Smart City Marketplace
| Reference number | |
| Coordinator | KUNGLIGA TEKNISKA HÖGSKOLAN - Avdelningen för industriell ekologi |
| Funding from Vinnova | SEK 500 000 |
| Project duration | December 2014 - August 2015 |
| Status | Completed |
| Venture | Challenge-Driven Innovation – Stage 1 initiation |
Important results from the project
The aim of the project was to investigate the potential barriers, requirements, solutions, business model and the conditions for a hyper-local marketplace that establishes the shared economy of communities. An identified requirement was that the market place should be a physical and the digital component of the services and products based on micro transactions, establish a consortium representing marketplace value chain, and to coordinate the process of preparing an application for stage 2 collaborative projects. All targets were met during the initiation phase.
Expected long term effects
A fully implemented sharing economy would for a household could mean an annual saving of 7% of the household budget and a reduction in waste volume of 20%. For Swedish households, this could mean an annual saving of 98 billion and 88 000 tonnes of waste and up to 2 million tons of greenhouse gas emissions. The project´s pilot implementation in Hammarby Sjöstaden and Stockholm Royal Seaport is expected to lead to a stronger local involvement in the shared economy.
Approach and implementation
The project began with a literature review analysis of existing solutions in the sharing economy: - Carpooling - Loan / leasing of goods - Marketplaces for simple services - Social network for neighbors - A small overview of the use of alternative currencies Two environmentally profiled neighborhoods were selected, and their selected stakeholders were invited to the workshops to plan the establishment of a smart city marketplace that can bridge the barriers identified for the sharing economy. An application for the UDI step 2 was created based on discussions with stakeholders.