What is “sharing economy” in a nutshell? It’s an economic model, also known as “peer-to-peer”, based on sharing/providing/receiving goods and services, which are accumulated and controlled via an online platform.
Being widespread and easily implemented online, the idea of a new smarter way of assets using has quickly captured the hearts and minds of people. As a result, everyone today knows the names of the major players in the market.
Thanks to Airbnb you can find a place to stay or earn with the property you own.
Turo and similar services have solved the “transport” problem during vacations or business trips and provided vehicles’ owners with an opportunity to monetize their assets.
Upwork has made it easy to earn with your talents and skills. And, on the other hand, to find a professional, who is ready to cover you up once or even cooperate on a long-term basis.
However, all existing platforms and P2P systems have the same drawbacks, when it comes to convenience: high platform commissions, taxes, lack of transparency, currency exchange loss, a risk of deal cancellation or fraud.
What is more, being controlled by a company, the platform may any day decide to apply additional charges to the assets’ owners. What is more, in any disputable situation, the company is likely to take the side of the customer (tenant).
Considering all points above, most of existing P2P platforms are far from friendly to the assets’ owners. They focus mainly on their customers’ experience and financial goals. This needs to be changed and it will soon be changed by Us publishes latest news and updates about Bitcoin, Blockchain Technology, Cryptocurrencies and upcoming ICO’s.