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A Commons-compatible Implementation of the Sharing Economy: Blockchain-based Open Source Mediation

Topics: Blockchain, Fintech and Mobile Payments; Future Business Models, Trends and Development; Integration of Finance, Economics, Management And/Or IT Business; Technological Forecasting and Social Change; Technologies for Finance, Economics, Management And/Or IT Business

Authors: Petra Unterberger 1 ; Manfred Mayr 2 ; Maximilian Tschuchnig 2 and Peter Haber 3

Affiliations: 1 Business Development & Economics, Salzburg University of Applied Sciences, Puch/Salzburg, Austria ; 2 Business Informatics, Salzburg University of Applied Sciences, Puch/Salzburg, Austria ; 3 Information Technology & Systems Management, Salzburg University of Applied Sciences, Puch/Salzburg, Austria

ISBN: 978-989-758-422-0

Keyword(s): Sharing Economy, Blockchain, Commons, Platform Economy, Network Economy.

Abstract: The network economical sharing economy, with direct exchange as a core characteristic, is implemented both, on a commons and platform economical basis. This is due to a gain in importance of trust, collaborative consumption and democratic management as well as technological progress, in the form of near zero marginal costs, open source contributions and digital transformation. Concurrent to these commons-based drivers, the grey area between commerce and private exchange is used to exploit work, safety and tax regulations by central platform economists. Instead of central intermediators, the blockchain technology makes decentralized consensus finding, using Proof-of-Work (PoW) within a self-sustaining Peer-to-Peer network, possible. Therefore, a blockchain-based open source mediation seems to offer a commons-compatible implementation of the sharing economy. This thesis is investigated through a qualitative case study of Sardex and Interlace with their blockchain application, based on e xpert interviews and a structured content analysis. To detect the most commons-compatible implementation, the different implementation options through conventional platform intermediators, an open source blockchain with PoW as well as Interlaces’ permissioned blockchain approach, are compared. The following confrontation is based on deductive criteria, which illustrates the inherent characteristics of a commons-based sharing economy. (More)

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Paper citation in several formats:
Unterberger, P.; Mayr, M.; Tschuchnig, M. and Haber, P. (2020). A Commons-compatible Implementation of the Sharing Economy: Blockchain-based Open Source Mediation.In Proceedings of the 2nd International Conference on Finance, Economics, Management and IT Business - Volume 1: FEMIB, ISBN 978-989-758-422-0, pages 72-79. DOI: 10.5220/0009345600720079

@conference{femib20,
author={Petra Unterberger. and Manfred Mayr. and Maximilian Tschuchnig. and Peter Haber.},
title={A Commons-compatible Implementation of the Sharing Economy: Blockchain-based Open Source Mediation},
booktitle={Proceedings of the 2nd International Conference on Finance, Economics, Management and IT Business - Volume 1: FEMIB,},
year={2020},
pages={72-79},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009345600720079},
isbn={978-989-758-422-0},
}

TY - CONF

JO - Proceedings of the 2nd International Conference on Finance, Economics, Management and IT Business - Volume 1: FEMIB,
TI - A Commons-compatible Implementation of the Sharing Economy: Blockchain-based Open Source Mediation
SN - 978-989-758-422-0
AU - Unterberger, P.
AU - Mayr, M.
AU - Tschuchnig, M.
AU - Haber, P.
PY - 2020
SP - 72
EP - 79
DO - 10.5220/0009345600720079

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