What it takes to power the 2nd generation of the sharing economy.

Exploring the technologies behind GSENework. Every time you type in your credit card details into that input form to request a service, you're taking a risk because you have no idea where that data will end up. For all you know your credit card data could end up on a criminal network or a carding forum where criminals use your numbers to make fake cards and then go make purchases. Unfortunately, the criminal bosses ask the purchasers to only buy luxury and expensive items to recoup all their costs, so guess who's going to be paying for a Rolex they've never owned! You are! And it's scary.

All this could be avoided though, and it's a simple as using blockchain, GSENetwork understands that for the sharing economy to go mainstream it needs to get rid of the trust gap that exists between different parties. The company's main goal is to create a decentralized, trustworthy and dependable shared economic network. The platform will concentrate on integrating the digital and real worlds of the sharing economy by using a solid incentivization program, tokenization, a smart contract technology and a complex certificate economy design.
To make sure all this happens seamlessly, the company has decided to go with a three-pronged approach. The trust network, that is built upon by the users themselves, an incentivization model that uses a proprietary green mining technique that basically automatically mines GSE Tokens for the user based on how well they engage with the Network. The last part and probably the most important one is the DService that functions as the main infrastructure for the network.

Short for the decentralized service, the DService layer will lie between the application and mainchain layers and it will provide the foundation for all the smart contract technologies that power the platform. This company plans to open their SDK to allow developers to play around with the smart contract templates provides as well as create software packages and applications that will add extra value to the network. The DService layer is made up of five parts:

The pricing module

- Allows people to set the price adjustment rule.
The multi-dimensional user profile rating system - which analyzes user data to come up with their credit info as well as their engagement info.

The order dispatch module

- This module mostly performs a matching role pairing user according to their order score and credit score. People with good credit ratings are matched with users with good order score. It's denoted as Order (credittx, credity, O, alg)

The foundational contract module

- This component is one of the most important ones as it utilizes DService's smart contract template to provide services to the platforms users.

The anti-fraud module

- Which ensure security is always maintained between transactions

All these modules work in tandem to create a solid and robust middleware technology for GSENetwork.

Here's how the tokens will be distributed.

Of the 100 billion tokens that were created - (Disclaimer alert According to Coingecko there are only 19.6 billion tokens) - 40% (40.000.000 tokens) will go towards developing the ecosystem, some tokens from this portion will go into developing key partnerships, - the next 40% will be split equally between supporting the community and rewarding private investors. The last 20% will be divided will be given to the team and to all the advisors, with the team getting the larger slice of the pie - 15 billion tokens to be exact. The advisors will get 5 Billion.

In Conclusion.

GSENetwork is creating a truly independent network just for the sharing economy, where users and service providers can and will conduct transactions without fear, all without the need of an intermediary. How could you not want to be a part of that. One token is priced at $0.006684 USD.

For a shorter description check out the company website
For a longer description check out the company's - 34 paged - Whitepaper
The company is also urging you to follow and engage with their regularly updated social media platforms to be the first to know of any updates or important information.
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Disclaimer: This Blog is my own View and should not be taken as a financial advise by any means. Like in every other Investments opportunities, Please Do Your Own Research (DYOR)