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‘Sharing Economy’ Startup ShareRing Tapped for China’s Blockchain Service Network

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  • ‘Sharing Economy’ Startup ShareRing Tapped for China’s Blockchain Service Network

    ShareRing, a blockchain-powered platform for the “sharing economy” pioneered by the likes of Uber and Lyft, was picked to join China’s state-backed blockchain initiative, the Blockchain Service Network (BSN).

    According to a press release emailed to CoinDesk, ShareRing has developed a custom blockchain-enabled platform that can help integrate services such as travel, insurance, logistics and marketplaces into one shared platform.
    The firm’s press release said in partnership with BSN, ShareRing will work to reduce barriers to entry in the blockchain services sector by helping businesses and developers deploy the firm’s enterprise-ready sharing ecosystem, which it claims can help lower the time and cost associated with integrating blockchain into traditional platforms.

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