GSENetwork: Trusted Platform for Sharing Economy

No man is an island unto himself. We all need partnerships to forge ahead and attain our goals. Same scenario applies to the business community. There are often striking partnerships culminating from mutual interests.

Over the years, these partnerships have been revolving around many variations. There were Mergers and Acquisition and the Shared Economy. These variations of partnerships were centralized as their presence and implementation was in traditional environments. In later years, there were decentralized inputs towards Mergers and Acquisition. It seems none was done for the Shared Economy.

The cyber space also adopted this approach. Web 2.0 was the concept developed on P2P basis. The idea behind conceptualizing Web 2.0 was devolution of powers from key players. These powers over preferences were re-delegated to online users. That is why you can put up posts on Facebook and Instagram without any third-party interference except otherwise when you violate the rules.

Sharing Economy had been with us for a long time. Its imprints can be seen on AirBnB and Uber. There were however problems such as its high fees. Though decentralized, participating platforms are under the directions of centralized companies.

There are ups and downs in business. When there’s dispute with the service offered by an agent of a service provider, the service provider is certain to support the customer. The intention is to keep the customer and this leads to biased judgment.
After gaining users’ trust and enjoying their patronage for some time, a company might become negligent and reduce the quality of its service. This in turn breeds distrust as users will not be happy with lower standards they derive.

In the eye of this storm, there is a lone walker in the dark. #GSENetwork is one out of many decentralized platforms that aims at solving these issues in the sharing economy.
A Working Product
At the core of #GSENetwork goals is facilitating another generation of shared economy. By launching Sharing Economy 2.0, there will outright change from centralized sharing economy towards a decentralized one.

The Network
GSENetwork uses the chain technology as its propeller. The technology had been popular for its decentralized approach to solutions. More so, the issue of trust that became hallmark for disregarding centralized sharing economy will be solved here.

Three-Pillar Infrastructure – GSENetwork’s Benchmark

Attaining its lofty dream will take some time and resources. GSENetwork therefore developed a concept that will push the platform to the designated site. The platform has three-pillar infrastructure as solution to traditional sharing economy needs.

• DService Platform

Creating a sharing economy platform is one and its distribution for more use cases is another. Decentralized Service (DService) Platform is at the core of GSENetwork’s solutions. Aside using the block chain for its development, GSENetwork uses the DService platform in disbursing its sharing economy to end-users.

There are primarily four use cases of the platform. They come in form of modules and these are the order dispatching, multi-dimensional user profile rating, anti-fraud and pricing modules.
Decentralized platforms allow development of applications. GSENetwork agrees to this so developers can easily develop DApps with available tools.

• Incentives

The case with most traditional businesses that want patronage is issuing loyalty cards t its customers. Incentives go the extra mile in pulling prospects to your business and keeping already-existing customers.
GSENetwork has such programs. It runs what it terms Incentive Model.

The model is a two-sided coin. One part issues incentives in form of the GSE token to deserving users. The other part facilitates mining of this token. Both work in unison. When users transact on GSENetwork, they mine the GSE token at the same time. This was made possible by the platform’s green mining approach. The approach specified that tokens are automatically mined when transactions are made.
Afterwards, users are rewarded with some parts of the token. Before this time, the team behind this project had test-run its incentive model with ofo – a traditional sharing economy bike-sharing platform.

• Trust Network

The last of GSENetwork’s pillared solutions is the Trust Network. The platform uses this channel in analyzing specific activities of its users. This allows it determine what a user’s interest is. The platform also delegates content powers to users; allowing them select contents that suit their interest.

Token Distribution
Ecosystem Development: 40%
Foundation: 20%
Team Members: 15%
Private Investors: 10%
Advisors: 5%

• Token Sales Information**

Token Symbol: GSE
Platform: Ethereum
Token Standard: ERC20
Total Supply: 100 billion GSE

Conclusion
#GSENetwork’s goal is bringing full-scale decentralization to the sharing economy. It replaces existing module in the traditional format. Likewise, it allows users select preferred contents. The use of toke incentives will ignite users’ interest and help advertise the platform’s solution to traditional sharing economy. Moreover, #GSENetwork is set to become a second generation sharing economy which is a decentralized one.

Learn more about the project by following the links below ;
Website: https://gse.network/
Whitepaper: https://www.gse.network/static/media/whitepaper.pdf
Telegram: https://t.me/GSENetworkOfficial
Twitter: https://twitter.com/gselabofficial
Facebook: https://www.facebook.com/gsenetworkofficial

Writer: PLMovs
Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2035939
Eth address: 0xC23A42cB86E3a260b7bf119fAF914730beDaCBAf