Abstract: This article represents changing opinion of people in relation to sharing of assets and services. Article highlights how people is giving preferences to innovative concept of sharing economy over traditional sectors. It covers major classification, platforms and areas of sharing economy. Article gives importance to successful progression of Sharing economy .Additionally it traces some rewards from sharing economy like low-cost Goods and chattels, increases an effective environment of cooperation and coordination for communities ,as everything comes with some concerns; same is the case with sharing economy it has some complications like privacy of people are hampered, time is wasted etc. People are dependent on sharing economy platforms .Additionally sharing economy is having bright future in the India and abroad. Some suggestions are given and conclusions are drawn.
Keywords: Sharing Economy, platforms, progression, rewards and difficulties.
Title: Sharing Economy: “Decentralized Ecosystem for New Age Businesses”
Author: Dr. Aanchal Bhardwaj
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
Research Publish Journals
