Sharing is enjoying increasing popularity and acceptance. Around two thirds of people worldwide can imagine lending and borrowing things. Many start-ups from the sharing economy are increasingly using block chain technology for secure and simple exchange transactions. The conclusion of a contract to rent real objects – apartments, cars, bicycles or washing machines – can be fully automated by the block chain. Thanks to the mobile platform, every transaction is secure and user identities can be verified and authorized before signing a rental contract.
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