Uber has been around for nine years. Its name has become a popular colloquialism. The rise of the sharing economy is poised to expand and affect almost every significant vertical. The notion of sharing a product or service, rather than purchasing it outright has resonated with consumers across the globe. With the rise of blockchain-based solutions, the Sharing Economy is set to expand. The definition of blockchain is “a digitized, decentralized public ledger for all cryptocurrency transactions.”.
Blockchain is the next step in the evolution of sharing services. Immutable, binding smart contracts that hold parties accountable power the blockchain. In the shared economy, individual participation is vital, and individuals have the chance to work directly with one another.
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https://techbullion.com/the-blockchain-is-the-next-phase-of-the-sharing-economy/