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Top 5 Lending Marketplaces

The kind of potential the concept of sharing economy holds is just unbelievable. Every business venture of modern times embraces the...

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Trust and Safety Are Two Major Concerns for P2P Marketplaces

The kind of trust and dependability we are showing with the Internet is just huge; it is at the all-time high, we have never trusted the Internet as much as we do now. We meet people and make friends with them on apps, buy clothes and other products, find people with specific skill sets and have them over and avail their services and we tend to even fall in love and have relationships with a swipe to the right. Well, the Internet has us all covered for the lifetime now, and this article is to understand the trust and safety concerns that peer to peer marketplaces had to take. P2P marketplaces are Internet fleas and the majority of trade and exchange of services take place on these platforms only. Thus it is really necessary for marketplace operators and to-be-owners to understand the importance of trust and safety in regards to P2P marketplace websites.

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How to solve the 31 Billion Dollar Problem!

Let’ be honest, how often do you throw away food? My personal story – Our family went on a weekend get-away to a very posh resort in Banff, AB, Canada and we were one of the last guests to join for the breakfast. At the end of the long and relaxed breakfast, our steward asked us to take any baked food from the buffet as they will be all be “thrown away”! Did you hear that? “Thrown away!!” – the food that was perfectly prepared and served a few minutes ago was outbound to the garbage.

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P2P lending marketplaces; a fructified byproduct of sharing economy and fintech

Sharing economy has its impacts on all kinds of business realms. You will see marketplaces all around, embracing the core concept of sharing economy and bringing people together to trade. Starting off a sharing economy website is the latest vogue and since it is really easy to get into this practice, people are not backing off from trying their hands. Different entrepreneurs and business minds are trying new and exciting ideas. From accommodation, transportation to traveling, there are marketplaces complementing a number of business segments. One such area which has seen a lot of sharing economy is fintech especially the lending practice.

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Why Peer-To-Peer Marketplaces Are So Powerful and Profitable

The concept of sharing economy and peer to peer marketplace is subject to no conjecture. A lot of people understand it thoroughly and the ones who don’t know are also a part of the practice unknowingly. For instance, there are people who don’t know what p2p marketplace is and how sharing economy works but they are using Uber and selling used items on eBay. This is how things work in this time and age. Some notions come into the picture, makes a huge difference and people don’t even get to understand the practice completely. It’s the same with the concept of sharing economy. However, those who know and understand how good this is and how to be a part of it can easily make their fortunes from the practice. A “sharing economy website” is all you need to become a part of the concept.

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Motivation That You Need Over a Marketplace of Your Own

Over the last decade, a thing called sharing economy has prospered exponentially, all thanks to the fast internet, smart phones and a large gap between the need and resources. There’s been much talk about the concept and the things people are doing and can do with the concept. However, people aren’t motivated enough to get into a business that boasts the idea of peer to peer marketplace. The business psyche of people is restricted to buying and selling only. When they come to know that they can create a community where people can trade and exchange and owner of the marketplace will be able to charge them, they don’t really go along with the idea.

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Peer to Peer Marketplace and the Construction Sector

The concept of sharing economy is changing the way we look at our assets, recourses and needs. “Sharing is Caring” is no more a childhood moral lesson, instead it has become a concept of economics which is benefiting the whole ecosystem in general. Opening a sharing economy marketplace website is not a big deal, as there are platforms that offer you templates to create a marketplace. The tough part for the business people is to come up with the right idea and make it work. From car renting, accommodation to a lot of other things, there is peer to peer marketplace in all possible kinds of business realms. In order to make your business hit, you need to be distinct and really effective.

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