Cars sit idle most of the time, but thanks to the decentralized blockchain system that supports cryptocurrencies like Bitcoin, people can safely and easily monetize their vehicles while they’re not using them. An example of this is Turo, a new peer-to-peer car rental marketplace that currently list about 150,000 vehicles. Instead of renting a car, a person could rent their neighbor’s vehicle. The renter saves money by avoiding big rental companies, and the owner gets a little extra income. See here’s how blockchain technology is making peer-to-peer car rental possible.
How the blockchain could usher in a future of shared mobility
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