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| Crypto peer to peer sharing economy vs | A population of people who are simply more tolerant of uncertainty and willing to take greater risks might also be more likely to be suited to P2P economy. A P2P system will be less efficient than traditional capitalist firms to the extent that it restricts production to less efficient scale; incurs higher informational or other transaction costs; limits the division of labor between business managers, entrepreneurs, workers, and customers; or limits the efficient distribution of risk and uncertainty. How does the convergence of business models i. Figure 3 Actors involved in the sharing economy platform ecosystem. In a sharing economy, idle assets such as parked cars and spare bedrooms can be rented out short term. |
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Blockchain Disruption: How Bitcoin Technology Creates a Sharing Economy - Thomas Ramge - TEDxHamburgWhile the sharing economy has been tremendously beneficial for society by enabling individuals to supplement their incomes and lowering costs. Sharing Economy (aka Collaborative Consumption) refers to peer-to-peer (P2P) transactions based on the Internet. Such transactions are often facilitated via. The blockchain technology connects with fundamental underpinnings of the sharing economy and opens up new ways to implement them technically.
