ivault turns real-world items into blockchain-powered rentable assets, helping reduce waste through peer-to-peer sharing.
From camping gear collecting dust after one weekend to impulse purchases worn once and forgotten, closets and garages are filled with evidence of a big problem: overconsumption. Most everyday items spend more time sitting idle than being used.
Meanwhile, manufacturing and disposal of these underused items incur an ever-increasing environmental cost. While recycling helps reduce waste, it does little to address the root issue — how people acquire, own and use the things they need.
In response, platforms are exploring a new model that encourages sharing rather than buying. However, for that model to work at scale, every interaction between parties has to be affordable, accessible and trusted.
Blockchain-powered sharing for sustainability
Ivault is a blockchain-powered sharing app that emerges at the intersection of these values. The app utilizes blockchain infrastructure to make sharing simple, secure and rewarding.
Available on Android and iOS, the ivault app enables users to rent, lend and borrow real-world items in a peer-to-peer network that prioritizes transparency and ease of use. With over 80,000 downloads since launch, the app’s early traction signals a rising appetite for alternatives to wasteful, ownership-oriented consumption habits.
At the heart of ivault’s approach is digitized ownership verification, which uses blockchain records to prove authenticity and prevent disputes. Items are categorized by artificial intelligence-driven trust tiers — bronze, silver and gold — that validate item quality and user reliability.
Whether it’s a student renting textbooks, a traveler borrowing luggage or a DJ lending equipment, every transaction is backed by transparent, tamper-proof verification that builds confidence without requiring blind trust.
Reducing costs while rewarding sustainable behavior
Unlike traditional platforms that may take up to 30% in fees, ivault applies a low-cost fee structure, eliminating the financial friction that discourages participation. By cutting out intermediaries and automating trust through blockchain, the app redirects value back to users.
That efficiency makes sustainable choices more affordable — renting a designer dress for an event, for example, might cost just a few dollars instead of a few hundred. In addition, ivault’s built-in reward system turns sustainable behavior into something measurable.
Users earn IVT tokens for eco-conscious actions, like lending out items or engaging with community campaigns. These tokens can be used for in-app activity or exchanged on the Base Network, a layer-2 Ethereum-compatible blockchain chosen for its speed and minimal fees.
Designed for privacy, built for community
Privacy is also central to the experience. Unlike many sharing platforms that rely on centralized databases and monetize user data, ivault is designed with a privacy-first architecture. Non-custodial wallets and pseudonymous profiles ensure users retain control over their data while still benefiting from KYC-verified identities and secure interactions.
Community drives the ivault experience. Geolocation tools connect users locally, encouraging repeat interactions and neighborhood-level trust. Gamified incentives and social features turn one-time rentals into recurring relationships, helping to build a culture where sharing is the norm.
The platform’s vision is clear, as highlighted by ivault founder and CEO Arman Sarhaddar:
“ivault is pioneering a future where technology doesn’t just disrupt industries; it heals them. By turning sharing into a default, rewarding habit, we’re building a world where sustainability is effortless, accessible and owned by everyone.”
In a time where overconsumption feels hardwired into daily life, ivault offers an alternative rooted in simplicity, community and transparency, proving that sustainable living doesn’t have to be a sacrifice; it can be the default. As more tools make responsible consumption convenient, the shift from individual ownership to shared access could redefine how people live and consume.
Learn more about ivault
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