Bestay (BSY)

BSY is a platform based on the blockchain system, including B2B and B2C markets. It combines all businesses and related participants in the chain organization. Our goal is to build a strong ecosystem that provides fully furnished apartments and restaurant chains with the most attentive service, utility application named BESTAY.

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What is Bestay

Bestay (BSY) is a decentralized home-sharing platform. We are creating an ecosystem that guides IoT for a sharing economy. Our focus in the first phase will be on hotels and apartments for short-term rental, we are also dealing with peer-to-peer asset management. The platform takes advantage of advanced technologies from distributed and decentralized computing, blockchain, IoT and information and data system security. Providing an effective and automated solution in which hosts provide values and customers will be able to exchange values directly, efficiently and seamlessly. Therefore, Bestay can provide products of the same quality but at a lower price, while still controlling strict requirements: know your product (KYP) and know yours customers (KYC) before being accepted into Bestay system platform.

Bestay offers the following advantages over traditional home sharing platforms:

1. Empower users by allowing the community to adjust itself transparently.

2. Lower fees:

3. Trust provided by blockchain and smart contracts.

4. Advanced security features, no one can change the system or data easily.

5. Easy arbitration and dispute resolution in case of problems between guests and hosts.

6. One-stop solution directly for guests and hosts.

Blockchain fits perfectly with a sharing economy because it ensures reliable exchange of values among peers, which will make a big change to the home sharing market exclusively by Airbnb.

Bestay will be the first platform to have an existing service, apply blockchain. Bestay can emerge as a game changer to break Airbnb's monopoly in 2019.

Led by a team of domain experts, Bestay takes advantage of existing resources: server networks, lists, platforms and strategic partnerships. We will implement a strong platform and service. Starting from Vietnam and Indonesia, Bestay will target the Asian market and then expand globally.

Bestay will penetrate the global market with travelers cooperating with Airbnb superhosts.

Bestay serves as a global home sharing platform, which will account for 10% of the market by 2025. Bestay will participate in the hotel booking market with a market size of $500 billion to expand the Network of codes. Report BSY. After acquiring the core market in the home sharing market, Bestay will apply sharing services to take advantage of the blockchain experience.