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Friday, December 22, 2017

Role of Technology in sharing economy

Technology has very important role as sharing economy. Today I am not talking about developed countries. I will give you example of sharing economy in under developed country.
For example, Asian countries (India/ Pakistan) don’t have car pool system (Separate Road lan) on their 95% roads because both countries have very narrow road structure. Pakistan uses
Tripda app for carpooling system. It allows people to offer and accept rides easily via smartphone. If you have regular route to office or are simply going to another city and want to split cost, offer your ride on Tripda and interested people would contact you. Security is big concern in Pakistan but from 2014 to 2017, has not been reported a single incident. Tripda estimates that their platform saved 6 million rupees and reduced carbon emission by 180k KG which is equal to planting 413 trees.

It started in 13 countries including USA. It does not work in U.S because gas and tolls are cheaper than other countries which mean there is less incentive for drivers to share their rides.

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