Sharing economy

Blockchain technology can be used to create a market to promote the sharing or rental of the residual value of an item or services to others. For example, one may have an underused computer that can be rented out to another user who needs a temporary boost in computational capacity. In this case, the blockchain sharing market can be used to complete such a rental arrangement. The platform essentially allows individuals to run a private rental business on virtually anything that is shareable. The blockchain technology-based market is suitable for any device whose usage can be conveniently shared digitally, such as a computer. The market can be used to facilitate the sharing of general services as well. For example, in a European ...

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