And with the concept of the Sharing Economy by Marcus Felson and Joe Spaeth, both of whom are social scientists at the University of Illinois at Urbana-Champagne, today, this concept reflects the ability to generate income from the exchange of goods or services. With economic value from unused resources between individuals and groups through various digital platforms. For example, assets such as accommodation, cars or cash.
Which of course Sometimes we don't use it all the time. And we want to use these assets to generate income while the other side there are also those who want to use the said assets. Thus, a platform-based intermediary was born. To match the needs of those who have resources and who in need.
SmartdebitX is a intermediary financial platform formed to match the needs of people who have financial resources and those who want to use financial resources to match each others on the concept of Sharing Economy.
SmartdebitX is a intermediary financial platform formed to match the needs of people who have financial resources and those who want to use financial resources to match each others on the concept of Sharing Economy. What is SmartdebitX? We are just a non-bank intermediary platform. It is an intermediary between people who have excess assets and want to generate income. ㆍ SmartdebitX is not HYIP or venture capital nor direct sales network company. SmartdebitX will link the global capital circulation between service provider group and user groups with a transparent and auditable financial system via blockchain.
1. Peer-to-Peer Lending (P2P Lending)
Lending money between individuals through online platforms, allowing financial resources to be shared from those with excess capital to those in need of loans without involving traditional financial institutions.
2. Crowdfunding
Raising funds from a large group of people through online platforms to support new projects or innovations. This method distributes risk and creates financial opportunities for entrepreneurs or project creators.
3. Decentralized Finance (DeFi)
Using blockchain technology to create a financial system that doesn’t rely on intermediaries such as banks or financial institutions. It allows individuals to borrow, lend, or conduct other financial transactions freely. DeFi applies the concept of the sharing economy to create a democratic platform for accessing financial services.
4. Financial Marketplaces
Creating a marketplace for various financial services, such as insurance, savings accounts, or investments, where users can compare and select services from multiple providers.
5. Renting Financial Resources
Sharing or renting financial resources, such as renting accounts or financial services only when needed.
6. Digital Wallets and Microfinancing
Using digital wallets to share small financial resources within communities or close-knit groups, such as lending small amounts through applications or pooling money collectively for investment or shared expenses.
Applying the sharing economy to finance helps people access capital or financial services more easily, reduces the risk of overusing resources, and promotes the creation of a more sustainable society.
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