What's next in sharing economy?

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WHATS NEXT IN SHARING ECONOMY?
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SYNOPSIS

• BENEFITS OF SHARING ECONOMY
• IS SHARING ECONOMY SAFE?
• COUNTRIES WELCOME SHARING ECONOMY
• FUTURE OF SHARING ECONOMY

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What is sharing economy?

• It is peer to peer based activity of sharing
  assets, products, services in an online based
  community.
• It enhances the usability of underused assets and
  expand their lifetime in the sharing economy
  platforms.

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Benefits of sharing economy
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• New inventions and modern technologies like AI,
  big data, machine learning algorithms are helps
  in reaching a wider audience.

• It is providing unique and personalized
  experience and helps in increasing user
  engagement and retention rates.

• Business models like commision based,
  subscription based, lead generation fee, listing
  fee, freemium services and helps in earning
  steady revenue.

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IS SHARING ECONOMY SAFE?
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Safety Measures of the sharing economy

• Identity verification is also important because
  it helps for both check in and check out process
  to avoid fraudulent transactions.

• The most common way used by sharing economy is
  verifying the users email address and phone
  numbers with a OTP

• Biometric authentication is the most welcoming
  technology. It is even more seamless and secure
  too

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Countries welcoming sharing economy
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• In the US, the sharing economy is used by 44.8
  million users and 162 million people providers on
  sharing platforms. The user growth will expand to
  86.5 million by 2021.
• The Chinas sharing economy is using by 700
  million people and it has already reached 763.5
  billion, 47.2 has been increasing and expecting
  to grow more than 30.
• In UK, total transactions will take place at 140
  billion by 2025 nad this is expected to grow 60.
  
• In Europe, the expected growth will be 570
  billion in the upcoming years.

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Future of sharing economy
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Employment opportunities
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Market Potential
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CONCLUSION

• Have a plan to build your own sharing economy
  platforms?
• Our RentALL team is having the best industrial
  knowledge and familiar with technology frameworks

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Thanks!

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