For those who are not ready to commit to loaning for buying a very expensive, sharing can be an ideal option. Horse Shareholder ownership is a kind of horse ownership in which two or more persons can purchase a horse in partnership. All the partners have to pay some part of the total price and the ownership certificate is issued to each one with a definite percentage depending upon their contribution.

This is an excellent way to purchase a better quality horse, whose cost is too much. This ownership is also great for the persons who don’t want to keep a horse for all time or just want to purchase a horse for a definite purpose such as horse racing. Shared ownership also provides an ideal way to purchase an expensive horse without taking a full risk.

Normally to purchase a horse in a partnership, all the partners make an agreement of Horse sharing, in which all the terms and conditions of the partnership are written on specific form. This is done to reduce the risks that the deal goes sour later on.

HorseChain is making an effort to build a platform that will serve this purpose. The development team will make every effort to make the whole process digitalized, secure, real and easy.

A person who wants to sell his/her horse will have to post an ad on the platform with its minimum price and other specific terms and conditions will be provided to him. Since the HorseChain platform uses HRS tokens as a medium of economic exchange, the price of the horse will be in HRS Tokens. The interested persons or parties can send their proposals. The owner of the horse will be able to choose the buyers.

HorseChain will allow a maximum of three people at the beginning stages of the platform or more parties to purchase a horse in the partnership. The parties who want to purchase the horse will have to share its price cost. The process of purchasing will not be completed until each party is not agreed on the terms and conditions specified by the owner.

When all partners will be agreed then they will have to pay HRS tokens to the seller and the ownership certificate with all partner’s name will be issued to every partner with a definite percentage of ownership depending upon their contribution.

HorseChain will make every effort to make this whole process as fast as possible but probably the whole process will take at least 1 week. This HorseChain platform will be for internal use only; means all partners must belong to the same country. The development team of HorseChain is ready to develop this platform and it will be available shortly.