Peer-to-peer renting
Peer-to-peer renting refers to the process of an individual renting an owned good, service, or property to another individual. It is also referred to as Person-to-Person rental, P2P renting, Collaborative Consumption, the sharing economy and Product Service System. The term is mainly used to describe online enabled rental transactions between individuals. Individuals have been renting from each other for decades, particularly in the real estate domain, however, with the Internet acting as a facilitator, there is a growing trend of websites that offer to facilitate peer-to-peer rental transactions. The term Peer-to-peer renting is inspired from the computer networking term Peer-to-peer, which allows cumulative network bandwidth through direct and multiple connectivity between users. Peer-to-peer renting services and Platforms are usually online marketplaces connecting individuals and enabling rental transactions between them. See also[edit] Notes and references[edit] External links[edit]
Collaborative consumption
A sharing economy takes a variety of forms, often leveraging information technology to empower individuals, corporations, non-profits and government with information that enables distribution, sharing and reuse of excess capacity in goods and services.[1] A common premise is that when information about goods is shared (typically via an online marketplace), the value of those goods may increase, for the business, for individuals, and for the community.[2] Collaborative consumption as a phenomenon is a class of economic arrangements in which participants share access to products or services, rather than having individual ownership.[3] The collaborative consumption model is used in marketplaces such as eBay, Craigslist, Tradepal and Krrb, emerging sectors such as social lending, peer-to-peer accommodation, peer-to-peer travel experiences, peer-to-peer task assignments or travel advising, car sharing or commute-bus sharing.[4] Scope[edit] Types of collaborative consumption[edit] History[edit]
Collaborative Consumption
Defining P2P as the relational dynamic of distributed networks
2.1.A. Defining P2P as the relational dynamic of distributed networks Alexander Galloway in his book Protocol makes an important and clear distinction between centralized networks (with one central hub where everything must pass and be authorized, as in the old telephone switching systems), decentralized systems, with more than one center, but these subcenters still being authorative (such as the airport system in the U.S. centered around hubs where planes must pass through), from distributed systems, where hubs may exist, but are not obligatory (such as the internet). So: what is peer to peer? P2P processes are not structureless, but are characterized by dynamic and changing structures which adapt themselves to phase changes. P2P is a network, not a pyramidal hierarchy (though it may have elements of it); it is 'distributed', though it may have elements of hierarchy, centralization and 'decentralization'; intelligence is not located at any center, but everywhere within the system.
Characteristics of P2P
3.3.C. Beyond Formalization, Institutionalization, Commodification Observation of commons-based peer production and knowledge exchange, unveils a further number of important elements, which can be added to our earlier definition and has to be added to the characteristic of holoptism just discussed in 3.4.B. In premodern societies, knowledge is ‘guarded’, it is part of what constitutes power. Guilds are based on secrets, the Church does not translate the Bible, and it guards its monopoly of interpretation. With the advent of modernity, and let’s think about Diderot’s project of the Encyclopedia as an example, knowledge is from now on regarded as a public resource which should flow freely. Again, peer to peer appears as a radical shift. If there are formal rules, they have to be accepted by the community, and they are ad hoc for particular projects. A second important aspect is de-institutionalization. Please note my semantic difficulty here.
