Thursday, January 11, 2018

What is Beenest and The Bee Token?

Beenest is a home sharing platform for hosts to advertise their homes and for guests to search accommodations.Yes, it sounds like Airbnb, but it's completely decentralized.

The Bee Token is the cryptocurrency that fuels the Beenest platform and the Bee Protocols

Bee Protocol has three important parts:

1. Payment Protocol - send and receive tokens held until fulfillment of service
2. Arbitration Protocol - solve disputes through trustless voting
3. Reputation Protocol - manage reputation scores for all P2P entities

Beenest uses Bee Protocol, but Bee Protocol is flexible and can be used on much more purposes and applications.

Check for more details.

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