“Blockchain Based Decentralized Sharing

Economy Platform Using Smart Contract

Protocol”

Muhammad Rehman Shahid

17-NTU-4009

Supervisor: Dr. Sohail Jabbar

Co-Supervisors: Dr Rehan Ashraf
Dr Muhammad Hammoudeh
 “Blockchain Based Decentralized Sharing Economy Platform
Using Smart Contract Protocol”
Research Gap: Technology is making the sharing
economy business model more user friendly and efficient
but these are of centralized fashion. This style is
expensive, having bottleneck and is less secure. Moreover,
in the existing solutions, time is the only method to
calculate the cost of usage of resources. The most
emergent step of technology for connecting the products is
IoT that could be made secure and cost effective through
decentralized fashion of economy sharing in blockchain
technology. In this research work, we are giving a proof of
concept for implementation of sharing economy platform
in global perspective using smart contract in Blockchain
based decentralized environment
 “Blockchain Based Decentralized Sharing Economy Platform
Using Smart Contract Protocol”

Research Objective(s):
 To determine, how blockchain technology will be
used for cost calculation from data generated by IoT
devices in SEP
 To determine, how to transfer payment from a
customer account to supplier account through smart
contract protocol