GSENetwork | Breeds Trust for Shared Economies

Independence is what every sane being wants in life. He wants freedom to do as he pleases and for his wishes to become commands. The internet was quite saturated with regulations from different channels.

There was however revolution that changed all these. Known as Web 2.0, the seeming outcome of this approach brought powers down to the end-user. Web 2.0 had come a long way and its footprint is seen in most online platforms. Users are allowed to create contents that they want without any screening to that effect.

On the other hand, there is the economic terminology sharing economy. The idea behind this economic model was to bring creation, distribution and acquisition of products on Peer-to-Peer basis. To this effect, you don’t need a foot-soldier to do the work for you. You simply interact with other users. Sharing economy had been of immense benefit and had taken different variations such as Mergers and Acquisitions.

Although sharing economy had provided extra income to its participants, it has its fair share of problems. Though the approach was decentralized, it should be noted that centralized platforms are behind it. Hence, they still have some regulations over what happens therein. In the same regard, there’s tendency of a company becoming complacent in the light of less competitions.

Equally, there is bias on the intermediary’s part. Most times, he pitches tent with the end-user against shared partners. For every business to thrive there should be trust. In the light of all these downsides, it might seem foolhardy using the sharing economy. These and many other problems were propellers for GSENetwork.

The Platform

GSENetwork haven recognized some of sharing economy’s pressing needs, developed a three-pillar framework to solve these downsides. The platform’s goal is to launch Sharing Economy 2.0. This second generation sharing economy will be powered by the chain technology.

Three Wise Men

These three pillars will be discussed here. By their implementation, GSENetwork will achieve its core aim, Below are Explanations of each:
✓ DService: Decentralized Service platform is one out of GSENetwork’s solution to traditional sharing economy. The idea is to develop an efficient distribution platform that will facilitate development of sharing economy on the block chain. DService serves as the thin line mediating between layer apps and the chain itself. It comprises multiple contracts for efficiency.

Same way, it empowers developers for DApps creation just as its uses cases are in pricing, order dispatching, multi-dimensional user profile rating and anti-fraud modules.

✓ Incentive Model: Next on the list is the reward mechanism known as Incentive Model. This is implemented through green-mining. GSENetwork’s green mining concept implies that consistency of transactions equates to more mining of its token. Part of this is allocated to its users.

The platform had tested its popularity and the possibility of this project before its full adoption. It had earlier partnered with ofo; a traditional sharing economy platform. The success of this partnership propelled GSENetwork’s team in seeking for more partnerships. These partnerships are expected to come from traditional sharing economy platforms.

✓ Trust Network: At the core of every business is trust. GSENetwork is working towards and its Trust Network is an outcome of its efforts. Through its incentive model, it targets getting multiple user engagements. These engagements will be analyzed to determine the behavioral pattern of each user. Afterwards, users will be disposed to select the sort of data they wish to see o the platform.

The obvious transparency and P2P model of GSENetwork is one out of many reasons it asserts itself as being fully decentralized and without bias.

Token Specifications

Ticker: GSE
Platform: Ethereum
Total Token Supply: 100 billion GSE

PARTNERSHIPS

TEAM & ADVISORS

The GSENetwork Team is compromised of accomplished individuals from different fields, they all brainstormed and came out with this Revolutionary project. The GSENetwork Team Compromised of 17 Amazing Individuals and a 4 Accomplished Advisors, You can view their full details Here.

To learn more about this Revolutionary project, check the links below:

Website: https://gse.network
Whitepaper: https://www.gse.network/static/media/whitepaper.pdf
Medium: https://medium.com/@gselabofficial

Social Media

Twitter: https://twitter.com/gselabofficial
Reddit: https://www.reddit.com/r/GSENetwork
Telegram: https://t.me/GSENetworkOfficial

Writer

Name: Collinberg
Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=1532780
Eth Address: 0xDdE65B61ebBC4464eD7E313f1811353f99ccd214