Bitcoin 2.0 is Key to the Success of the Collaborative Economy

Feb 7, 2014
Sander Duivestein

As we head into 2014, one trend will tower above them all: the power shift from big, centralized, bureaucratic hierarchies to technology driven distributed networks of individuals and communities.This shift happens in two phases of sharing. The first phase started with social media. By using all kinds of social media, like Facebook, Twitter, Pinterest and Snapchat, peope are now used to share their thoughts and media online. The second phase is the sharing of the physical world, the sharing of products, services and technology in the same seamless manner when using social media. AirBnB, Uber, Lyft, Kickstarter, TaskRabbit and Coursera are the first companies that are guiding us into this future. Jeremiah Owyang, a former Forrester analist, has dedicated his working life to this movement. He defines this Collaborative Economy as follows: “The Collaborative Economy is an economic model where ownership and access are shared between people, startups, and corporations.”

By sharing ideas, media, products, services and technology “the Collaborative Economy focuses on eliminating excess and waste in today’s overbuilt and over-owned world.” We are entering a new era of human-to-human commerce where companies and governments are no longer “the middle man”. “The future will be less of a “one-to-one” or “one-to-many”, and more of an “all- for-one”, “one-for-all” model where everyone benefits that participates.” The role of the company in this new economy is changing rapidly. The crowd is the new company and Bitcoin 2.0 will be the frictionless and transparent mechanisme that empowers these new kind of companies in the Collaborative Economy. “It’s a massive paradigm shift in how we live, work, play, travel, create, learn, bank and consume.” Is your business ready to be disrupted?

About the author

Trend Watcher – New Media, Trend Analyst VINT | Netherlands
Sander Duivestein (1971) is a highly acclaimed and top-rated trendwatcher, an influential author, an acclaimed keynote speaker, a digital business entrepreneur, and a strategic advisor on disruptive innovations. His main focus is the impact of new technologies on people, businesses and society.

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