Companies like AirBnB, Tujia and Wimdu offer people a way to temporarily exchange goods (including their own private homes) for an economic consideration.
The problem is that it is almost impossible to secure one's values and assets on these platforms.
Together, the startup Stratumn, the consulting and professional services company Deloitte and the payment service provider Lemonway have recently presented a solution enabled by blockchain technologies called LenderBot.
It is a micro-insurance designed specifically to protect service customers who fall under the broad umbrella of the sharing economy. LenderBot allows people to subscribe to customized micro-insurance simply by chatting via the Facebook Messenger App.
The objective is to ensure high value products exchanged between individuals, eliminating the intervention of a guarantor authority (super partes) in the insurance contract.