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1. Cost Savings

   • Single Payment, Multiple Uses: RENTOP allows tenants to pay once and share their verified background with multiple landlords. This reduces financial strain, especially for those applying to several properties.

2. Faster Approval Process

   • Instant Verification: This significantly reduces the waiting period (which can range from days to weeks in traditional systems), giving applicants quicker access to housing.

   • Competitive Edge: In high-demand rental markets, faster approvals give applicants an edge, as they can secure properties quicker than those going through traditional processes.

3. Data Privacy and Security

   • Ownership of Personal Data: applicants have more control over their personal information, as they can choose which landlords to share their data with. Since the data is encrypted and stored securely, there’s a reduced risk of data breaches.

   • Transparency: Applicants can ensure that their background check data has not been altered, creating a sense of trust in the system.

4. Increased Flexibility

   • Limitless Sharing: Applicants can share their blockchain-based background check as many times as needed without incurring additional costs. This feature is particularly beneficial in competitive rental markets where tenants often apply to multiple properties simultaneously.