GSENetwork | Feeding Trust In The Sharing Economy With The Blockchain Technology

Over the past two decades the internet have receive massive adaption due to the benefits it offers, many businesses has been built on the internet and most do not regret because the internet is for everyone. Sharing economy is one of those that the internet host and as the internet grows it also keeps growing.It is estimated that the sharing economy is going to grow to about $335 billion before the next decade. The sharing economy has been growing rapidly due to digitalization, which has led to major problems such as the lack of trust, intransparency, high fees. These gave rise to intermediaries that serve to facilitate different platforms in the sharing economy by verifying users’ identity using their social media profiles. Hence, trust has become a valued commodity that facilitates transactions in the sharing economy. GSENetwork aim to solve all the existing problems.

What is GSENetwork

GSENetwork is creating a decentralized trust network for the sharing economies based on blockchain
technology. GSENetwork is here to eliminate the trust gaps between the real world and digital world, building a decentralized trust network from the ground up. By attesting the authentic interaction of humans and physical assets, GSENetwork sets out to quantify each user’s digital footprint and behaviour into a Trust Score, one which the user is empowered to influence.

GSENetwork will utilize IoT technology, robust smart contracts, blockchain-enabled incentivization to qualify and quantify trust of each individual. The use of IoT technology enables a high-performance system that records peer-to-peer interaction with real physical assets onto the blockchain.

The GSENetwork Platform

This is a well structured platform designed to specifically bring decentralization to the Global sharing Economy and solve the existing problems with guarantee trust and maximum security. The GSENetwork platform is referred to as the second generation of the Global sharing economy that will deploy the blockchain technology to achieve it purpose.

As a developed and working product GSENetwork is backed up with three strong infrastructures, which are;

Dservice: The Decentralized Service is the core of the GSENetwork solution. This infrastructure will be deployed by the GSENetwork to completely distribute the Sharing Economy to its end users in the marketplace. This will work with the delegated proof of stakes (DPOS) to ensure a transparent pricing system, an Anti-Fraud system, multiple user profile rating system and order dispatching system.

Incentive Model: Just like a multi level businesses and organizations that aim to satisfy its customers, the GSENetwork is not left out as the system have put together a well structured incentive model package to incentivized it users. This will be carried out through the green mining. The green mining is designed to help validate transactions which is equivalent to the GSENetwork token.

Trust Network: One of the major challenge in the existing sharing economy is trust and GSENetwork have device a means to ensure maximum trust in the ecosystem. The GSENetwork trust network helps in analyzing specific users activities to know what their interest is and also allowing them to select their area of interest.

GSENetwork Token

The token (GSE) will serve as a means of transaction within the GSENetwork platform it will help facilitate transaction within the sharing economy ecosystem. The use of GSE will help make purchasing goods and services, without facing the technicalities and complexities involved while making payments in the current sharing market. GSE is already listed on coinmarketcap https://coinmarketcap.com/currencies/gsenetwork/#markets and trading in some top exchange markets

Token Ticker: GSE

Token Platform: Ethereum

Token Standard: ERC-20 compatible

Total Supply: 100,000,000,000 GSE

Roadmap

Team

Conclusion
Economy sharing is about to receive a massive adaption by GSENetwork combining blockchain with it, economy sharing will now be reliable and satisfying. Also with the GSENetwork team having been expertise it will be a huge one for economy sharing.

For more information about GSENetwork, check the links below:

Website : https://gse.network
Whitepaper : https://www.gse.network/static/media/whitepaper.pdf
Telegram : https://t.me/GSENetworkOfficial
Twitter: https://twitter.com/gselabofficial
Facebook: https://web.facebook.com/gsenetworkofficial
Reddit : https://www.reddit.com/r/GSENetwork/

Writer
Name: Oluwatimi
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=1916121
ETH Address: 0x0fe1a723e2b5e484d8a7827729c8c95bf44ec781