What is the 

Platform Economy?

In its broadest sense, the platform economy can be defined as economic activity facilitated by technology. This term therefore covers the increasing number of platforms which bring people together to provide services as well as sell and share goods. 

 

Such platforms are typically online matchmakers or technology frameworks which link supply and demand. These platforms do not own the means of production, but they create the means of connection.

 

In turn, this eco-system can be divided into three specific sub-sectors. 

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Platforms connecting individuals/

self-employed people with

each other to carry out services.

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Platforms connecting individuals/

self-employed people with each

other to rent, borrow or sell things

to each other.

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Platforms enabling individuals

to become self-employed or connect

with each other for financial services (including peer-to-peer loans and crowdfunding).