Partnership between Civic and Rentality uses blockchain to enhance car rental security

From Investing.com
September 27, 2024 03:30 AM:

Civic and Rentality partner to enhance car rental security by verifying licenses and age on the blockchain. Users can easily rent a car through Rentality using the Civic ID Verification Pass, streamlining the process and enhancing trust between parties. The integration of blockchain in car rentals introduces a new standard for security and compliance.

The Civic ID Verification Pass allows users to virtually verify their driver’s license for car rentals, reducing friction and enhancing trust. This technology eliminates the need for physical verification, making the process more efficient and secure for both drivers and car owners. Users can pay with cryptocurrencies, and Rentality is currently operating in Miami with plans to expand to other regions.

Civic and Rentality aim to provide a secure and compliant verification solution for car rentals, ensuring the safety of drivers and cars while meeting regulatory requirements. By streamlining the rental process using blockchain technology, Rentality offers a decentralized marketplace for direct transactions between renters and owners, eliminating the need for multiple intermediaries and reducing costs for users. Rentality is currently available in Miami and will soon expand to other areas.

Read more at Investing.com: Civic, Rentality Verify Licenses and Age Onchain, Setting New Standard for Car Rental Security By Chainwire