Imagine you are going on a business trip and you can get everything you need without buying it from any company. For transportation you don not use a taxi but you make use of the app Lyft, which enables you to use another person’s car. You stay at someone else’s apartment using AirBnb and for dinner you enjoy a home cooked meal from someone’s home kitchen. You pay all this by borrowing money from the crowd using peer lending websites. This scenario is possible in today’s world and is part of a big transformation, the beginning of the collaborative economy.