Trust, Transparency and Security in the Sharing Economy: What is the Government's Role?

To obtain access to goods or services between people or stakeholders, some collaboration between actors is a necessary component. Sharing and a sharing economy is closely related to trust. Within the context of 'the' sharing economy, especially digital trust is assumed to play a crucial ro...

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Main Authors: Ruben D’Hauwers, Jacobus van der Bank, Mehdi Montakhabi
Format: Article
Language:English
Published: Carleton University 2020-05-01
Series:Technology Innovation Management Review
Subjects:
Online Access:https://timreview.ca/timreview.ca/article/1352
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author Ruben D’Hauwers
Jacobus van der Bank
Mehdi Montakhabi
author_facet Ruben D’Hauwers
Jacobus van der Bank
Mehdi Montakhabi
author_sort Ruben D’Hauwers
collection DOAJ
description To obtain access to goods or services between people or stakeholders, some collaboration between actors is a necessary component. Sharing and a sharing economy is closely related to trust. Within the context of 'the' sharing economy, especially digital trust is assumed to play a crucial role. Access to information is a crucial digital cue which can lead to trust yet, sharing economies are subject to asymmetry of information, wherein certain actors have limited access to market information on the consumption behaviour of users, the pricing of a product and, the reliability of peers. The lack of confidential market information between actors is thus limiting the potential for collaboration, as it reduces trust between them. Governments are amongst the (usually more trustworthy) candidates to undertake critical roles in enhancing the sharing of sensitive data. This paper aims to identify the role of government in facilitating and enabling data sharing between various actors in sharing economies. In this paper, we analyse the adequacy of a government's potential role in enabling transparency, trust and security, while operating within a sharing economy scenario, based on two case studies. Additionally, the role of technology is briefly defined for digital platforms and for blockchain-based opportunities for sharing economies. The use cases for the paper concern a digital platform for industrial symbioses, and peer-to-peer electricity trading based on blockchain technology.
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spelling doaj.art-56ac31c1cd114932be09d19f38f82a7d2022-12-21T23:18:22ZengCarleton UniversityTechnology Innovation Management Review1927-03212020-05-01105517http://doi.org/10.22215/timreview/1352Trust, Transparency and Security in the Sharing Economy: What is the Government's Role?Ruben D’Hauwers0Jacobus van der Bank1Mehdi Montakhabi2 Free University of Brussels Free University of Brussels Free University of Brussels To obtain access to goods or services between people or stakeholders, some collaboration between actors is a necessary component. Sharing and a sharing economy is closely related to trust. Within the context of 'the' sharing economy, especially digital trust is assumed to play a crucial role. Access to information is a crucial digital cue which can lead to trust yet, sharing economies are subject to asymmetry of information, wherein certain actors have limited access to market information on the consumption behaviour of users, the pricing of a product and, the reliability of peers. The lack of confidential market information between actors is thus limiting the potential for collaboration, as it reduces trust between them. Governments are amongst the (usually more trustworthy) candidates to undertake critical roles in enhancing the sharing of sensitive data. This paper aims to identify the role of government in facilitating and enabling data sharing between various actors in sharing economies. In this paper, we analyse the adequacy of a government's potential role in enabling transparency, trust and security, while operating within a sharing economy scenario, based on two case studies. Additionally, the role of technology is briefly defined for digital platforms and for blockchain-based opportunities for sharing economies. The use cases for the paper concern a digital platform for industrial symbioses, and peer-to-peer electricity trading based on blockchain technology.https://timreview.ca/timreview.ca/article/1352blockchaingovernmentnetworkp2ppeer-to-peersharing economytrust
spellingShingle Ruben D’Hauwers
Jacobus van der Bank
Mehdi Montakhabi
Trust, Transparency and Security in the Sharing Economy: What is the Government's Role?
Technology Innovation Management Review
blockchain
government
network
p2p
peer-to-peer
sharing economy
trust
title Trust, Transparency and Security in the Sharing Economy: What is the Government's Role?
title_full Trust, Transparency and Security in the Sharing Economy: What is the Government's Role?
title_fullStr Trust, Transparency and Security in the Sharing Economy: What is the Government's Role?
title_full_unstemmed Trust, Transparency and Security in the Sharing Economy: What is the Government's Role?
title_short Trust, Transparency and Security in the Sharing Economy: What is the Government's Role?
title_sort trust transparency and security in the sharing economy what is the government s role
topic blockchain
government
network
p2p
peer-to-peer
sharing economy
trust
url https://timreview.ca/timreview.ca/article/1352
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