GLOBAL SUSTAINABLE CONSUMPTION GOVERNANCE OF THE DIGITAL SHARING ECONOMY

We rely on Sundararajan (2016) to prove that the sharing economy is the present stage of a constant progress of the economy and society that is influenced to some extent by digital technologies. The latter take individuals back to recognizable sharing conducts, self-employment, and types of community-based network that survived before now: an enhanced type of something recognizable should gain boundless acceptance swiftly and have superior economic consequence than the creation of completely novel consumption practices or patterns of hiring. We attempt to address these increasing aspects by elaborating on the aspect that the variety of conducts and organizations that constitutes the sharing economy is a preceding illustration of a time to come in which peer-to-peer network becomes progressively predominant, and the crowd substitutes the company at the heart of capitalism. We develop primary empirical research for the principal case study that determines that the proficiencies of crowd-based capitalism make possible an economy that depends gradually on peer-to-peer platforms to regulate economic operations. We use meta-analysis to inspect evidence proving that rising blockchain technologies might reshape crowd-based capitalism, repositioning the crowd from being the origin of delivery to being the go-between that organizes and jointly dominates the market, but they may drive a novel phase of peer-to-peer markets and digital disorder.