GSENetwork: decentralized sharing economic ecosystem

They have been a rapid increase at the rate at which the internet is been used over the past years and even currently today.

The internet has prove to be a platform that facilitate the genesis and rise of the sharing economy.

Over the past years,these sharing economic platform have seen a phenomenal growth which has resulted to economic benefits,increase in environmental and social awareness.

It have provided many incomes to the users and also given them opportunity to profit from the under utilized assets such as apartment space or spare cars and bikes.

It has transformed the employment market making provisions for micro entrepreneurs to be able to utilize their skills ,resources and services.

The sharing economy have many benefits to its participants such as providing them with flexibility and autonomy,offering them additional incomes and many uncounted benefits.

The platform has grown in numbers and in scale and that is how the challenges have also increase which is now affecting the whole ecosystem.

This is where the GSENetwork comes in to help solve the currently existing challenges that the sharing economy platform have been facing and this challenges is really affecting the users of the platform and also at same time limiting its full potential and hindering the growth of the platform.

The GSENetworks aim is to create decentralized trust network for sharing economics based on the blockchain technology.

THE BLOCKCHAIN TECHNOLOGY

The GSENetwork wants to use the blockchain technology system as enabler to facilitates the secure exchange of value in a decentralized manner thereby removing the need of a central intermediary.

The blockchain system is so unique that it has the ability to run software applications such as the smart contract and it always carry this out in a secure and decentralized peer to peer network and this is not controlled by any central party.

These blockchain applications have the capability to govern ,allocate and also co ordinate resources and activities and also at same time facilitate the interactions of all applications with out the help of any arbitration.

The GSENetwork wants to make the sharing economy platform a decentralized structure which encourages usage of the platform through the distribution of rewards.

The platform believes that a decentralized sharing economy will bring out the whole concept of a true sharing economy thereby facilitating the creation of even more innovation and community driven application.

The GSENetwork is going to make use of the next generation sharing infrastructure and they include

(1) Decebtralized service platform (Dservice):.. This acts as a key enabler that shares economy business on the blockchain by making provision of a robust distributed service infrastructure for then to build on.

(2)Trust Network:.. The GSENetwork wants to make use of their tokens and incentives to increase the users interactions thereby allowing the GSE platform to be able to document the users activities and behaviour and they will use these to create a holistic trust profile of all their users.

(3)The platform will make use of some technologies that will be able to redistribute the externalities that is created by the ecosystem back to the contributors. When users receive incentives that is in form of GSE tokens through the process of green mining activities ,they will be motivated to increase their participation rate and thus engaged more in the sharing economy.

THE GSE TOKEN

The token is GSE and the platform will produce certain amount of this token in a fixed period of time. The number of tokens produce will be distributed among the contributors of the sharing economy.

This token is designed to be used only on GSENetwork and it can be used as unit of exchange for all services on the GSE network. The token is a utility and none refundable token and it does not represent any shareholding participation rights or even interest.

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