• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Price & Market
Cap Data from
Nomics Logo Nomics Logo
Bitcoinist.com
Join Student Coin ICO
No Result
View All Result
  • Home
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Trade
  • Play Games
  • Mining
  • Home
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Trade
  • Play Games
  • Mining
Bitcoinist.com
No Result
View All Result
Vanywhere Gives Blockchain a Go in Sharing Economy
Nexo

Vanywhere Gives Blockchain a Go in Today’s Sharing Economy

Bitcoinist by Bitcoinist
3 years ago
in Altcoin News, Blockchain, News, News teaser
0

The economic background, the modern society’s state of mind, and the technological progress altogether gave rise to a new concept — sharing economy. It is an economic model centered around the shared consumption of and usage of goods and services, a move away from actually owning things to renting them when needed. Generation Z is eager to feel free from the bonds of outside world. Now people prefer mobility to the benefits of settling down at one place. This new industry rarely sees a blockchain-powered solution: most of them are ironically traditional and centralized. This, however, is about to change with Vanywhere, a startup that uses blockchain to share expertise just like rides in Uber.


Sharing Economy in a Nutshell

Airbnb is widely regarded as the founding venture of an entire trend in sharing economy. The idea conceived by a couple of young designers received a massive support, and these days Airbnb is one of the world’s biggest platform for renting and leasing premises. Uber, on the other hand, solved the problem of taxi service monopolization in the U.S. and offered a more affordable ride option to people elsewhere. Any sharing economy project features convenience, mobility and multitasking capabilities.

The model eventually went beyond basic services like accommodation or mobility and came to the world of education. TED ED, Coursera, and Khan Academy have paved a new way for knowledge and skill exchange.

Skill sharing is one of the newest faces of sharing economy, as represented by blockchain-powered startup Vanywhere. Being somewhat an “Uber for education,” skill sharing per se employs the advantages of technology to enable people to share their expertise, learn new skills, and, say, take a few lessons of making gourmet pasta from an Italian chef, avoiding the communication problem and geographical restrictions. In such a system users can ask a specialist to help them compile gym schedule or create a unique fashionable image. However, this model has at least two weak points.

The first issue is the qualification of a teacher: how would one check if the person on the other side really knows a thing about fitness, makeup, or cooking gourmet meals? The other is the actual incentive for them, apart from sheer goodwill.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Nuts and Bolts

A suitable solution for these two problems, according to the creators of Vanywhere, is a P2P platform that combines the concepts of a freelance marketplace and online courses. Vanywhere platform connects “skillers” — experts, specialists, and regular people willing to share knowledge with the community.

To solve the problem of qualifications checks, the project uses testimonials and a ranking system. Each skiller gets one of three ranks that reflect the kind of their expertise and depend on the testimonials and rating. Professional skillers are well-trained people with several years of experience in a particular profession, like teachers or freelance coders. Influencer skillers are media influencers, followed by people who look up to them. Everyday skillers are just regular people, who possess some particular skill, whether a great music taste or a birdhouse building know-how.

As an incentive, the project introduced its VANY token on the Qtum blockchain. The token acts as a medium of exchange to reward skillers for their services. The blockchain-based implementation also solves several other transaction-related problems, such as high fees, geographical restrictions, and fraud.

Initially conceived as a blockchain-based method for experience exchange, Vanywhere eventually evolved into a skill sharing marketplace and freelance platform.

Still, that’s no less important, it signifies one of the first ever instances where a blockchain-powered startup has successfully entered the sharing economy.

For more information about Vanywhere and its upcoming token sale, please visit vanywhere.com and download the project’s whitepaper.

How will Vanywhere’s skill sharing platform impact how people learn online? Let us know in the comments below.


Images courtesy of Vanywhere

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Bitcoinist

Bitcoinist

Bitcoinist is the ultimate news and review site for the crypto currency community!

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
© 2021 Bitcoinist.com. All Rights Reserved.
  • Home
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Trade
  • Play Games
  • Mining

© 2021 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.