ABSTRACT
The concept of shared mobility has been gaining traction around the world representing an important segment within the sharing economy and environmental, social and economic sustainability. It not only makes life easier and reduces costs for those who need to commute, but also promotes carbon footprint reduction, smarter and more efficient cities and overall quality of life. A growing awareness in favor of more environmentally friendly products is seen, namely the alternative of electric vehicles. Younger generations have been increasingly emphasizing their autonomy and self-sovereignty giving preference to peer-to-peer relationships rather than centralized systems. Airbnb or Uber are good examples of this. The very concept of ownership has been changing over time with a preference for using the property without necessarily having to own it, where most of the time it is not even used. However, in this new type of distributed relationship networks, how can trust between the parties be ensured, in the absence of a third party to dictate business rules and coordination between the parties? This is where blockchain technology comes in, ensuring public verification, security, immutability and transparency of data, as well as cost efficiency, disintermediation and instant settlement between parties. The main purpose of this work is to gauge how blockchain technology can foster the adoption of carsharing compared to legacy models.
