Re-rent ledger for rental firms
Hypothetical. Not a client, not a result.
// The problem
Rental companies re-rent units to each other when they are short, and settle hours, damage and fuel at month end from each other's paperwork, with disputes on both sides.
// What we would build
A shared record of each re-rented unit's hours, location, condition photos and charges on a private permissioned ledger that each participating rental company runs a node of, fed by GPS and telematics, so settlement starts from one record. If one company is trusted to keep the books for all, a shared database is cheaper, and we will say so.
// What is in it
- Re-rents requested, accepted and recorded with unit, rate and dates
- Hours and location from GPS and telematics, recorded as they arrive
- Condition photos at handover and return, fingerprinted on the ledger
- Monthly settlement built from the shared record
- A node for each participating rental company
// Stack
- Next.js
- Hyperledger Besu (private, permissioned)
- PostgreSQL
- Telematics APIs
- AWS
// estimate
- Build
- ≈ US$136,000 to US$208,000, delivered within 26 weeksCAD 193,800 to 296,400
- Hosting
- ≈ US$176 a monthCAD 250 a month
- Support
- ≈ US$2,500 a monthCAD 3,565 a month
Prices in your currency are estimates from today's Bank of Canada rate. All invoicing is in CAD or USD.
Timeline by milestone
- Discovery
- 2.9 to 3.4 weeks
- Architecture
- 0.4 weeks
- Design approved
- 2.9 to 4.9 weeks
- Core features
- 1.9 to 2.9 weeks
- Full build
- 1.4 to 1.9 weeks
- Devnet
- 3.9 to 6.4 weeks
- Testing and fixes
- 0.4 weeks
- Testnet
- 2.9 to 3.4 weeks
- Launch
- 0.9 to 1.4 weeks
- Mainnet
- 0.9 to 1.4 weeks
Outside our hands, and added to the calendar
- GPS trackers delivery
- 2 to 6 weeks
- Telematics API access from each maker
- 1 to 4 weeks
How it is paid
- Deposit 20%
- CAD 38,760 to 59,280
- Discovery 2.5%
- CAD 4,845 to 7,410
- Architecture 6.7%
- CAD 12,984.60 to 19,858.80
- Design approved 2.5%
- CAD 4,845 to 7,410
- Core features 7.5%
- CAD 14,535 to 22,230
- Full build 5%
- CAD 9,690 to 14,820
- Devnet 20.2%
- CAD 39,147.60 to 59,872.80
- Testing and fixes 2.5%
- CAD 4,845 to 7,410
- Testnet 13.4%
- CAD 25,969.20 to 39,717.60
- Launch 2.5%
- CAD 4,845 to 7,410
- Mainnet 7.2%
- CAD 13,953.60 to 21,340.80
- Holdback, 30 days after launch (10%)
- CAD 19,380 to 29,640