RedCab's Innovative Solutions to The Transport Industry

in ico •  6 years ago  (edited)

Introduction
In the past decade, the transportation industries have been through lots of changes via innovations and technological advancements. It's obvious that this industry is projected to surpass its current market value. Through the emergence of hail-rides, there are now more participants in this industry. A recent survey showed that about 91 percent of the population have joined hail ride services, either as full-time or part-time drivers. However, the transport industry is still facing the same issues despite the emergence of hail-rides companies. From price hikes during holidays and bad weather to reduced customers experience, these problems still persists. For this reason, RedCab was designed to not only solve these problems but also improve the mode of operation of hail-rides.

    What is RedCab?

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Launched in 2017, RedCab was designed to overcome the present flaws that plagues the transportation industries. It aims to provide maximum satisfaction to the concerned parties through its innovative business model that encompasses both the technical aspects and customer-centric approach. This company launched their mobile app in 2017, and aims to create a decentralized system to enhance transparency and reduce the expenses of transportation for all concerned parties.

  How RedCab Works? 

RedCab aims to widen their reach across various cities of the world. In order to tackle the variations in basic transport fares, RedCab aims to provide a flexible rate that will adjust for price inflations and other factors. In addition to this, RedCab doesn't collect any commission from the fees paid to the driver. Yes, drivers will be able to get 100 percent of their total charge. This will enable them to complete more rides within an hour. Furthermore, it reduces the cost of transport fees. RedCard aims to utilize personal Geo-ads for generating revenues. Establishments such as shopping malls, hotels, and clubs will promote their products and services on RedCab's mobile app. The adverts are run via a deep learning algorithm that sieves through the user's historical data. Hence, the ads are deeply personalized in order to drive profitability. Mind you, RedCab will generate revenue from commissions derived from drivers until the revenue stream from Geo ads is enough to drive its basic operations.

RedCab's Mobile App Services

 Increased Diversity 

RedCab's Mobile App is supported by 6 different languages in order to boost its appeal amidst users from different nationalities. Furthermore, it will come with a periodically updated global map to boost the user experience. Besides that, this app comes with diversified, car categories and options such as shared riding routes with families and friends.

 Carpooling 

RedCard recognizes the fact that traffic jam and long routes can increase the fare rate. For this reason, it's mobile app features carpooling. Carpooling enables you to create rides and invite trip companions in order to reduce the cost. The same algorithm powering the Geo-ads can also match travel companions with similar personality traits for a better journey experience.

   Scheduled Rides 

There's usually a sense of urgency when you are late for an important function and there's no means of conveying you to your desired location. For this reason, RedCab mobile app features a scheduling ride feature. This is an important feature for transport app, since it allows customers to schedule transport beforehand. With this app, you can conveniently plan your whole trip to the tiniest details, without any fear of disappointment.

  Luxury Trip 

Here's an amazing feature for those that love to travel in luxury. With this feature, our riders get to enjoy maximum comfort on the way to their respective locations. Furthermore, high-end car manufacturers can use RedCab as a means of advertising their product to the desired clients. Yes, it's an effective means of advertisement for these manufacturers as riders will have a first-hand experience of their products.

Peer To Peer 

This is a feature that's common in most hail-ride apps. In fact, it's the most commonly used feature. It involves getting a ride from the nearest driver to your location. With RedCab's peer to peef feature, customers get to enjoy the lowest rates possible in hail-rides. Mind you, the driver's profits are not in any way affected by the low rates since they get more rides within the hour.
Conclusion
RedCab uses Pool of Driving to motivate drivers to drive customers via the use of an algorithm that generates tokens when the app is open. Tokens generated are multiplied by the number of successfully completed trips.
redcap token details.png
redcap token distribution.png
meet the redcap team https://redcab.io/#tenth

https://redcab.io/
https://redcab.io/downloads/Whitepaper_EN_v1.0.pdf

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