Smart-CPR: Self-Organisation and Self-Governance in the Sharing Economy

Abstract

The increasing automation and capacity of communication of industrial systems brings new possibilities and challenges to the sector. We investigate a problem of distributed and collective supply and discuss solutions to the issue of fair and reliable decision making in open systems. By combining principles of social organisation with blockchain and smart-contract technologies, we show that it is possible to develop a system for common-pool resource management able to take quick decisions on an industrial scale, while ensuring cooperation and self-organising strategies that encourage compliance. Our results demonstrate that our model -- the Smart-CPR - is able to distribute resources efficiently and is capable of detecting and punishing non-compliant or unhelpful behaviour.