TheiShare

TheiShare is building a platform for different types of digital locks. The platform provides sharing, rental, and sales capabilities. Anyone can start vending, rental or sharing business using the iShare locks.

For ex; Box infrastructure as a service. TheiShare is producing boxes with complete solution, businesses can rent these boxes. These boxes don’t need electricity or Wi-Fi so they can be placed anywhere. They can be used in following ways;
- Vending: place items in box with price. Consumer can buy the item by scanning QR code.
- Rental: place items in the box and with rental duration and price. Customer can rent items by scanning QR code.
- Click and collect: If retailer is offering click and collect then assign the unlocking rights to buyer and buyer can unlock the particular box by scanning QR code.

Business Model is based on box rent & platform fees: 10% per transaction