"Communities of people have shared the use of assets for thousands of years, but the advent of the Internet — and its use of big data — has made it easier for asset owners and those seeking to use those assets to find each other. This sort of dynamic can also be referred to as the shareconomy, collaborative consumption, collaborative economy, or peer economy. Sharing economies allow individuals and groups to make money from underused assets. In a sharing economy, idle assets such as parked cars and spare bedrooms can be rented out when not in use. In this way, physical assets are shared as services."
Sharing economy

January 1, 1970

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Original Language: English