Ivault leverages blockchain technology to transform physical items into rentable assets, promoting a culture of peer-to-peer sharing to combat overconsumption. By digitizing ownership verification and categorizing items based on trust tiers, the app ensures transparency and reliability in transactions. With a low-cost fee structure and a reward system in place, ivault incentivizes eco-conscious behavior and makes sustainable choices more accessible. The platform prioritizes user privacy through non-custodial wallets and pseudonymous profiles, fostering a community-driven experience. Founder Arman Sarhaddar envisions ivault as a solution to the prevailing culture of overconsumption, advocating for a shift towards shared access and responsible consumption. Through its innovative approach, ivault aims to redefine how individuals live and consume, demonstrating that sustainable living can be both convenient and rewarding. Read more AI-generated news on: https://app.chaingpt.org/news