I remember the one time I travelled out of my country to Italy, there was this struggle of changing my local currency, having new bank account and so on. It took me about a few weeks to get the hang of it all and acclimatize into the surrounding frenzy.
Then I stumbled up the project Shattering, and their ideas blew my mind. They had this vision of creating a single way of paying for sharing services, no matter the location or the time. With the Sharering, its capable for a user to share things and resources with little or no stress and there is no currency exchange fees, no matter when and where you are and what you share.
What is Sharering?
Before the talk on Sharering, we have to discuss on the Sharing Economy. Many will ask, What is a Sharering Economy?
Sharering Economy is an economic model that often defined as the peer-to-peer (P2P) based activity of acquiring, providing, or sharing access to goods and services that are facilitated by a community bases online platform. -Investopedia
Some of the few examples of this sharing economy include Airbnb, Uber, DogVacay, Liquid, GetAround and so on.
The Sharing Economy is growing exponentially and Sharering a smart service system based on the ShareLedger Blockchain takes advantage of the sharing economy on a global scale and makes it accessible to customers and on demand anytime and anywhere.
We all know Amazon to be the king of all marketing and trade, Sharering will be the next king of the sharing economy as it enables users to utilize a single application to rent, borrow, or share any given resources at any time and anywhere in the world.
So Sharering have created the smart sharing on demand systems with a number of components that include
- A custom Blockchain, the ShareLedger
- A dual token, Sharetoken and the SharePay
- A fully integrated smartphone app
- A strong network of both Users and the Service providers.
Why was Sharering Created?
We have an uncountable number of companies operating within the sharing economy and some of them include DogVacay, Liquid, Uber, Airbnb, GetAround and the list goes on and on. The companies offer a great variety of sharing services that range from house#, rent, cars, food, storage, equipment, heavy machineries, meals, pets, vacation and many more. But they all have one big issue, there is the compartmentalization and the fragmentation of services. This means that most of the sharing services are so myopic that they don't communicate or interact with one another. For example, A fully registered Uber user has no business with the services of AirBnb and he has to re-register on AirBnb if he is going to utilize it. Some of the other issues of the sharing economy include
Some of the services rendered are only available to the users of some specific countries and they do charge international usage for foreigners and incur additional costs.
Some of these assets are not readily available in the time and place you want them.
The Sharing service provides are usually heavily segmented and they only operate within a very small niche.
There is the unreliability and trust issue where the user doubt their credibility
Each and every of the Sharing Economy services has its unique signup method for a user to gain access to them.
So the implementation of the Sharering will not only tackle all these issues, but also create a universal access to all available resources and assets attached to the Sharering Smart System.
The Sharering Blockchain Ledger
This is in the form of a dual token ledger and this was selected to make sure that a stable service is maintained as well as the price for a very long period of time. The ShareLedger is composed of the following
SharePay(SHRP) - The main currency that enables the Sharering users to pay for the usage of assets
ShareToken(SHR) - The currency thats uses to power transactions done on the ShareLedger Blockchain platform.
Account - This is the usual account which is in the form of a 24 byte address and it has the following components
SHRP BALANCE
SHR BALANCE
ASSETS
ATTRIBUTES.
Here's some research material for ya:
Website: https://sharering.network
Telegram: https://t.me/ShareRing
Whitepaper: https://sharering.network/files/sharetoken-whitepaper-web-v1.0.pdf
FAQ: https://support.sharering.network/hc/en-us/sections/360000195211-FAQ
Author: hamzeto
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