HOME | CHECKOUT | ABOUT | FAQ | CONTACT US |
 
Welcome Guest [create an account] or log-in:
email
password

Chapter 13 Blockchain and the Future of the Sharing Economy A decentralized sharing economy

DOI: 10.23912/9781915097064-5101

ISBN: 9781915097064

Published: April 2022

Component type: chapter

Published in: The Sharing Economy and the Tourism Industry

Parent DOI: 10.23912/9781915097064-4970

10.23912/9781915097064-5101

Abstract

The sharing economy is a socio-economic system that has changed the meaning of sharing around the world. Similarly, blockchain technology has changed the way of doing business online. Trust was once the main problem in doing business online, while cutting out the middleman was another contentious issue, but the new Generation Z (Gen Z) wants to share more freely and securely. Blockchain is a disruptive technology and Gen Z is the future driver of the economy. Blockchain technology has enabled transactions to be decentralized, secure, and transparent in the sharing economy. Gen Z will be more comfortable with decentralized sharing economy business models in the future. In this chapter, the future of the sharing economy will be discussed under the disruptive technology of blockchain and Gen Z’s needs. The first part of the chapter will focus on Gen Z’s sharing economy perspective. The second part will cover the sharing economy’s transformation into digitalization. The third part will examine the details of blockchain technology and smart contracts. The fourth part is about blockchain technology working systems and models with smart contracts. Finally, the conclusion part of this chapter will deliver an overall evaluation of the integration of blockchain with smart contracts into the sharing economy, with the decentralized sharing economy’s benefits and future effects being discussed.

Sample content

Click here to download PDF

Contributors

For the source title:

Cite as

Yazici, 2022

Yazici, S. (2022) "Chapter 13 Blockchain and the Future of the Sharing Economy A decentralized sharing economy" In: Taheri, B., Rahimi, R. & Buhalis, D. (ed) . Oxford: Goodfellow Publishers http://dx.doi.org/10.23912/9781915097064-5101

References

Babkin, A., Golovina, T., Polyanin, A. & Vertakova, Y. (2018) Digital model of sharing economy: blockchain technology management, paper presented at the conference SHS Web, 28-29 August, Sanur, Bali.

https://doi.org/10.1051/shsconf/20184400011

Belarmino, A. & Koh, Y. (2020) A critical review of research regarding peer-topeer accommodation, International Journal of Hospitality Management, 84, 1-15.

https://doi.org/10.1016/j.ijhm.2019.05.011

Buhalis, D., Andreu, L. & Gnoth, J. (2020) The dark side of the sharing economy: Balancing value co‐creation and value co‐destruction, Psychology and Marketing, 37 (5), 689-704.

https://doi.org/10.1002/mar.21344

Chang, W. L. & Wang, J. Y. (2018) Mine is yours? Using Sentiment analysis to explore the degree of risk in the sharing economy, Electronic Commerce Research and Applications, 28, 141-158.

https://doi.org/10.1016/j.elerap.2018.01.014

Cinjarevic, M., Kozo, A. & Berberovic, D. (2019) Sharing is caring, and millennials do care: Collaborative consumption through the eyes of the internet generation, South East European Journal of Economics and Business, 14 (1), 49-60.

https://doi.org/10.2478/jeb-2019-0003

Davlembayeva, D., Papagiannidis, S. & Alamanos, E. (2019) Mapping the economics, social and technological attributes of the sharing economy, Information Technology and People, 33 (3), 841-872.

https://doi.org/10.1108/ITP-02-2018-0085

Dedeoglu, B. B., Taheri, B., Okumus, F. & Gannon, M. (2020) Understanding the importance that consumers attach to social media sharing (ISMS): Scale development and validation', Tourism Management, 76, 1-17.

https://doi.org/10.1016/j.tourman.2019.103954

Gatteschi, V., Lamberti, F., Demartini, C., Pranteda, C. & Santamaria, V. (2018) To blockchain or not to blockchain: That is the question, IT Professional, 20 (2), 62-74.

https://doi.org/10.1109/MITP.2018.021921652

Hawlitschek, F., Notheisen, B. & Teubner, T. (2018) 'The limits of trust-free systems: A literature review on blockchain technology and trust in the sharing economy', Electronic Commerce Research and Applications, 29, 50-63.

https://doi.org/10.1016/j.elerap.2018.03.005

Hawlitschek, F., Notheisen, B. & Teubner, T. (2020) A 2020 Perspective on the limits of trust-free systems: A literature review on blockchain technology and trust in the sharing economy, Electronic Commerce Research and Applications, 40, 1-3.

https://doi.org/10.1016/j.elerap.2020.100935

Karaarslan, E. & Konacaklı E. (2020) Data storage in the decentralised world: blockchain and derivatives', in S.Gülseçen, S.K. Sharma, & E. Akadal (eds.), Who Runs the World: DATA. Istanbul: Istanbul University Press, pp. 1-33. Mallinson, D. J., Morçöl, G., Yoo, E., Azim, S. F., Levine, E. & Shafi, S. (2020) Sharing economy: A systematic thematic analysis of the literature, Information Polity, 25 (2), 143-158.

https://doi.org/10.3233/IP-190190

McGowan, M. K. (2018) Preparing for Gen Z in the engineering workplace', ASHRAE Journal, 60 (11), 56-58.

Oflaz, N. K. (2020) Blockchain ecosystems in the sharing economy: an evaluation for the health services industry, in U. Hacıoğlu (ed.), Handbook of Research on Strategic Fit and Design in Business Ecosystems, Pennsylvania: IGI Global, pp. 520-544.

https://doi.org/10.4018/978-1-7998-1125-1.ch023

Pazaitis, A., De Filippi, P. & Kostakis, V. (2017) Blockchain and value systems in the sharing economy: The illustrative case of backfeed, Technological Forecasting and Social Change, 125, 105-115.

https://doi.org/10.1016/j.techfore.2017.05.025

Schroth, H. (2019) Are you ready for Gen Z in the workplace?, California Management Review, 61 (3), 5-18.

https://doi.org/10.1177/0008125619841006

Teigland, R., Holmberg, H. & Felländer, A. (2019) The importance of trust in a digital Europe: Reflections on the sharing economy and blockchains, in A. Bakardjieva Engelbrekt, N. Bremberg, A. Michalski, & L. Oxelheim (Eds.), Trust in The European Union in Challenging Times, Cham: Palgrave Macmillan, pp. 181-209.

https://doi.org/10.1007/978-3-319-73857-4_9

Tumasjan, A., & Beutel, T. (2019) Blockchain-based decentralized business models in the sharing economy: A technology adoption perspective, in H. Treiblmaier, & R. Beck (eds.), Business Transformation through Blockchain, Cham: Palgrave Macmillan, pp. 77-120.

https://doi.org/10.1007/978-3-319-98911-2_3

Wang, Z., Jin, H., Dai, W., Choo, K.K.R. & Zou, D. (2020) Ethereum smart contract security research: Survey and future research opportunities, Frontiers of Computer Science, 15 (2), 1-18.

https://doi.org/10.1007/s11704-020-9284-9

Yuan, Y. & Wang, F. Y. (2018) Blockchain and cryptocurrencies: Models, techniques, and applications, IEEE Transactions on Systems, Man, and Cybernetics: Systems, 48 (9), 1421-1428.

https://doi.org/10.1109/TSMC.2018.2854904

Available

Published in The Sharing Economy and the Tourism Industry

Hardback format [Details]Price: £95.00Copies / Delivery by post
Terms and conditions of purchase | Privacy policy