At this point the project looks like it may be only interesting for big businesses who simply don't read BTT and twitter.
I'monly about to read the whitepaper in detail but I think it can fail the sale cause there are not a lot of people interested in such projects here
It is actually more personal-oriented than business-oriented.
At this point, there are two already developed ways of omitting security deposits suitable for personal use:
1. Guarantee instead of one at the moment your rent real estate (i.e. no need to pay 2-5 months worth of money during contract signing as a deposit)
2. Guarantee instead of deposits during car rental: most major companies hold a large down payment on your card which makes a lot of money practically useless, which is twice senseless hence in most cases car rentals are usually used by business or leisure travel and both those masses would better get some use for their money instead of just having them somewhere inaccessible.
So you mean for instance if I move to the UK (I guess you know their thingy about security deposits), I just pre-approve myself (my banking history whatsoever), you provide a guarantee for me, I don't ay the deposit and only pay way smaller monthly fee?
Absolutely! However, after we expand the operations to the UK.