Recently, most of the world’s goods and services are being sold through e-commerce. The sharing economy is one of the fastest growing economic sectors and is contributing to the economic growth of countries. The International Organization for Standardization (ISO) has just published a new standard to help the growth of the sharing economy and e-commerce.
The ISO 42500 standard, Sharing economy – General principles, provides guidelines that aim to ensure safe and reliable operations, promoting the optimal use of resources. If the sharing economy and e-commerce are implemented in accordance with the rules and principles set out in the standards, they can help achieve the objectives of reducing environmental pollution.
According to Dr Kernaghan Webb, chairman of the expert committee that drafted the ISO 42500 standard, issues such as products or services that do not meet the principles of environmental pollution are barriers to the development of the sharing economy. Other barriers to e-commerce include the lack of measures to protect the privacy of user data, its loss and theft, and the lack of clear procedures for submitting electronic complaints via the Internet.
He said: "The sharing economy has the potential to transform our lives, reducing environmental pollution and creating ease in the procedures for buying and selling goods and services." "Its growth depends on the trust provided by transparency and accountability. ISO 42500 was developed to support the sharing economy.
ISO 42500 is the first standard that provides a basis for implementing the sharing economy and will be the basis for the development of other more detailed standards in the field. The new standards will form a series of standards that will provide operational guidance for the security and reliability of the sharing economy and electronic commerce.
ISO 42500 was developed by ISO technical committee ISO/TC 324, Sharing economy, whose secretariat is held by JISC, ISO member for Japan.