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Peerby Connects Communities for Resource Borrowing

 - May 6, 2015
References: & mnn
Imagine this: you've decided to take on a home renovation project for the first time and have no tools at your immediate disposal—but rather than going to the store, you check out Peerby.

The sharing app puts bonding and borrowing before buying, since it is one of the few networks where zero funds are exchanged between users. Instead of being rewarded for doing a good deed with cash, neighbors simply get a nice feeling from helping out another local. Since many urban dwellers don't even know the names of their neighbors, the use of Peerby could also foster a greater sense of community overall.

As the sharing economy is now booming, peer-to-peer apps like this one are making it easy for consumers to save time, energy and money by pooling their resources.