DRIFE

What is DRIFE & How it works?
DRIFE is a decentralized ride-hailing platform powered by blockchain with the intent of empowering value creators within our ecosystem — these include the drivers, 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.

Why DRIFE?
In less than a decade, over 1600+ cryptocurrency platforms built on the premise of the blockchain technology now exist. New startup enterprises, great innovative technologies, and improved scalability features from the original blockchain have elicited awe. However, more than 90% of these projects lack practical application or utility. Most of them are created as sub-chains or sidechains leveraging the power of more efficient systems. Despite the opportunities being accorded by the blockchain enterprise, adoption for most of these platforms is still out of reach because: “Not many real-world use cases have been fully disrupted”

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’.
Incentivize 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 endeavors 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.
How is DRIFE different than other incumbent players in the Cab Industry?
For drivers, there is no commission per ride. This means that the full fare goes to their wallet. — For commuters, there is no surge price at all. This means that the fare remains static as otherwise. — Now, on DRIFE the decision-making is no more in the hands of the central entity. This means that users get to set the fare after collaborative discussions based on transportation norms.

Payment Processing Flow
DRIFE will allow payments via cash, cards, and DRF tokens. This gives the commuter access to different payment options and choice. For every trip, the fare is paid 100% directly to the driver and thus, ensures that DRIFE has no hidden cost, charges or commission. This 100% fare payment to the driver offers major cost benefits when compared to competing for ride-hailing systems, and returns all revenue back to the community where it belongs.
Conclusion
DRIFE is a decentralized Ride-hailing platform built over EOS blockchain. It aims at enabling both passengers and drivers to exchange rides without the intervention of any central entity.
Why does DRIFE need a Blockchain? DRIFE is aimed at providing a completely transparent system in terms of cost-structure, incentive payment, Code documentation, community decision-making and so forth.
Blockchain provides the following features, which are relevant to our platform:
Security — All payment wallets are entirely secure now using cryptographic solutions.
Tokenization — Now, the money can be programmed (create, issue, transfer amount) based on the decisions taken by the community members. In terms of incentivizing the drivers, commuters, developers, the payment is dependent on the amount of contribution.
Governance — Decentralizing the power has been an endeavor from centuries. Now, workforce-management has been made easy through continuous monitoring of activities i.e.
Transparency, Election of moderators (representatives from drivers, commuters, developers) is completely dependent on the voting process.
Built over the EOS Blockchain, our architecture leverages three unique properties of the parent chain:
Why we chose EOS over any other programmable Blockchain platforms?The features of EOS, which are helpful for DRIFE are as follows: — Fare payment with zero transaction fee. It’s an added advantage for all the DRIFE users. — It is the only public Blockchain platform having the highest scalability with zero unconfirmed transactions.
1 DRF token is worth $0.25. Please refer to the ICO sale discounts on the website for more information. Its symbol is ‘DRF’.
How is DRIFE different than other incumbent players in the Cab Industry? — For drivers, there is no commission per ride. This means that the full fare goes to their wallet. — For commuters, there is no surge price at all. This means that the fare remains static as otherwise. — Now, on DRIFE the decision-making is no more in the hands of the central entity. This means that users get to set the fare after collaborative discussions based on transportation norms.

Drife Team

Firdosh Sheikh Co-Founder & CEO
-Surya Ranjith Co-Founder & CFO
-Wadad Kafka Chief Evangelist
-Debraj Ghosh IT Infra Consultant
-Mudit Marda Lead Blockchain Developer
-Rakesh Sahu IOS Developer
-Max Gravitt Lead Blockchain Developer
-Samarth jain Legal & Compliance
-Abhilash Verkey Marketing & Research
-Dolly Deval Senior Marketing Manager
-Syed Adil Nawaz Product Designer
-Jitendra Rathod Chief Content Officer
-Emmanuele Content & PR

Ian Scarffe Advisor

-Mickael Damour Advisor
-Anthony Abunassar Advisor
-Rick Floyd Advisor
-Giovanni Casagrande Board Advisor
-Akshay Bhagchandani Investor Relations
-Shameer Thaha Advisor
-Mallikarjuna Naidu Investor Relations

More info
Website https://www.drife.one/
Medium https://medium.com/@drife_official
Facebook https://www.facebook.com/drife.official
Twitter https://twitter.com/Drife_official
Telegram https://t.me/Drife_officialchat
Lightpaper https://www.drife.one/wp-content/uploads/2018/10/Drife-Lightpaper.pdf
ANN https://bitcointalk.org/index.php?topic=5076512
Bitcointalk https://bitcointalk.org/index.php?topic=5127965.0

Authorship:
BTT name: kriiptochelovek
BTT profil : https://bitcointalk.org/index.php?action=profile;u=2519258
Eth address: 0x13B5F3975077d6Bdfe51681D2715a8A162c81bcB