6.0 Project Overview

6.1 Introduction of S1LGR0 SHARE

Living in this millennial, we have been accustomed to raise awareness in pollution as well as economic development. One method of bettering both is through a sharing economy. This field of sharing economy is rising higher in demand.

S1LGR0 SHARE is a shared economy platform. The supply side to transfer the right to use goods or provide services that they can obtain a certain amount of monetary return, the demand side does not directly own the ownership of the goods, through rental or borrowed sharing to use the goods. Motivated to reduce economic pressure and obtain convenience.

6.2 Scope

The final product will be a web page, item lending or borrowing platform that also provides a rating features for easy navigation. In the first iteration, this network provides the following:

• Website homepages
• Create and View Listings
• Search results
• Example Product page
• My account page for basic information

To be introduced in latter iterations are out of scope features as below:

• Protection of personal information
• Product security measures
• Location Privacy
• Message platform to communicate wit other users
• Automatic location tracking of product

6.3 Glossary

This project uses words or phrases with following definitions:

Word	Definition
Platform	Web page network where the borrowing or lending arrangements are carried out
Borrower	User of the platform who wishes to borrow an item at a cost
Lender	Extension of a Borrower, who has additional lending abilities

6.4 Market objectives overview

• First target market: the website is suitable for adults who are able to navigate simple mobile functions and web platforms.
• Second target market: in more of a general sense, the site provides a platform for the elder to lend and borrow
• The website does not comply to: unidentified people, disreputable people, underage people.

6.5 Innovation of S1LGR0 SHARE

• utilising unused space:

  1. placing wind turbines in windy sheep farm space
  2. unused rooms Airbnb

• reusing disposed unwanted goods: eg-some companies will buy "scraps" for money to be revamped for better use.

• building on an idea to suit current needs/wants

  1. shouqianba - Chinese pronunciation application that is a integrated in alipay and wechat.

• it can solve more problems than not innovation: eg-traditional & Alipay/wechat.

• integration of multiple ideas.

• exploring a problem space in a new way.

• applying an existing concept to a new context.

• the ocean clean up project.