Company Performance Metrics
Simon Jentzsch: Founder
Slock.it disrupts the billions dollar disruptors by enabling anyone to rent, sell or share their property without middleman. With Slock.it, the unused bicycle in the shed gets a new lease on life. Parking spots can be sublet on demand. Airbnb apartments become fully automated. Slock.it bridges the blockchain and the physical world by making smart
contracts enforceable: It's the future infrastructure of the Sharing Economy.
Build by members of team that raised $18.9m for Ethereum, Slock.it "simultaneously cracks the challenge of trusting strangers in the sharing economy while ripping up the rulebook for how those same platforms make their money" (source: Nesta)
Leveraging blockchain nodes embedded in connected cars, homes, shared white goods, etc, Slock.it strives to improve the experience of sharing items by:
- Making trusting the other party as unnecessary as possible
- Handling secure direct P2P payments
- Providing a mechanism of deposits, and eventually, full blown insurance
- Freeing the users from having to coordinate with each other to hand over keys
- Enabling both owners and renters to find each other
- Supporting almost any objects including cars, lockers, apartments, sheds, office space, etc.
And because it's build on top of the Ethereum blockchain, Slock.it is always on, suffers no downtime, features cryptographic security by default, requires no login or signup, and can be audited by anyone.
Slock.it is privately funded.
