WCT Optimization of Smart Lock Rental Permission Management and Cost Settlement
Smart lock rental faces issues such as untimely permission recovery and complex cost calculations. A rental company applied WCT technology to put the lock's authorization period and unlocking records on the blockchain, allowing tenants to pay rent with WCT, and permissions are automatically revoked after expiration. Landlords can check the lock's usage status through on-chain data to avoid overdue occupation. For example, in a short-term rental apartment, the smart lock's permissions become invalid immediately after the tenant checks out, and the new tenant can scan a code to obtain temporary authorization. After applying WCT, permission disputes decreased by 85%, rent recovery rate increased by 60%, and rental management efficiency improved by 70%.
