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OWANDBO

Smart secure system to share resources between OWners AND BOrrowers in a peer-to-peer collaborative consumption market

Total Cost €

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EC-Contrib. €

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Partnership

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Project "OWANDBO" data sheet

The following table provides information about the project.

Coordinator
BUZINGER SL 

Organization address
address: C/ LLANOS DE ESCUDERO 24 1 D
city: MADRID
postcode: 28017
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Spain [ES]
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.5. (SOCIETAL CHALLENGES - Climate action, Environment, Resource Efficiency and Raw Materials)
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2016
 Duration (year-month-day) from 2016-10-01   to  2016-12-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    BUZINGER SL ES (MADRID) coordinator 50˙000.00

Map

 Project objective

OWANDBO is a collaborative platform that empowers individuals towards more participative and open exchange of resources; reduces carbon footprint by sharing assets; expands the life cycle of a product and reduces waste.OWANDBO allows members to rent and share the resources that they own and do not use enabling them, Owners and Borrowers, to benefit from a mutual economic transaction. OWANDBO 's potential could achieve over 10 million renting transactions between members throughout the world in five years, saving over 10,000tonnes of waste and generating value for members, the governments and partners associated. Currently there are no digital platforms like OWANDBO that allow peers to connect and share their underutilized goods and assets in a convenient, accessible, user-friendly and profitable way. The market potential for the sharing economy in Europe is €572 billion. In France alone while 19% of consumers reported use of this type in 2013, twice as many considered it in 2014, and 60% in 2015. However the big picture of the business opportunity for Buzinger with the OWANDBO project includes also environmental benefits and creation of governmental wealth through taxation on transactions, increased quality of goods exchanged, fostering local production and empowering individuals with new revenues. At Buzinger we have identified a great business opportunity within main cities in Europe and the US for a reliable Platform (OWANDBO) that assures users that assets will be available when needed and guarantees owners that their possessions will be treated appropriately and returned in the same conditions as before renting them. In five years time OWANDBO will be at the same level of other digital platforms, Airbnb, BlaBlaCar, within the Sharing Economy.

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The information about "OWANDBO" are provided by the European Opendata Portal: CORDIS opendata.

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