This Platform Aims to Bring the Sharing Economy Under One App
Rahul Kalvapalle — April 18, 2018 — Business
References: sharering.network & cointelegraph
ShareRing is an innovative new blockchain platform that is designed to streamline the sharing economy by making it possible for users to utilize a single app to access different kinds of services and products.
While the sharing economy has grown in leaps and bounds, users still have to use a different app for each service. For example, you might have to use one app to order pizza, and another one to hail a ride, and a third one to book a rental apartment. ShareRing wants to consolidate this market into one single app using customizable smart contracts, which will be used to verify transactions and keep personal information secure.
Still under development, this blockchain platform meets at the intersection of two of the biggest game-changers in the contemporary economy, namely the sharing economy and blockchain-powered smart contracts.
While the sharing economy has grown in leaps and bounds, users still have to use a different app for each service. For example, you might have to use one app to order pizza, and another one to hail a ride, and a third one to book a rental apartment. ShareRing wants to consolidate this market into one single app using customizable smart contracts, which will be used to verify transactions and keep personal information secure.
Still under development, this blockchain platform meets at the intersection of two of the biggest game-changers in the contemporary economy, namely the sharing economy and blockchain-powered smart contracts.
Trend Themes
1. Consolidated Sharing Economy - ShareRing aims to consolidate the sharing economy into a single app, streamlining access to various services and products.
2. Customizable Smart Contracts - ShareRing's use of customizable smart contracts offers innovative ways to verify transactions and enhance security in the sharing economy.
3. Blockchain-powered Sharing Economy - The integration of blockchain technology into the sharing economy has the potential to revolutionize the industry by increasing efficiency and transparency.
Industry Implications
1. Transportation - The transportation industry can benefit from ShareRing's platform by offering users a convenient method to access different ride-sharing services and book transportation.
2. Hospitality - ShareRing's consolidated platform provides a disruptive opportunity for the hospitality industry by simplifying the booking process for rental accommodations.
3. Food Delivery - By consolidating various food delivery services into one app, ShareRing presents a disruptive innovation opportunity for the food delivery industry.
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