3FOOD

Third Industrial Revolution Consulting Group
cooperatives have been an important option in recent decades and especially valuable in
promoting distributed power generation. German, Danish, and Swedish shared
cooperatives have been instrumental in the large-scale expansion of wind and solar PV
systems in their nations. Expanding the use of energy cooperatives in Luxembourg is an
update of the traditional sharing economy, while also incorporating the latest in high-tech,
knowledge-driven opportunities for deriving value from the community’s renewable
energy resources.
2 Technical
2.1 Blockchain technology should be examined as a useful tool to track prosumer/Sharing
Economy activities and avoid clandestine employment. The development of a core
platform, through which all transactions relative to the Sharing Economy and prosumer
activities must be included, will facilitate the task of tax authorities. Blockchain technology
could be used for registering purposes, in order to build in security in value chains and
record the transactions.
3 Regulatory
3.1 Sensitize and inform prosumers about legal rights and obligation in the Sharing
Economy. When consumers also become producers – prosumers – or service providers at
once, they are confronted with questions regarding product safety, consumer rights, etc.,
as well as commercial and fiscal issues in the Sharing Economy. To raise awareness on
these important topics, prosumers must be sensitized and informed. To this end, a
campaign should be launched, for example, in collaboration with the Chamber of
Commerce or consumer protection organizations. The centralized web-based platform
mentioned in proposal 4.7 below and intermediation websites offering services in
Luxembourg are also appropriate partners to publicize relevant information on legal rights
and responsibilities in the Sharing Economy.
3.2 The State must ensure via legal guidelines and action that different business models
underlie the same regulations and different operators and service providers comply with
the same legal obligations. Anticipating and recommending suitable regulations that
remain pertinent in a rapidly and continuously changing environment will continue to be a
substantial challenge. It is important to recognize that the Sharing Economy operates by a
different set of regulatory aspirations and requirements than the traditional capital
market.
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