Blockchain is bringing the sharing economy to everyone

The sharing economy relies on a distributed workforce, shareable assets, and peer-to-peer transactions and contracts. Uber and Airbnb are probably the most famous examples, allowing people to make money by sharing their homes and their cars. Now blockchain technology is making it possible to earn money by sharing a whole new set of assets, such as compute power, storage capacity, and even personal data. Because so many more of us own computers than houses or vehicles, a greater number of people can participate.Companies in these emerging marketplaces handle payments through smart contracts and blockchain technology. This greatly lowers costs, improves trust and transparency with the community, and simplifies transactions at a global scale by making them near-instantaneous, even when distributing payments to thousands of digital wallets at once.

Here’s a look at 11 companies creating these digital sharing economies: […]

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