DRIFE is a decentralized ride-hailing platform powered by blockchain with the intent of empowering both, the drivers and commuters,and community developers. DRIFE plans to disrupt the existing business model and remove the corporate intermediaries involved in the transactions. Our ride-hailing platform has created 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. With the power of the Blockchain technology, the DRIFE platform strives to bring a new paradigm to the ride-hailing platform 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, commuters fare, cybersecurity and transparent governance.To give the power back to the community with a unique disruptive economic model "Let's DRIFE with freedom" ,A dApp with Smart Contracts built over the EOS Blockchain having a capability of handling unlimited transactions per second.
Major Components,Take a glance at the six major components of DRIFE that makes the project stand out:
No Commission
DRIFE aims at shifting the focus from the existing commission-based platforms to a decentralized network with a new economic model, where 100% of the fare paid by ‘commuter’ goes directly to the ‘Drivers’.Incentivise Social Platform
DRIFE provides additional incentives to its network users contributing towards the platform’s betterment through social interaction and network building.Governance
DRIFE believes in a democratic engagement of network participants towards financial and operational decision making for the platform.Safety
DRIFE values the safety of the commuters and endeavours to carry out multiple security checks on the drivers before on-boarding and whilst in service. DRIFE also provides infrastructure for broadcasting Emergency SOS signals within the community to solicit help.Transparency
Blockchain implementation creates a fully auditable and valid ledger of transactions that is indelible and unforgeable.
With a user friendly interface to access the same, transparency in payment and fare calculation can be achieved.Badge of honor
Unlike the rating and evaluation system employed by incumbent players DRIFE bring an innovative and holistic approach to gauge the service provider by driver and reward them accordingly.
Problems in Current Ride-Hailing Infrastructures :
A number of problems exist within the current ride-hailing business infrastructure, and these have made the experience rather appalling for both riders and drivers further raising the entry barriers.
Several ride-hailing models are constantly being introduced to seemingly expand the opportunities available in the
industry and create a more rewarding economy However, these models on their own are insufficient to deal with the
intricate problems that have outwitted earlier generations of ride-hailing models.
Solution Ride Hailing on a Decentralized Blockchain :
DRIFE aims at shifting the focus from the existing commission-based platforms to a decentralized network with a new
economic model, where 100% of the fare paid by 'Rider' goes directly to the 'Driver’. We at DRIFE are determined to make an economy of Zero commission on rides, only annual Membership Fee from the driver which will give them access to DRIFE platform to get connected with the riders.
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 internetdependent.
ROADMAP :
MEET OUR TEAM :
- Firdosh Sheikh ( Co-Founder & CEO )
Firdosh is Co founder and CEO of DRIFE. DRIFE is a decentralized Ride-hailing platform powered by EOS blockchain with the intent of empowering both the drivers and the riders without any existence of central entity. Firdosh has Demonstrated history of working in the capital markets industry. Strong professional graduated from Institute of Chartered Accountancy of India.
- Surya Ranjith ( Co-Founder & CFO )
Has over 3 years of industry experience in hedge fund management project, and demonstrated history of working in the capital markets industry,also worked on blockchain implementation in finance industry. With experience in providing assistance in implementing blockchain solutions for capital industry.
- Wadad Kafka ( Chief Evangelist )
Experienced in building, growing and transforming Consulting, Professional and Managed services organizations on a global and regional level. Strong focus on emerging technologies: Cloud, IoT, Blockchain and Mobility. More than 20 years in managing successfully a services P&L and leading talents to provide the best customer experience.
- Debraj Ghosh ( IT Infra Consultant )
Keen planner, strategist & implementer with expertise in demonstrated abilities in managing data center and network infrastructure operations and implementing new technology for streamlining operations. Strong problem solving & technical skills coupled with confident decision making for enabling effective solutions leading to high customer satisfaction and low operational costs.
- Jitendra Rathod ( Chief Content Officer )
I am a B2B and B2C Marketing Writer and Content Strategist specializing in (but not limited to) science (life sciences, health, medicine, wellness and pharma). A Master's Degree in Microbiology and 8 years of experience as an Assistant Professor, teaching microbiology and allied subjects to under-grads and grads
TOKEN ALLOCATION :
Total supply of 325 million DRF tokens will be released on the 1st day of product launch. After that, additional tokens would be generated deterministically and democratically after every period.
- 30% Product development
- 15% Legal
- 25% Marketing
- 25% Operation and offices
- 5% Reserve
For more information about DRIFE please visit link below :
- website : https://www.drife.one
- ANN thread : https://bitcointalk.org/index.php?topic=5076512
- facebook : https://www.facebook.com/drife.official
- twitter : https://twitter.com/Drife_official
- telegram : https://t.me/Drife_officialchat
- medium : https://medium.com/@drife_official
Author : slashz9
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1079195