Friends with benefits: P2P insurance

Technological development affects the way we can organize insurance. A new development is Peer to Peer insurance, which is basically a self-organization of customers to organize their insurance and bypassing the big insurance companies. This will lead to lower costs for the consumers since it does not pay for the large overhead of financial organizations. […]

Street maps as public goods

Most of the readers might be used to use their gps powers smart phone to look up directions on a detailed and up to date map. However, this does not exist everywhere. In the slumps of our world there is a lack of good maps, which are essential for economic prosperity (like deciding what kind […]