How blockchain is threatening the titans of the sharing economy
Platform businesses such as Uber; Airbnb and others in the sharing economy, have introduced a dramatically new business model. But 2016 is set to become the most interesting year yet in the life story of the sharing economy as the 'blockchain' technology that sits beneath Bitcoin takes disintermediation a step further; guaranteeing security and cutting out the middleman.
It's almost certain that we will see the continued growth and spread of sharing economy titans Uber and Airbnb, and we can expect at least one other global to marketplace punch through into the public consciousness alongside the proliferation of local sharing initiatives in cities — while issues of trust and regulation will continue to rumble on, with some progress.
But just as we get used to one kind of disruption, along comes another.