documentation-sec
ICO : https://tokensale.bobsrepair.com/
Telegram: https://t.me/bobtoken
Authorship
Bitcointalk Username: sergio444
Forum url
website : https://www.bobsrepair.com/
whitepaper: https://www.bobsrepair.com/#documentation-sec
ICO : https://tokensale.bobsrepair.com/
Telegram: https://t.me/bobtoken
Authorship
Bitcointalk Username: sergio444
Forum url
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