  The growing demand for short-term property renting has led to the boom of a
new category called PropTech (Property + Technology). Such a rise in demand
attracted many entrepreneurs and investors leading to the inception of powerful
and centralised players in the category (like Airbnb). Unfortunately, some big
players are controlling the entire industry in a centralised way in turn,
performing anti-competitive practices which leave no room for the small
players. Such an ecosystem can be made more transparent and decentralised by
executing transactions and order-fulfilment on a blockchain. To extend the
functionality of the system, we can also perform the renting of small services
and appliances via the integration of IoT. Implementing such a system will make
the process more transparent, robust and decentralised.
