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What is the sharing economy?

Posted: Tue Feb 11, 2025 6:30 am
by Bappy11
The sharing economy definition could be as follows: "The sharing economy is an economic model in which individuals buy or sell access to goods or services, typically on a time-limited basis, often through an online platform."

To explain this in more detail, while the traditional economic model draws a clear line between companies and customers, the collaborative economy blurs the distinction between consumers and suppliers by relying on what is known as peer-to-peer (P2P) exchange. This principle allows any person or company to acquire, share or make available resources that already exist and are little or not used at all. This could be, for example, sharing a private vehicle for a trip or even an empty room that is offered as a guest room.

Although the principle of the collaborative economy existed before the digital age, access to the switzerland telegram data Internet and the development of new technologies have made it easier to carry out transactions. The exchange of value can take place directly online through a marketplace or even a peer-to-peer application, whose role is to act as an intermediary between consumers and service providers. These sharing platforms play more of an intermediary role, primarily by providing a space for networking.