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Development of a Peer-to-Peer Tool Rental Platform
  1. case
  2. Development of a Peer-to-Peer Tool Rental Platform

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Development of a Peer-to-Peer Tool Rental Platform

imaginovation.net
Hospitality & leisure

Challenges in Tool & Equipment Access

Accessing tools and equipment for short-term use is often inconvenient and costly. Traditional rental options are limited, expensive, or require ownership of infrequently used items, leading to resource waste. RUOS aims to solve this by creating a platform that connects those who have tools with those who need them.

About the Client

RUOS is a Florida-based luxury vacation rental company specializing in high-end properties and personalized guest experiences. They are seeking to expand their service offerings by facilitating access to tools and equipment for guests and local community members.

Project Goals

  • Develop a user-friendly platform for peer-to-peer tool and equipment rental.
  • Provide a secure and reliable marketplace for listing, browsing, and renting tools.
  • Facilitate seamless transactions and dispute resolution.
  • Enhance community engagement and foster resource sharing.
  • Reduce the cost and inconvenience of short-term tool usage for individuals and businesses.

Core System Functionalities

  • User registration and profiles (renters & lenders)
  • Tool/Equipment listing with detailed descriptions and images
  • Search and filtering capabilities for finding tools
  • In-app secure payment system
  • Rental agreement management
  • Dispute resolution mechanism
  • User ratings and reviews
  • Inspection process management
  • Equipment buyout option
  • Admin panel for platform management (listing approval, dispute handling, user management)

Technology Preferences

Flutter (Mobile App)
Express.js (Backend)
Firebase (Database)

External System Integrations

  • Payment Gateway (e.g., Stripe, PayPal)

Non-Functional Requirements

  • Scalability to accommodate a growing user base
  • High performance and responsiveness
  • Robust security measures to protect user data and financial transactions
  • Reliability and availability
  • User-friendly and intuitive interface

Expected Business Impact

The RUOS App is expected to create a new revenue stream for RUOS, enhance customer satisfaction by providing added value, and strengthen community relationships. The platform will reduce the need for costly equipment purchases and promote a more sustainable sharing economy. It is projected to achieve a 30% reduction in manual bookings and a 20% increase in booking conversion rates.

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