RENC Sharing Platform

What is RENC Sharing Platform

Conceptually, the crypto currency (the encryption currency is an inaccurate representation, in this document referred to as the encryption currency) and the block chain technology are revolutionary. However, if it is a problem, it is still an early development stage. If the crypto currency market becomes more popular and popularized in the future, it is expected that there is a potential for new projects and growth especially in the rental service market that broadens the choices of consumers as well as the general trading market. It is a very attractive item for startups and investors.

While the crypto currency market is still not well understood, it simplifies complex transaction methods (such as solving security problems and authentication methods), and distributes transactions and contracts and payment methods resulting from these. We believe that the use of encryption technology will increase.

Accordingly, the success of the crypto currency market based on the block chain technology depends on popularization due to the expansion of the base, which guarantees the accuracy, stability, and convenience of transactions. In consideration of this market value, The need for decentralized block-chain technology has emerged to create a public encryption currency that can be used to facilitate a variety of transactions in the rental service market, and to enable them to be used anytime, anywhere.

For this purpose, RentalCurrency (RENC) Coin is a specialized block-chain research community group located in Seoul and Singapore, group of researchers who develops rental services that can provide services by improving the lives of consumers, We have developed a platform to meet our needs and are constantly upgrading to create a credible currency that everyone can trust. Such a block-chain platform is basically based on ethereum block chain technology, and smart contract function is basically configured to secure stability according to consumption patterns and transactions of various consumers, and the solidity programming language.

RENC can be stored, used and traded through a decentralized, block-chained e-wallet and encrypted currency exchange service so that it can have a stabilized exchange rate. RENC can be used by anyone who is professional or nonprofessional to extract and trade the assets of RENC encryption currency, to promote all the rental service transactions around the world, to accumulate asset value and to provide convenience and benefit to distribute anytime and anywhere It will be the main means of equipping.

The RentalCurrency platform builds and delivers a global, decentralized network of mutual benefits for all users, and simplicity, security, cost savings, speed, and reliability are key. To achieve this goal, the RENC crypto currency Platform opens all the sources to be used by anyone interested in the market to maintain a secure wallet, unified exchange system, and stable exchange rate from the time of design. Building trust in these RENC crypto currencies is of paramount importance. Through the following plans, we want to explain the essential features of the system, including the platform structure and usage rules. We will also look at the future of the platform, and look at the planned additional features and features, as well as the potential benefits of innovative technology.

The Need for RENC

To follow the original vision of Satoshi, Bitcoin required a lot of users. However, although Bitcoin and other major crypto currencies have a large volume of transactions, their use is complicated, allowing users and operators to easily search and integrate encryption and currency technology There are a lot of difficulties. According to most opinions, bit coin and other key crypto currencies are usually unstable and risky. As a result, it is not attractive to users who need to trade every day.

Although the new black chain technology and crypto currencies have emerged in recent years, nothing has yet been successfully popularized. Examples include negative images, predicted bubbles, fraud and complex interfaces. In addition, hacking and cyber attacks on exchange platforms have added uncertainty to this new technology.

For whatever reason, retailers and service providers are not officially adopting transaction methods because of uncertainty about loss, price volatility, regulatory issues, etc. during the exchange of crypto currencies. In addition to lack of management, marketing, and financial skills, this uncertainty is a reason why developers and users are unable to add the capabilities needed for encrypted currency technology or scale up globally.

Although crypto currency has the potential to be recognized as a global transaction method, it is still a matter of concern. Many investors use crypto currencies to earn quick returns, so prices fluctuate widely and the accessibility to the public is still low, requiring stable currency prices. As a result, only a steady stream of crypto currency will allow daily users and retailers to benefit from the block chain and reduce rapidly changing currency value losses.

In real life, people buy, sell, and communicate necessary products. The RentalCurrency (RENC) platform provides an integrated marketplace for communities, operators and users to communicate and connect. Service providers and operators can promote and expand their products and services and enable users to easily find and purchase the products and services they want.