Helbiz cryptocurrency (HBZ): course, features and prospects

Token overview

The decentralized Helbiz platform allows car owners and renters to interact using smart contracts, which reduces costs and makes rental profitable and convenient. For loyalty to the platform, users receive a reward in the form of the Helbiz cryptocurrency.

With the help of carsharing, users rent equipment from individuals or companies, discussing rental terms in advance. Participants can tokenize personal data and sell it to other companies. Smart contracts play an intermediary role, monitoring the fulfillment of obligations by system participants.

Principles of car sharing

The essence of the system is that using the Helbiz platform, each owner can rent out a car, and, if necessary, rent a vehicle from other network users. An important condition for car sharing is that one of the participants does not own a car.

Network services and transactions are entered into a common ledger. To rent out a vehicle, owners enter a single database and indicate the necessary information: car make, rental price, photo, etc. Then company employees install software and a lock on the car.

Payment for rent will be sent to electronic wallets Coin HBZ or other payment systems. Users are sent automatic notifications after each booking and return of the vehicle to the parking lot. The Helbiz blockchain platform eliminates the need for personal contact between the tenant and the owner.

Types of car sharing

Today there are three types of car sharing:

Fractional carsharing involves collective ownership of vehicles. Users chip in funds, buy cars or a fleet of vehicles, and run a joint business.
Peer- to- peer carsharing – the model involves renting cars that are privately owned. Owners can be individuals or organizations not associated with car rental. Private car rental is becoming increasingly popular. Today there are many specialized sites where everyone will find a suitable option: GET, AROUND, TURO. Russian-language versions are gradually appearing.
One- way carsharing – a car is rented for a short period of time and close distances. The model provides for per-minute or hourly payment. Cars are provided by car sharing companies, which enter into a user agreement and contract with the tenants. If booking is done online, users must reach the car within 20 minutes.

At this stage, car sharing is actively developing. Research conducted by Frost&Sullivan says that by 2020 the number of system users will exceed 15 million people.

Information about Helbiz cryptocurrency

Official site:
Social networks: Tweets by ‎
Number of tokens offered: 454,919,092 coins
Total tokens: 1,005,250,000 coins
Market capitalization as of May 23, 2018 is: $7,992,519 USD
You can buy on exchanges: , Coinhub, IDEX, Mercatox, Sistemkoin, Bitlish

Helbiz is a project to create a decentralized blockchain platform for renting vehicles. The platform will operate on the Ethereum blockchain and smart contracts. According to the project description, with the help of Helbiz it will be possible to rent and lease such types of transport as: motorcycles, bicycles or cars. Also on the platform it will be possible to sell your data and data about your vehicle and receive tokens for it.

The platform ecosystem will be based on its own Helbiz Coin (HBZ) token, which operates according to the ERC20 standard. The HBZ token will be the preferred means of payment on the Helbiz platform.

How will it work?

According to the project whitepaper, car rental will proceed as follows:

The user selects a vehicle through the Helbiz application;
After the user has chosen the most suitable option and is ready to rent it, the Helbiz platform checks his digital data, at the same time the digital data of the vehicle lessor will be checked;
Next, the user will need to select a tariff and rental period for the vehicle, as well as purchase an insurance policy that will cover the trip using smart contracts;
Once the terms are agreed upon and the smart contract is verified, the user's smartphone will have access to the digital key to the vehicle.

Briefly about the project concept

The Helbiz platform offers cooperation not only to customers, but also to other car sharing organizations, including insurance companies. The project opens access to private cars or entire fleets of vehicles in any corner of the world.

Helbiz is a holistic, customer-focused ecosystem. The platform not only brings users together, but also reduces costs and minimizes risks. By using the services of a blockchain platform, participants can rest assured that the use of the vehicle will be confidential. Intermediary services execute smart contracts.

Helbiz Coin Token

The developers came up with an internal token so that the coin could act as a means of payment for all transport services. In cryptocurrency, users receive payment for using transport. With the popularity of carsharing, the demand for Helbiz Coin is increasing.

Coin prospects

The platform is based on the Ethereum blockchain, but has an internal token. Over the current year, Helbiz Coin has lost ground. Today the coin rate is 0.00043702 USD, which is almost 100% less than the absolute maximum, which was recorded in May 2022 (0.04641483 USD). In terms of capitalization, the project ranks 1119th.

The Helbiz platform is at the very beginning of its development. Experts give good predictions about the future prospects of cryptocurrency. There are still many important points in the developers' plans that need to be implemented.

Considering the further development of the project, it is advisable to put several hundred coins in the investment portfolio. In order for your invested funds to bring profit, you need to regularly monitor the exchange rate and the latest news on the cryptocurrency market.

Cryptocurrency Helbiz (HBZ) - review and prospects

Greetings to all blog readers and partners! Today we will look at the new cryptocurrency Helbiz (HBZ) , which is essentially a token of the platform of the same name, which allows you to both rent and lease a vehicle. The creators of this platform decided to combine the concept of carsharing with blockchain technology. Car sharing is one of the trends in the sharing economy, namely a way of using a car in which one of the parties is not its owner. Clients can rent a vehicle at any time from specialized companies for frequent short trips, for example within the city, or work directly with individuals, agreeing to rent a car for any period or distance of travel. We’ll talk more about existing types of carsharing below, and the Helbiz startup will ensure interaction between car owners and clients based on smart contracts, allowing both parties to receive bonuses and rewards in the form of tokens for loyalty to the platform.

What types of car sharing exist?

At the moment, there are three types of carsharing:

One-way carsharing -

This is a car rental for a short period of time, which makes it possible to finish the trip in one of the places convenient for the driver, which are indicated by a parking sign. This model is usually used by car sharing companies and makes it possible to rent a car for trips around the city with a per-minute or hourly payment. In order to start using this service, you need to enter into an agreement with the company and agree to the terms and conditions of use. After this, you have the right to use one of the company’s cars available at that time at any time. Technically, this right is ensured through online booking of a vehicle, using a mobile application, as well as using a physical access card, for example with an RFID tag. In the case of online booking or through a mobile application, the user has about 20 minutes to get to the car, after which the parking tariff will begin to be charged.

Peer-to-peer carsharing

— in this rental model, cars that are privately owned or owned by organizations whose main activity is not related to car rental are used. All private car rental offers are usually collected on special online platforms. For example, the TURO and GET AROUND platforms are widely known in the USA, and recently their Russian analogues have begun to appear.

Fractional carsharing

— this model involves not only the sharing of a car, but also the so-called fractional ownership, that is, users cooperate in groups, buy and together maintain a car or a whole fleet of cars, possibly of different types.

Despite the fact that the sharing economy is a beneficial phenomenon for society, allowing some people to earn money and others to reduce their expenses, the industry is centralized, and existing intermediaries that make these services available to the masses often charge hefty fees. By the way, even though Turo or Get Around allow you to access a vehicle at any time and charge lower fees compared to traditional rental services, their overall fees can reach up to 20-25%.

The platform will offer the opportunity to rent or lease any vehicle with low fees.

In general, this is a dynamically developing market, the number of users of this type of service is constantly growing, although at the moment it represents a very small percentage of the population. However, Frost & Sullivan conducted a study according to which in 2020 the number of subscribers to car sharing services in Europe alone will grow many times and could exceed 15 million people, with the main growth occurring in large cities.

Helbiz Concept

Helbiz is a decentralized platform that combines this type of service and blockchain technology, providing direct (P2P) interaction between platform users using smart contracts. This will lead to an overall reduction in costs, making rentals more profitable, faster and more convenient. And vehicle owners will accordingly receive higher income. In addition, active users will be provided with various bonuses and rewards, which can be spent on purchasing other goods and services within the created ecosystem.

The platform will be focused on customers, increasing their satisfaction with the service, and will also be open to cooperation with other car sharing and related companies, including insurance companies. And it will be able to operate throughout the world, providing access to both private vehicles and entire fleets of cars, as well as other transport services. All services and transactions will be recorded in a distributed ledger.

To start renting out your car, you will need to add it to the database for free. You can do this directly from your computer or phone. You will need to fill in information about the model, availability, indicate the price at which you would like to rent the car, and also add a photo of it. After this, the company’s specialists will arrive at a convenient time and install a special lock and software on it. At this point, the process will be completed, and you will receive payment (in addition to Helbiz Coin directly, payments to wallets in popular payment systems will also be available) and notifications every time your car is booked, used and returned to the parking lot. There is no need to communicate and interact with other people.

Helbiz cryptocurrency forecast

The platform operates on the Ethereum blockchain and uses HelbizCoin (HBZ) tokens of the ERC-20 standard. There are 1,005,250,000 coins in total, the price per coin is currently $0.0076, and the total capitalization is just over $4.2 million.

Helbiz (HBZ) cryptocurrency price chart. At the start of trading, the price reached a peak that was 4 times higher than the current price.

The project's capitalization is currently very small, the project is not very widely promoted and known, that is, there is very much room for growth. Given its novelty and unusual concept, it is quite possible to add a small share of these coins to your investment portfolio. Expectations for growth of at least x10 if the developers' plans are gradually implemented. And at the moment there is no particular reason for a different scenario.

How to buy Helbiz (HBZ) cryptocurrency

Helbiz cryptocurrency for rubles , dollars , euros , hryvnia , bitcoins or Ethereum on the EXMO cryptocurrency exchange (website / review and instructions). After registering and replenishing your account on the exchange, you will need to go to the “Trading” section and select the appropriate trading pair, for example HBZ/USD, if you topped up your account on the exchange with dollars. If in rubles, hryvnias, euros, then right here you need to first buy either dollars, or bitcoins, or ethereum, and then buy Helbiz.

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