Could non-ownership be the end of platform corporations like Uber?

Categories: social, economy

What? La’Zooz is an Israeli start-up that offers real-time carpooling services. It is distributed, existing only on the digital devices of its community of users via the blockchain, rather than on a central server.  No one owns it. People earn "zooz" tokens, a currency based on bitcoin, by turning on an app and being available to carpool. Tokens can also be earned by contributing to application development or by inviting friends to use the service. Users can then spend "zooz" when they need a ride.

So what? La'Zooz could be set to become a decentralized, autonomous corporation in which value is created and shared by members. It could be the next step in the sharing economy, one that involves more equitable sharing of value compared to for-profit platforms owned by investors. La'Zooz may challenge these platforms (such as Uber), either forcing them to reform their model of distribution or pushing them out altogether. It may also become a model for decentralized ownership in other sectors such as banking, insurance, or even government services.   

Source: La'Zooz: The Decentralized, Crypto-Alternative to Uber - Shareable

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Date modified

2017-03-29