Peer to Peer renting
A future decentralised rental platform integrates Pingify as its identity layer for physical items. To participate, owners update their Pingify NFT metadata with standardised format including item category (e.g. “camping gear”), availability status, and a location area. Owners register their items by invoking the platform’s smart contract with the NFT’s token ID. The contract verifies ownership and fetches the metadata directly from the NFT, ensuring consistency and authenticity. Prospective renters browse listed items and, upon finding a match, initiate contact with the owner via the encrypted messaging channel integrated in the Pingify App. Rental payments and deposits are handled on-chain using the rental platform.
This demonstrates a use case of a trust-less, interoperable rental network where identity, communication, and transaction logic are all decentralised and enabled through digital NFT identities.