The S h a r i n g Economy.

What does it mean?

In what is called collaborative consumption, the sharing economy, or the peer economy, owners rent out something they are not using, such as a car, house, or bicycle to a stranger using these peer-to-peer services.

The Sharing Economy is a socio-economic ecosystem built around the sharing of human, physical and intellectual resources. It includes the shared creation, production, distribution, trade and consumption of goods and services by different people and organisations. Whilst the Sharing Economy is currently in its infancy, known most notably as a series of services and start-ups which enable P2P exchanges through technology, this is only the beginning: in its entirety and potential it is a new and alternative socio-economic system which embeds sharing and collaboration at its heart–across all aspects of social and economic life.

Read more in-depth information about how this economy works and is growing rapidly!