BOB’S REPAIR : SMART CONTRACS, SMART CONTRACTORS

Maret 17, 2018

History

Over the past three years, the founders of Bob’s Repair successfully operated an automated SMS platform that directly connected costumers to contractors, transacting over $1,000,000 in revenue and faciliting over 50,000 service calls. Despite this success, the founders recognized that their SMS platform could not solve the three major problems facing consumers and contractors in the skilled trade industry. The three main problems are :

One,review fraud
Two,advertising fees
Three,pricing transparency

The Solution

To solve review fraud, advertising fees and pricing transparency, Bob’s Repair will build the Bob Application on the STEEM Blockchain. The Bob Application will consist of a sophisticated iOS,Android and web application.

Then, when both side of transaction-customers and contractor-leave a review Bob’s Repair will link that review to the actual financial transaction. By linking reviews with actual financial transactions, consumers can trust that the review is real and unaltered. Real reviews from real consumers, provides better information so consumers can make better decisions.

The Bob Application will not have advertising from contractors. As a result, contractors will not pass on advertising costs to costumers. Contractors cannot buy visibility on Bob’s Repair through advertising. Rather,due to the function of upvoting, flagging posts,and user reputation on the STEEM blockchain visibility is governed by merit. For instance, if a contractor has more verified positive reviews,then that contractor will have a more significant presence The structure will eliminate hidden advertising costs.

The Bob Application will have transparent pricing. Each review will provide the cost of the service broken into the material and labor costs. Consumers will be able easily search reviews to determine the actual material and labor costs for certain service. This transparency will drive down prices and fight inflated costs.

Bob’s Repair is a new breakthrough or innovation in the world of cryptocurability which Bob’s Repai is used for eliminating review fraud with trusted transaction between home owners and contractors. We are leveraging the Blockchain to enable trusted transactions between home owners and repair contractors. If you curious and interested about this project, please visit Bob’s Repair website http://bobsrepair.com/

Bob’s Repair Mission

Bob’s Repair’s mission is to completely eliminate fraud and intermediaries in the industry, bringing all consumers direct and low prices, transparency and a peace of mind when searching for a contractor.

What is Bob’s Repair?

Bob’s Repair is raising funds by issuing ERC20 tokens called BOB tokens. The company will share 50 percent of its profits to token holders by purchasing BOB Tokens every quarter on the open market and burning them, ensuring that the value of the BOB token increases over time.This burning process is equivalent to providing quarterly buyback and reinvestment dividends.Bob’s Token as a security in compliance with SEC regulations Toensure regulatory compliance,Bob’s Repair has engaged counsel experienced with SEC regulations and international finance.

Mision

Bob’s Repair mission is to eliminate fraud and intermediaries in the skilled trade industry, bringing consumers low prices, transparency and a peace of mind when searching for a contractor.

The Benefits

The business model and automated process benefitted both contractors and customers. The low-cost business model led to lower prices for customers and higher profitability for contractors. The automated process also led to lower prices and better scalability. For instance, due to the STWP, a single full-time employee could manage more than 200 contractors at a time and the company could rely on a lower-cost location-independent workforce.

Growth of call and message volume handled by the STWP from July 2015 to April 2017.

How Does Bob’s Repair Work?

The application will be built on the STEEM blockchain because of the three-second transaction time and no transaction fees The Bob application will keep all financial transactions underway Bob’s improvements on the blockchain. Then, when both sides of the transaction — the consumer and the contractor leave a review, Bob’s Improvements will link the review to the actual financial transaction. By linking reviews with actual financial transactions, consumers can trust that the review is real and unchanged. Bob’s app will consist of iOS, Android, and sophisticated web apps.