Low-Power Wide Area Network NB-IoT LoRa Share Economy Click to Enlarge Image Sharing The economy is growing rapidly. As long as there is a gap between supply and demand, the sharing mode can all play a role. After low-power WANs such as LoRa and NB-IoT are commercially available , Access to network equipment increased, so that a large number of devices have a shared basis.
The shared economy model has been widely integrated into various industries in economic life and has drawn the attention of policy makers. Premier Li Keqiang emphasized in his 2016 government work report that we should vigorously promote the "new economy, including the shared economy, etc." "The rapid development of the area. Of course, the sharing economy is also able to scale rapidly with the maturity of basic technologies. The popularity of the Internet of Things has further expanded the scope of the shared economy. As a result, when we are familiar with low-power WANs such as LoRa and NB-IoT, the number of devices accessing the network has increased, leaving a large number of devices with a shared foundation. Today, we may explore some of the elements of sharing economy in low-power WAN applications.
Reduce information asymmetry, the Internet of Things is becoming a key factor in sharing economy
To bring up a shared economy, the general definition of it means that the institutions or individuals that have idle resources have the right to transfer their resources to others for redemption, the rewards are rewarded, and the sharers create value by sharing idle resources of others. The most typical representatives are Uber, Airbnb, Bicycles and other car, hotel sharing platform, it is these platforms to match the idle resources suppliers and demand side. According to "China's Sharing Economic Development Report 2016", China's shared economy in 2015 mainly focuses on the six major areas of finance, living services, transportation, production capacity, knowledge and skills, and short-term housing.
One of the key reasons why market economy always has inadequate allocation of resources is that information asymmetry, including supply and demand information, product quality information and consumer behavior information, are all black boxes. The supply and demand sides can not effectively obtain the specific information of each other. Even the existing mature economic platform for sharing, more is to reduce the asymmetry of supply and demand information, for product quality, the use of information can not be effective and transparent. The third-party platform in the shared economy bears the responsibility of formulating trading rules, reviewing the background of participants, issuing supply and demand information, coordinating functions and reducing transaction costs among participants. These platforms rely on mobile devices, evaluation systems, payment, positioning, etc. Technology to obtain more information, the more grasp of more credible information, the more we can guarantee the fair and orderly operation of the shared economy. At this point, to open all kinds of information "black box", the Internet of Things and its related industries has become a key factor.
Jeremy Rifkin described in his famous book Zero-Nocturnal Costs Society a shift in the mode of production and living brought about by the shared economy, including the distributed energy Internet, mass production, consumers, These formed a society of zero marginal costs, one of the key factors being the connection of devices and organizations in the tens of billions of billion to the Internet of Things.
Although people hold different views on the "zero marginal cost" society, it is obvious that IoT will be further reduced through IoT technology. All items that can be shared are embedded in the sensing device, communication device and cloud analysis function to make them a smart interconnection device. When they enter the sharing mode, the quality and usage behavior of the item are no longer in the Among the black box.
For example, when the sharing mode of short rental car is not available, the car information available to the short rental platform is provided unilaterally by the owner of the car and knows nothing about the key information such as car performance and maintenance status. , Car hire to get the car, the car's improper use of habits can not be timely supervision; and when the various types of vehicles with networking capabilities, the vehicle data sharing mechanism is formed, the initial state of the vehicle and the use of the situation can do To more transparent tracking of information, thus minimizing the risk of this sharing model.
Expand the scope of sharing, low-power wide area network to create a shared economy basis
Theoretically, as long as there is an imbalance between supply and demand, the sharing model can all play a role. However, transaction costs make the sharing mode of many items uneconomic. As the previous analysis, the Internet of Things greatly reduces the degree of information asymmetry, it also greatly reduces the transaction costs, so that many items can be shared mode. As a technology that complements the IoT network-wide major short-board, low-power WANs have greatly expanded the share of items that can be shared.
(1) to further extend the long tail part, so that more small quantities of items can be shared
At present, typical Uber and Airbnb with shared economic model are more economies of scale. The market for taxi, renter and demand side is relatively large, and economies of scale can make shared economic effect to a great extent. However, it is difficult to achieve a shared model for these long-tailed markets for small-scale, decentralized goods.
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