The transport industry as seen in the form of logistics and goods-delivery systems, to personalized ride-hailing experiences has evolved. However, it doesn't really matter the form, the business of mobility turns out to be a big business and a lucrative one at that.
‘As everything moves,’ the global mobility service chain industry is one which has had one of the most distinct transformational trends in the history of mankind. With the influence of technology and economic motivation growing side by side, the business of mobility has never been more interesting.
DRIFE is a completely decentralized ride-hailing platform powered by the EOS blockchain with the intent of empowering value creators within our ecosystem – these include the drivers, riders, and community developers. DRIFE plans to disrupt the existing business model and remove the corporate intermediaries involved in the transactions. What we’ve created in the DRIFE ecosystem is a new paradigm for the ride-hailing industry. We are the first platform in this niche to express the full features of the decentralized ride-hailing economy.
Ride-Hailing Economy
Ride-hailing as a multi-billion-dollar venture has influenced many urban and suburb regions to a large degree, bringing new scopes to drivers’ economic empowerment. Currently, the major regional coverage for the industry spans through USA, EU, Japan, China, India, and Southeast Asia. The current valuation for the ride-hailing market is about $36 billion USD. Analysts have projected this sum will be approximately $285 billion USD by 2030 which is 8 times the current valuation.
Decentralized Platform
Decentralization aims at shifting the focus from a central authority to the driver partners. With the power of the Blockchain technology, the DRIFE platform strives to bring a new paradigm to the ridesharing scenario and solve the horde of issues that have emerged from the current model of centralized business. The growth of the platform not only contributes to the objective of DRIFE but also enhance the overall value provided to all the stakeholders concerned like driver's income, rider's fare, cybersecurity and transparent governance.
DRIFE Ecosystem: Value Creators & Extractors
our economic model encourages active participation from the community members towards the building and maintenance of the ecosystem.
Applying Blockchain technology in the local transportation or taxi industry is only a continuation of an evolution that has gone on for centuries. Everything is processed through dApps using smart contracts to establish trustlessness and each transaction becomes a part of the blockchain–an immutable record.
“We are invested in blockchain not because it has so much hype. We believe in the blockchain because the future of the internet economy (internet 3.0) depends on it. And our platform is internet-dependent.”
A few platforms have attempted the development of ride-sharing using the blockchain and while this is applauded, no single entity exists in the decentralized world with an all-inclusive incentivized product for value creators of the ride-hailing industry.
DRIFE aims at Building a Dapp on EOS blockchain, it will take at least 6 months for us to build the software. We are planning to launch our Dapp in 4 different regions worldwide. With the success of DRIFE in these 4 regions we will start spreading across other Blockchain friendly nations. Depending upon the legal constitution of various region our Plans to start operations might change
Connect with us
Website: https://www.drife.one/
ANN Thread: https://bitcointalk.org/index.php?topic=5076512
Whitepaper: https://www.drife.one/wp-content/uploads/2019/05/Drife-Whitepaper-v1.5.pdf
Lightpaper: https://www.drife.one/wp-content/uploads/2019/05/Drife-Lightpaper-v1.4.pdf
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1398432
