Sharing communities – Community currency in the sharing economy

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Date
2020
Authors
Szemerédi, Eszter
Tatay, Tibor
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Abstract
For the further development and more efficient operation of the sharing economy, a fast and inexpensive peer-to-peer payment system is an essential element. The aim of this study is to outline a prototype that ensures the automation and decentralization of processes through smart contracts without blockchain technology. The model has been built based on the narrative that a community currency created through smart contracts can promote genuine practices of sharing as opposed to the profit-oriented approach that most of the currently operating sharing economy platforms have. Features of the model, such as ease of use, high-speed transactions without transaction cost are benefits that can provide a more efficient alternative to the traditional or to the cryptocurrency-based centralized sharing economy platforms.
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Keywords
közösségi gazdaság , helyi pénz
Citation
Society and Economy 2020 :(Nov. 10) 22 p. (2020)