Blue Whale will empower the sharing economy by creating a decentralized ecosystemю.The Blue Whale Network – for the community of Blue Whale Traders. Targeting the sharing of both tangible and intangible assets, Blue Whale’s sharing economy platform will actualise the true objectives of the sharing economy.With blockchain technology, it is now possible to build a trustless network whereby there is no longer a need for a centralized authority to manage contracts on the network. It is possible to provide freelancers with the exact same functions which
these online platforms currently do: but without the concentration of power into the hands of a few rentiers.
The Blue Whale Network will establish a Referral System using the diverse Ad Network. Corresponding Ad Network Referral data will use Blue Whale Network’s Oracle (a trusted connection between the blockchain and the real world) to connect to the blockchain. This allows different sharing platforms to secure advertising and commission agreements using the Smart Contract, and to earn compensations through the Referral System. For instance, an AirBnB host posting an ad for Uber on their page can earn Referral rewards if a customer uses Uber by accessing the ad. In deciding the advertising exposure rate of each service provider, the service provider’s BP share, exposure frequency, and other factors including random selection will be combined. The reason for including random selection into exposure rate calculations is to help smaller BP shareholders to have a fair chance of being discovered on the Ad Network.
