A be­gin­ner’s guide to blockchain­part eight

Tehran Times - - TECHNOLOGY -

The blockchain gives in­ter­net users the abil­ity to cre­ate value and au­then­ti­cates dig­i­tal in­for­ma­tion. What will new busi­ness ap­pli­ca­tions re­sult?

The shar­ing econ­omy

With com­pa­nies like Uber and AirBnB flour­ish­ing, the shar­ing econ­omy is al­ready a proven suc­cess. Cur­rently, how­ever, users who want to hail a ride-shar­ing ser­vice have to rely on an in­ter­me­di­ary like Uber. By en­abling peer-to-peer pay­ments, the blockchain opens the door to di­rect in­ter­ac­tion be­tween par­ties — a truly de­cen­tral­ized shar­ing econ­omy re­sults.

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