WCT's Deposit Management and Maintenance Records in the Fitness Equipment Rental Industry
The fitness equipment rental industry faces issues such as slow deposit refunds and unclear maintenance responsibilities. WCT replaces traditional deposits, allowing users to pledge WCT to rent equipment. Maintenance records during the rental period are recorded on the blockchain, and damage costs are deducted from the pledged WCT. The remaining WCT is instantly refunded after the rental period ends. After implementing WCT, a fitness equipment rental platform saw an 85% reduction in deposit disputes, a 60% increase in equipment recovery rates, and a 40% increase in user re-rental rates, making the use of fitness equipment more flexible.