When we think of Canada, the first names that pop-up are usually Justin Bieber and Drake. Besides these gems, there is a lot more that the influential and diverse people of Canada have contributed to the world. They have a thriving tech scene and their tech contribution to the world is immense. They rank number 5th in the global ranking of countries with the most...
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PEER-TO-PEER SHARING The fast-growing economy of monetizing unused or underused asset goes by many names: the “sharing economy,” the “gig economy,” the “on-demand economy,” and the “collaborative economy.” Whether sharing goods as in Uber, renting homes as in Airbnb, or serving up micro-skills as in TaskRabbit, consumers are using technology to find and buy one another’s extra resources. These companies are peer-to-peer marketplaces focused on C2C...
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Have you ever witnessed what it takes for the sharing economies to prosper or come into action? For an instance Uber doesn’t have the cars of its own or even a balance sheet to keep the record of the drivers who drive their vehicles. Astonished? Yes, it is indeed true! The startups or the biggest sharing economy website are operating due to the symbiotic relationship...
Read MoreAlong with the commencement of the famous blockchain technology, smart contracts are also becoming a matter of special interest for various businesses. Now the question that triggers in the mind is- what are smart contracts? Smart contracts are basically the digital contracts that are designed to help people in exchanging shares, money, property or anything that have a certain worth over the internet in a conflict-free...
Read MorePeer-to-Peer marketplaces are a new and upcoming business trends that are riding all over the headlines recently. Online marketplaces simply connect sellers with the buyers or service providers with those who need services. Some of the best multi-vendor marketplaces have brought astonishing revolutions in the way of businesses are operated, and all thanks to these virtual marketplaces, words like “Sharing Economy” have now become buzzwords. The shift is happening where the consumers are beginning to value access over ownership and experiences over assets.
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