We all heard about the sharing economy. This is going to be the "next generation" of our we interact. Ownership is a dying animal. Instead, it seems the model is going to be one where people opt to use a product for the time periods they need it.
This idea is gaining steam within the automobile industry. Most of the major manufacturers are laying the groundwork for a ridesharing program. In short, cars are one of the largest expenses people have yet sit for 22 hours a day. This is a poor use of resources.
Blockchain is going to be at the center of this transition. Through the use of smart contracts, we can see how all transactions can be placed and verified on the blockchain. Plus, with the addition of cryptocurrency, there is a means which people can pay/get paid. Add in the DAO component, and we see a self-contained autonomous system.
ShareRing is a company that seeks to put the sharing economy on the blockchain. In their view, the present system is too fragmented. They are correct. The ultimate goal is to allow users to rent, borrow, or share a wide range of assets through a single applicatoin on a smartphone. This will be tied to their blockchain and use their tokens.
In its white paper, the company lists areas where its technology could prove useful. Some examples include renting cars, trucks and trailers, as well as booking delivery drivers, sharing gardens, swapping books, co-housing, car sharing and social dining.
https://cointelegraph.com/news/company-aims-to-become-amazon-of-sharing-economy-with-blockchain-app
Before going any further, I will state the article linked is sponsored content. Also, I am in no way endorsing or recommending this company or what they are creating.
I bring this point up to show some of the ideas that are floating around out there. Brian Kelly stated that Bitcoin is like the Internet of the 1990s. Actually, blockchain is like that. We are seeing ideas being worked on from all corners of the world. Also, every imaginable market is being tapped. There are going to be many that do not work out yet some are going to be life altering.
Blockchain is going to be central in our lives in a decade, even if most are unaware of it. Applications are emerging daily that replace traditional ones. While the conversion is slow, partially due to all the FUD, it will not be this way forever. The next 24 months should see a massive explosion in the use of blockchain technologies.
People like the idea of getting paid. As more applications come out that put money in people's pockets while making their lives easier, they will be embraced. The key is for those of us involved at this point to keep moving things forward. We are the test cases for all these new ideas. Our role is crucial in introducing the world to the new models that are appearing.
The FUD is strong but the technology is a lot stronger.
If you found this article informative, please give it an upvote and resteem.
To receive the free basic income tokens you are entitled to and help end world wide poverty, please click the following:
In full disclosure this is a referral link
