As humans, we learn to share our stuff right from when we're toddlers. I was taught sharing since whenever I can remember, in school as well as home. However, our regular sharing activity is limited to our friends or people that we know, generally. Why stop there? There are very many platforms out there that will allow you to share your stuff with the ones in need in exchange for money. People rent out houses, cars, apartments and many more stuff to make an extra source of income, all online and offline.
The picture above shows the various iconic companies in the sharing economy. Sharing economy is one of the biggest marketplaces today. It is efficient and a great source of income for some and great means for others to get cheaper services. Without accommodation rental platforms or rental systems, all where we could live in is our homes. Without car rental services we would have to own a car to drive one. Belonging to a developing nation, there is a very thoughtful insight that an Uber driver gave me is -- Uber allowed people who've never sat in a car, sit in one. And the statement is undeniably correct. This is how the shared economy has been helping us get better services than ever before.
However, a problem that we all definitely have faced is all of the above-mentioned companies take their payment cut (commission) for every payment we make. The centralization. Car rides would definitely be cheaper if Uber drops its cut, but then what will they earn, how will they keep their services running for us? The centralized platforms have a commission as their prime source of income and no one is to blame, after all, they are providing brilliant services to us.
So how can these platforms that act as middlemen could be removed? The Blockchain. The blockchain is revolutionizing the world by the second. It is a network of servers and computers called nodes that run a multitude of platforms in a secure and decentralized manner. What does decentralization bring to you? The chance to interact with the service providers directly without having to cover the middlemen charges.
The Uchain platform
Uchain aims to leverage the decentralization provided by the blockchain to create a next-generation smart platform for the sharing economy. The platform offers complete decentralization, no payment cuts, and an unparalleled security. The blockchain further addresses a security issue that centralized systems cannot, the data leakage. Being in the digital age all your data is immensely precious and very well-known companies have been known to sell their data -- which comes from your user profiles.
With blockchain in play, no central party has authority over your data so, by no means can the data be leaked.
Uchain ICO and token details
The platform is built on the Ethereum and have issued a token UCN. The UCN token will be the means of payments and transaction on the platform.
Price: 1ETH = 5000UCN
Hard Cap: 42,000 ETH
Conclusion
Uchain platform strives to assist and develop a next - generation platform for the sharing economy. The idea is wondrous but the platform is too late. However big the agenda and goals of the platform may seem, the idea is very common and there has been a massive development in the field. I personally know platforms who have similar objectives and have conducted ICO's way before Uchain. For a platform that comes to light as late as the Uchain platform, it would have to offer something unique and unparalleled to have any impact on The Sharing Economy.
Website - https://uchain.world/
Whitepaper - https://uchain.world/css/img/pdf/uchain-whitepaper-dbe5656d6c.pdf
Telegram - https://t.me/UchainEcosystem
ANN - https://bitcointalk.org/index.php?topic=4667269.msg%msg_id%
Published by - jessicalaurenbt
Profile - https://bitcointalk.org/index.php?action=profile;u=1936052