Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Add IP Addresses to the List of Money-Makers in the Sharing Economy

Published 11/06/2018, 07:19 AM
Updated 11/06/2018, 08:20 AM
© Reuters.   Add IP Addresses to the List of Money-Makers in the Sharing Economy

© Reuters. Add IP Addresses to the List of Money-Makers in the Sharing Economy

While just about everybody these days has caught on to the usefulness of apps like Uber and Airbnb, it seems that the majority of people are still entirely unaware of the true scope of the sharing economy.

You see, apartments and ride shares are really just the tip of the iceberg. What’s hidden beneath the surface is a whole world of digital assets that can be generating passive income for sellers and being sourced economically by buyers.

The two best known digital assets in the sharing economy are storage space and computing power. You might be surprised to learn, however, that there’s actually a third digital asset with a multi-billion dollar market… IP addresses.

That’s right, the little string of numbers that identifies your computer online is actually worth money - potentially lots of it. Now, thanks to a company named IPSX, it’s possible to rent or share unused IP addresses in an efficient, decentralized marketplace.

The IPSX Exchange Platform

Businesses such as data mining companies and VPN service providers need to have networks of IP addresses spread across the globe. But they are currently facing a handful of serious problems including lack of access to enough IP addresses to meet peak demand, lack of transparent pricing, low quality of IPs, inflexible contracts, and poor overall user experience.

IPSX’s IP exchange changes all of that. It is a blockchain-based, fully automat...


This article appeared first on Cryptovest

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.