Vimba Construct Ltd: Connecting the construction industry, leveraging smart contracts, to make equipment rental easy, fast, reliable and trustworthy.

Vimba construction Ltd的项目是通过开发一个数字平台，将建筑公司与设备租赁公司连接起来，帮助提高建筑行业的生产力，使设备租赁变得简单、快速、可靠和值得信赖。共享经济平台（如Airbnb）和零工经济平台（如Uber）在消费领域取得了巨大成功，但这些技术尚未过渡到企业对企业的工业领域，如农业、采矿、石油和天然气以及建筑。试图将这些解决方案引入工业领域的初创公司通常处于非常早期的阶段，尚未证明工业用例的商业可扩展性。智能合约的目的是提供优于传统合同法的安全性，并降低与合同相关的交易成本。智能合约技术在通过航运业等供应链跟踪货物或文件方面取得了一些成功，但该技术尚未过渡到农业、采矿、石油和天然气以及建筑等工业部门。这些工业部门在采用新的数字技术方面通常非常缓慢，并且几十年来在其供应链中遵循许多相同的程序。这一领域的初创公司通常处于非常早期的阶段，尚未证明其在工业用例中的商业可扩展性。智能合约往往适用于加密货币，因为支付指令的执行是针对数字货币的。为了实现智能合约在工业部门的好处，由于这些部门在中期不太可能恢复到加密货币，因此需要创新的解决方案来将智能合约集成到第三方ERP系统中。几十年来，建筑行业的生产力一直落后于其他行业，在供应链管理、合同、合作和资产利用方面效率低下。该行业正面临越来越大的压力，需要采用数字技术和新的工作方式来提高生产率。为了满足这一需求，Vimba正在利用共享经济和智能合约技术开发一个数字平台，这将有助于提高设备租赁的生产率。它将通过降低采购设备的成本和时间、管理合同、支付供应商以及提高利用率来实现这一目标。

Vimba Construct Ltd's project is to help to improve the productivity of the construction industry by developing a digital platform to connect construction companies with equipment rental companies, to make equipment rental easy, fast, reliable and trustworthy.Sharing economy platforms such as Airbnb and gig economy platforms such as Uber have realised huge success in the consumer sectors, however these technologies have not yet transitioned to business-to-business industrial sectors such as agriculture, mining, oil and gas and construction. Startups that have attempted to bring these solutions to industrial sectors are generally at a very early stage and have not yet proven the commercial scalability for industrial use cases.The aim of smart contracts is to provide security that is superior to traditional contract law and to reduce transaction costs associated with contracting. Smart contracts technologies have had some success in tracking goods or documentation through supply chains such as in the shipping industry however the technology has not yet transitioned to industrial sectors such as agriculture, mining, oil and gas and construction. These industrial sectors have generally been very slow to adopt new digital technologies and have followed many of the same procedures in their supply chains for decades. Startups in this space are generally at a very early stage and have not yet proven the commercial scalability for industrial use cases.Smart contracts tend to work well for cryptocurrencies because the execution of payment instructions is for a digital currency. In order to realise the benefits of smart contracts in industrial sectors, since the sectors are highly unlikely to revert to cryptocurrencies in the medium term, innovative solutions are needed to integrate smart contracts into third party ERP systems.The construction sector has lagged in productivity compared with other sectors for decades and maintains significant inefficiencies in supply chain management, contracting, collaboration, and asset utilisation. The industry is under increasing pressure to adopt digital technologies and new ways of working to improve productivity. In order to respond to this need, Vimba is leveraging the sharing economy and smart contracts technology to develop a digital platform which will help to improve the productivity of equipment rental. It will do this by reducing the cost and time to source equipment, manage contracts, pay suppliers and by increasing utilisation.