The Technology Behind CyClean’s Rental Service
Every rental service has a procedural guide for how it works. CyClean is no exception, and while we’ve introduced the rental procedure in the past, we wish to go deeper into the details today so that you have a better understanding. We think it’s important for you to know how something works. After all, you guys will be the ones using our product.
The CyClean system follows a seven-step guideline. Here’s how it works:
1. Rental request reaches CyClean rental service – upon confirmation, proceed to step 2
2. Smart contract opens
3. CyClean coin payment is made
4. Smart contract is formulated and closed
5. Proceed with rental phase
6. CyClean product is delivered or picked up
7. Manage the rental service with smart contract
In phase 1 of our rental service, you will access cycleanrental.com and submit a request. Once you are confirmed by our team, the smart contract opens, and you will be given an address to which you send the appropriate number of CyClean tokens. Next, you receive your product by pickup or delivery (with delivery, there is a delivery fee). You will be able to check the status of your rental when you log in to our page. While you are using the vehicle, you must pay monthly. You will be able to set up automatic payments. For your convenience. In phase 2, users will be able to access the vehicle directly with a mobile app. The rental procedure is the same as phase 1, the only difference being the mobile app.
One thing you must take note of is your vehicle will be automatically locked if a payment is delayed for more than 2 months. Also, there will be a fixed fiat price for renting a vehicle. So if the rental fee is 75 dollars and one CyClean token is 10 dollars, then you pay 7.5 CyClean tokens to rent the bike for a month. But if one CyClean token is 75 dollars, then you pay 1 CyClean token.
It is also important to note that the opportunity to rent CyClean products may be auctioned off with CyClean tokens, according to the laws of supply and demand.
How Tracking Works
You may be wondering how your distanced travelled is calculated.
First, we have our product like the one above.
We implant chips into our products. That allows us to track the distance travelled (or for other products, watts generated).
The product is connected to the CyClean server, which keeps a record of everything and ensures the correct payout of CyClean tokens.
You can tell that the CyClean team has designed a highly efficient and convenient process for renting. I think you’ll find it very easy to you once you try it out yourself! Visit our website and cycleanrental.com for more information on how you can join our ecosystem.
** For more information about CyClean, please visit our website at cyclean.io.
The CyClean system follows a seven-step guideline. Here’s how it works:
1. Rental request reaches CyClean rental service – upon confirmation, proceed to step 2
2. Smart contract opens
3. CyClean coin payment is made
4. Smart contract is formulated and closed
5. Proceed with rental phase
6. CyClean product is delivered or picked up
7. Manage the rental service with smart contract
In phase 1 of our rental service, you will access cycleanrental.com and submit a request. Once you are confirmed by our team, the smart contract opens, and you will be given an address to which you send the appropriate number of CyClean tokens. Next, you receive your product by pickup or delivery (with delivery, there is a delivery fee). You will be able to check the status of your rental when you log in to our page. While you are using the vehicle, you must pay monthly. You will be able to set up automatic payments. For your convenience. In phase 2, users will be able to access the vehicle directly with a mobile app. The rental procedure is the same as phase 1, the only difference being the mobile app.
One thing you must take note of is your vehicle will be automatically locked if a payment is delayed for more than 2 months. Also, there will be a fixed fiat price for renting a vehicle. So if the rental fee is 75 dollars and one CyClean token is 10 dollars, then you pay 7.5 CyClean tokens to rent the bike for a month. But if one CyClean token is 75 dollars, then you pay 1 CyClean token.
It is also important to note that the opportunity to rent CyClean products may be auctioned off with CyClean tokens, according to the laws of supply and demand.
How Tracking Works
You may be wondering how your distanced travelled is calculated.
First, we have our product like the one above.
We implant chips into our products. That allows us to track the distance travelled (or for other products, watts generated).
The product is connected to the CyClean server, which keeps a record of everything and ensures the correct payout of CyClean tokens.
You can tell that the CyClean team has designed a highly efficient and convenient process for renting. I think you’ll find it very easy to you once you try it out yourself! Visit our website and cycleanrental.com for more information on how you can join our ecosystem.
** For more information about CyClean, please visit our website at cyclean.io.
