GSENetwork: Decentralized Sharing Economy

At some points in our lives, we have to partner with others to achieve our goal. The same scenario plays out in businesses. Businesses often help each other succeed by providing services that the other lacks. Mergers and Acquisition is one of such partnerships.
Likewise, there is another great approach to business partnerships known as Sharing Economy. The idea is to allow businesses provide needed service by forging mergers with keen investors. Sharing Economy is quite different from Mergers and Acquisition. The latter is concerned with businesses helping themselves and the former deals with forging partnerships to attain specific goals.
Traditional sharing economy had gone farther into providing services that meet the end-users’ pain points. There however exist some downsides. These partnerships are controlled by centralized institutions. Uber comes to mind. In another scenario, businesses under sharing economy often develop negligence in their service because they believe users cannot do without them.

Furthermore, high fees are anticipated in this system. Services here pass through the middlemen before getting to the end-user. There is direct link from the business to the user. Sadly, end-users enjoy the support of such businesses especially in times of dispute.
The coming of Web 2.0 collapsed centralization of powers on the cyber space. It is time for same to get replicated in decentralized platforms and GSENetwork is championing the course.

Good Tidings:
GSENetwork is a decentralized platform backed by the block chain technology. Behind its goal is the zeal of bring devolution of powers in traditional sharing economy. The block chain technology had been popular for such devolutions and hence, its use by GSENetwork will be very beneficial to the platform and its goals.

What was obtainable in the internet with respect to the sharing economy was tagged Web 2.0. This posited users’ regulations over their content. GSENetwork comes with like disposition but its scope will be decentralized platforms. The platform introduces a new dawn for the sharing economy. Known as Sharing Economy 2.0, GSENetwork will replace traditional and decentralized sharing economy modules that are currently in use.

What’s the Feasibility?
The chain technology is not decentralized by default; it uses consensus algorithms and certain frameworks to achieve this. GSENetwork cannot achieve its goal alone. There are three core architectures to be used for its goal attainment.

Decentralized Service:
At the core of its architecture is the Decentralized Service (DService) platform. The platform will be the primary channel of distributing available sharing economy to GSENetwork participants.

DService platform will be implemented in four scenarios such as order dispatching and anti-fraud modules. If you have skills in DApps creation, the platform is here to equip you with tools. On the other hand, Dservice is the core middleman that transmits interactions from the platform to other components.

Incentive:
The role of incentives and loyalty programs in business cannot be undermined. Customers are happy when their patronage is rewarded and it takes a happy customer to keep a business afloat.

GSENetwork introduces an architecture known as Incentive Model. The model will reward users for their transactions. It does not stop here. GSENetwork uses the incentive model in literally killing multiple birds with a stone.
Though it rewards users with its token, users have to walk up the ladder. The platform integrated a mining concept known as green mining. As transactions are in progress, tokens are mined underground. It does not take special effort to do this. The more you transact, the more tokens are mined. You will get rewarded with the GSE token according to your transactions.

Trusted Network:
GSENetwork prides itself as a trust network. Trust is needed for a business t thrive. Traditional sharing economy seems to be under siege in this regard. GSENetwork uses its Trust Network for accounting users’ activities. Through this network, a users’ interest is analyzed and computed. GSENetwork relinquishes powers to users. This allows them be in charge of contents they like.

Token Information:
Ticker: GSE
Token Standard: ERC20
Platform: Ethereum
Total Supply: 100 billion GSE

Bottom Line:
Simply put, GSENetwork is a great innovation for the sharing economy. The platform will hedge major issues in traditional sharing economy while bring transparency, rewards and devolution of powers to the economy.

To get more information about this outstanding project, visit the following links :
Website : https://gse.network
Whitepaper : https://www.gse.network/static/media/whitepaper.pdf
Telegram : https://t.me/GSENetworkOfficial
Facebook: https://web.facebook.com/gsenetworkofficial
Reddit : https://www.reddit.com/r/GSENetwork/
Twitter: https://twitter.com/gselabofficial

Writer's bitcointalk username : dellosoft
Writer's bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=2116924

ETH address : 0xF5dBE19846A78B3f23bF2098FD1b650dB9f44D11