Selling a service instead of a product gives organizations an incentive for making more durable products. In a product-of-a-service business model, the customer pays for the time or usage of the product, rather than buying the product. The provider typically maintains ownership of the product, leading to a focus shift from volume to performance. Taking this into account, the question we need to answer is: how can we encourage organizations to adopt this product-as-a-service business model?
The PayPerUse initiative facilitates suppliers to offer services instead of products and proposes an answer to this question: by developing an online blockchain-based environment, the costs of a service become clear and predictable. Furthermore the platform enables reliable cooperation with other service providers.
An example of a cooperation that can make use of this platform is a supplier providing washing machines which he doesn’t sell but remain his own property, detergent providers, energy suppliers and consumers who pay for each turned laundry including the used detergent and energy. Currently the PayPerUse initiative is in the experiment phase in which we are exploring new cooperations to run pilots with.
Let's Get In Touch!
Ready to start your next project with us? That's great! Give us a call or send us an email and we will get back to you as soon as possible!