WCT's Booking and Service Quality Control in the Short-Term Rental Apartment Industry
Short-term rental apartments face issues such as inaccurate property information and inconsistent service quality. WCT puts apartment property information, hygiene standards, and user reviews on the blockchain. Tenants pay the booking fee with WCT, and funds are released to landlords based on tenant satisfaction. After a short-term rental platform implemented WCT, booking disputes decreased by 80%, tenant satisfaction increased by 65%, and landlord service quality improved by 50%, making the short-term rental experience more enjoyable.