The internet is faceless, and for many people, this creates an issue of trust, especially where money is involved. But as the 21st century progresses, more and more people are turning to a sharing economy to make the most of their resources and, hopefully, to cut out that pesky MITM – the Men in the Middle – who so often snatch a slice of the pie.

With P2P (peer-to-peer) markets gaining in popularity those MITM are gone for good. And with the potential to record all transactions accurately and forever, Blockchain networks verify the trust between parties without requiring a judgment call.

Uber has demonstrated to the world that more people want to ride share than to own a vehicle themselves, but it does still rely on trust. Technology could offer a new approach to car sharing, by registering the cars themselves on a blockchain. People wanting to hire or borrow a trustworthy vehicle could do so without the Car Hire MITM. Also, because the blockchain records all transactions securely and immutably, the vehicle history would be transparent, helping to keep dodgy vehicles off the road.

A company called Darenta is planning a dapp which would combine smart contracts with geolocation, and has just launched its ICO. If the project works out, congestion, pollution and expenses could all be reduced.