Seoul declared itself to be the Sharing City, meaning a city that 'sharing' is actively happening. Sharing is significant in ways that idle resources can be effectively utilized, local economy can be vitalized, neighborhood can tie up, and environment can be preserved. You can share any resources: time, space, talents, goods, information, etc.

2015 Sharing City Seoul Infographic ► (http://english.sharehub.kr/infographics2/)

Social demand on welfare, environment, and jobs is highly increasing, but hardship exist because of limited budget and resources. Drastic urbanization made people lose the sense of community spirit, and the excessive consumption caused resource depletion and pollution. Seoul would like to solve the economical, social, and environmental problems with the new way, "sharing."

• First, sharing allows us to gain more benefits with fewer or less resources since it enhances the usefulness of resources.

• Second, when the sharing economy becomes reinvigorated, it can create new jobs and added values.

• Third, sharing can contribute to the recovery of the disappearing sense of community since sharing promotes a trust-based, reciprocal economy.

• Fourth, sharing contributes to resolving environmental problems caused by excessive consumption.

Sharing Services Infographics ► (http://english.sharehub.kr/services-infographics/)