ivault is a next-generation, Web3 lifestyle application developed by ivault AG, designed to promote sustainable living by enabling users to share, earn, and connect within their local communities.
About the App:
• Developer: ivault AG, headquartered in Thalwil, Switzerland.
• Platforms: Available for both Android and iOS devices.
• Android Version: 2.8.1
• iOS Version: 17+
• Download Size: Varies with device.
• Release Date: The app was released in 2023.
How It Works:
ivault operates as a peer-to-peer (P2P) marketplace where users can lend, rent, or sell items they own but aren't currently using. This system encourages sustainable consumption by promoting the sharing of goods within local communities. Users can list items on the platform, set terms for lending or renting, and connect with others interested in borrowing or renting these items. The app leverages blockchain technology to ensure data privacy and security, giving users control over their personal information.
App Features:
• Data Privacy & Security: Users maintain control over their data, which is protected through blockchain technology, ensuring it remains private and secure.
• P2P Marketplace: Facilitates the lending, renting, or selling of items, allowing users to earn extra income from underutilized possessions.
• Local Groups: Enables users to connect with like-minded individuals in their vicinity, fostering community engagement and support.
• Rewards for Sustainable Actions: Encourages eco-friendly behavior by awarding points, tokens, and other rewards for sustainable activities.
• User Verification: Employs rigorous verification processes, including government ID and Know Your Customer (KYC) protocols, to confirm user identities, enhancing trust within the community.
• Item Verification: Offers verification levels (Bronze, Silver, Gold) for listed items, providing added trust and transparency in transactions.
• Privacy Controls: Allows users to decide the extent of information they wish to share, ensuring personal privacy preferences are respected.
• Secure Transactions: Implements robust security measures to protect data and prevent fraud, ensuring safe interactions within the app.
By integrating these features, ivault aims to create a secure and efficient platform that promotes sustainable living through the sharing economy, all while safeguarding user privacy and fostering community connections.
