BizShake: The Future Ecosystem of Sharing Economy.

jamesndungu (61)in #bizshake • 6 years ago (edited)

According to a recent research done by the Brooking Institute, the sharing economy is expected to become a $300 billion dollars industry by 2025. This is a growth of more than 2,000 percent from 2014 statistics. The sharing economy is currently a very lucrative market and unfortunately, it has been commercialized by the pioneers who include uber in the car-sharing business and Airbnb in the house sharing market. Despite the market being highly profitable the community has not benefited from the Market due to the high revenues that go to the large organizations who have commercialized the industry for their own benefits, the challenges in the industry also include monopolization and the large institutions dominate more than 60% of the market.

(Video Source YouTube: BizShake - Project Introduction)

With the sharing market expected to reach a staggering $300 billion in 2025 and the current valuation of $26 billion, there is room for new entrants to the market. One of the projects planning to revolutionize the sharing economy is BizShake, with its SmartPawn and SmartRent services which target the peer to peer lending market and the renting market, BizShakes plans to enter the market with a new approach that empowers the community and with new technology that will improve the market operating processes.

BizShake plans to empower the community by allowing them to have control of the market and profit from the lucrative sharing economy and be able to ensure trust which is one of the challenges experienced in the market through the use of smart contracts to process the transaction between peers. In this blog entry will explain the business model of BizShake, the solution BizShakes is adding to the sharing market.

BizShake Business Model and services.

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BizShake is empowering the sharing economy participants with the infrastructures needed towards optimizing their business processes using modern technology powered by blockchain technology, BizShake will empower the renting community through its SmartRent business services that will allow businesses and individuals operate using modern technology using smart contracts to process transactions and distributed ledger technology that will allow them to record the transactions in an immutable record storage structure. BizShake will also empower peer to peer lending industry through its SmatPawn services that will allow the industry participants to make use of smart contracts that are tailored to minimize the operational risks and bring the market close to the products.

Using the smart infrastructure towards optimizing operations, businesses will be able to tap the decentralize market empowering micro-entrepreneurs who are the majority of Industry Players i the industry by modernizing their business operations.

The sharing economy has its advantages in that it brings the customers close to the products and BizShake business model of operating in a tokenized economy will go hand in hand in allowing transactions to be cost-effective and allow micro-processing of services using automated operation processes.

To competitively operate in the market BizShake is adding the following solutions towards empowering businesses and individuals in the sharing economy.

BizShake Solutions

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BizShake using blockchain technology will allow the industry participants to minimize operational risks through SmartCertify, a revolutionary businesses services that will allow businesses and individuals to record and track tokenized assets using blockchain technology in a mission towards improving operational processes in a peer to peer renting and lending market.

BizShake is also allowing g business to identify tokenized assets automatically using SmartCertify a revolutionary service that will be useful when dealing with digitized assets that will be used by the businesses and individuals when operating in a peer to peer decentralized sharing market.

Business will be able to connect their businesses to enjoy the benefits of BizShake infrastructure though SmartAPI, through this integration businesses and individuals will be able to customize their business operation strategies using their business applications and also enjoy the full benefits of BizShake blockchain powered platform.

Conclusions.

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BizShake is providing a solution to the multifaceted sharing industry by making it easier for businesses and individuals to connect with their clients through a mutual relationship that is beneficial to the business and also the consumer.

Business and individuals implementing BizShake in their operating business models will be able to access blockchain technology that will optimize their business processes by providing solutions to the problems facing the sharing economy.

Through blockchain technology, BizShake will be able to add the missing features that will improve the functionality of industry participants.

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For more information about BizShake and how to get involved, please check out BizShake website, Whitepaper and social media pages in the reference section below.