The Use of Blockchain Technology in AllSporter

TSMGobal

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Sep 26, 2017
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AllSporter is a first decentralised peer-to-peer marketplace, where sports enthusiasts can book training, rent equipment or monetise personal data. Within the AllSporter community, sports enthusiasts can find the best trainers in their location, sign up for sports events/trainings, rent sports equipment and monetise their personal data, collected during trainings.

Pay Fewer Fees
AllSporter is a peer to peer application that doesn’t require middlemen, which means fewer fees & no restrictions. The decentralisation helps AllSporter connect trainers and trainees with lower cost than the competition and provides more ease of use for users and more profitability for trainers and lessors of sports equipment.

Flexible Terms
Removing intermediaries eliminates the need to accept third-party terms and conditions.

Decentralised marketplaces allow to specify their own terms and offer more opportunities for users for the best deal.

Decentralised database
Blockchain data storing on AllSporter enables instant access to any data needed at any moment: data is stored in a way that prevents any tampering (shreds of data, held on many different storages) and is much more secure and scalable. This method of storing data allows it to be held in a couple different storages, for much easier verification when needed and opens the possibility of access to many different databases through one entryway — a smart contract, which ensures privacy. Data is distributed across the network instead of storing it in a central database. Every person is able to share their health and fitness data and in return get AllSporter Coins.

Transparency is in the Blockchain Technology’s DNA
Blockchain marketplaces offer an immutable and time-stamped verification of every single transaction ever made. This approach makes transactions easily traceable and also prevents double charges, fraud, abuse, and any other type of manipulation. By using digital currency — AllSporter Coin (ALL), trainers and users don’t need to trust anybody with taking payments on their behalf, as payments are transacted directly between the trainer and the trainees or renters and lessors.

Smart Contracts
Smart contracts are the final piece of the puzzle in completely removing third parties and achieving a true peer-to-peer model. Smart contracts are unbreakable and reliable and allow seamless exchange of data between two peers, using the contract.

AllSporter vs Traditional marketplaces



Conclusion
The blockchain technology offers marketplaces new opportunities for payments, privacy, transparency, security, and agreements. Blockchain technology is the future of the modern mrketplaces.

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Web: https://allsporter.com/
Telegram: t.me/allsporter_ICO
Facebook: https://web.facebook.com/allsporter/
Twitter: @allsporterapp
LinkedIn: https://www.linkedin.com/company/allsporter/
Email: ico@allsporter.com
 
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TSMGobal

Member
Sep 26, 2017
44
1
www.tsm.global
Our Smart Contract advisor - Marek Kirejczyk, explains the uses of blockchain in his presentation during TEDxLazarskiUniversity event at the beginning of July this year.

Check out his whole presentation on Youtube:

 

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