Topic: TimeCoinProtocol - decentralized sharing economy protocol - page 31. (Read 8973 times)

Meet the team: Masato Kakamu, CEO

We believe that every project needs to have an innovative idea, but it takes a strong team to bring that idea to reality.

TimeCoinProtocol has both – a brilliant idea and a team of like-minded professionals who are building it to last. Today we would like to introduce to you our CEO — Masato Kakamu. In 2004 Masato Kakamu founded Globalway, which he successfully led to a listing on the Tokyo Stock Exchange in 2016. Prior to running his own business, Masato was involved in algorithm trading and risk management systems for UBS and Deutsche Bank. He helped to launch the Japanese subsidiary of webMethods (now Software AG), a US enterprise software company for large corporations.

Masato has already made significant accomplishments in sharing economy services, leading the TimeTicket business to grow further.

If you have questions for Masato, he will be more than happy to answer them in the project’s chat, or on his LinkedIn page https://www.linkedin.com/in/mkakamu/

https://www.timecoinprotocol.com/

How can TimeCoinProtocol change the market?

The modern sharing economy market has a number of issues that have been discussed numerous times, but still have no solutions.

First of all, the centralized sharing economy is dominated by a handful of key players such as Uber, Airbnb, WeWork, Upwork, and Fiverr. These are the companies that decide on the size of commission that users have to pay. Hidden costs, commissions and other fees tally up and can reach up to 30-40% from the cost of services for the end-user!

The second major issue is the fact that users cannot carry the creditworthiness they accrue with one service to another, forcing them to start afresh with each new platform they join. This stifles healthy competition and results in disaffected users staying with platforms out of necessity rather than desire.

Another problem is that of privacy (the issue of personal data collection and storage). To use the system you must register, and thus provide your data, which can later be stolen or transferred to third parties.

Several companies dominating the market stifles healthy competition — new players find it hard to enter the market.

A final, significant problem synonymous with sharing economy marketplaces concerns dispute resolution and the behavior of unscrupulous clients.

By implementing the TimeCoinProtocol project we want to transform the sharing economy market, making it more transparent, secure and convenient.
 
TimeCoinProtocol is designed to overcome the bottlenecks that currently prevent the sharing economy from realizing its full economic and social value. Particular attention has been given to the development of a sophisticated and robust reward system to ensure that value accrues to active contributors. Every user who contributes to the ecosystem will receive token rewards proportionate to the work that they have performed.

Visit our website to learn more: https://www.timecoinprotocol.com/