The sharing economy has redefined the traditional business landscape, fostering collaboration and innovation in ways that were unimaginable a few decades ago. By leveraging technology to facilitate peer-to-peer exchanges of goods and services, this economic model promotes efficiency, sustainability, and community engagement. The Evolution of the Sharing Economy The concept of the sharing economy is not new; however, its proliferation and impact have surged with the advent of digital platforms. Historically, sharing was limited to close-knit communities. Today, technology enables sharing on a global scale, connecting individuals who need services or products with those willing to provide them. The evolution of the sharing economy can be traced back to the early 2000s, with the rise of companies like eBay and Craigslist that pioneered peer-to-peer exchanges. The subsequent development of mobile technology and social networks further catalysed this trend, leading to the emergence of more sophisticated platforms such as Uber, Airbnb,…
