Greetings to the numerous crypto community! Today in the article I want to touch on the topic of passenger transportation, and the technology provided by blockchain for this sector. Probably each of us used at least once in his life the services of taxi services, regardless of whether we have our own cars or not. This service is quite popular all over the world and in principle, with the exception of individual trifles, is the same in almost any country. If it is possible so it will be expressed it consists of three components - the passenger, the driver and the order service, through which the driver and the passenger "negotiate" the price and details of the trip. At the same time, as an intermediary, the service takes from 15 to 40% of the amount of the trip, which is quite impressive. As a regular taxi client, I see the main problems of this sector as follows:
- Prices for the same trip for different services are significantly different (the difference reaches about 20 - 30%), which greatly complicates the search for the optimal price of the trip;
- The taxi service sometimes resembles an uncontrolled exchange, at which prices rise significantly and fall within a few minutes. Quite often, prices are unreasonably high, even at rush hour;
- A significant commission on the part of services forces drivers to try to fulfill orders faster in order to increase the overall earnings due to the fulfillment of more orders for a certain amount of time, which greatly increases the risk of accidents and reduces the safety of the trip.
The technology blockchain introduces its own solution to this problem. This is the decision of the RedCab platform.
RedCab is a decentralized P2P transport sector platform that creates a peer-to-peer transport solution for individuals. RedCab is a product of RedCab LLC, an advanced company that has a working futuristic business model in the transport space. The company's business model was launched in 2017 in one of the small tourist cities in the Red Sea region and, as practice has shown, it has great potential for global development.
The main intellectual principle of RedCab is to create a direct link in the conduct of travel between the driver and the passenger, while excluding the service of the order. At the same time, the price of the trip will depend on the number of kilometers for which the company's tokens will be credited when using AI and GPS-processor. Also, the number of charged tokens will depend on the workload of the network, which in an open degree will become transparent to passengers who can estimate the price of trips during rush hour. In general, this service will be beneficial for both parties, excluding the commission of centralized services and sharing it among themselves. Increase drivers' earnings and save money for passengers, cool! The marketing model of the company's promotion in order to increase scalability implies a referral incentive program,
ICO and the sale of RedCab tokens are necessary to move from a centralized business model to a decentralized business model. In total, 62% of the 100,000,000 released tokens are allocated for sale.
Symbol of the token: REDC
Standard token: ERC-20
1 ETH = 2333 REDC
Hard Cap = 24529 ETH
Total collected to date mainly at the stage of private sales of more than 13,000 ETH and my forecast, the project will reach the Hard Covers.
Accepted payments - ETH
ICO will last even more than 2 months, which gives you the opportunity of detailed analysis for investment.
The development strategy involves reaching partnership agreements with many well-known large international companies, which will increase interest in the platform and attract new investors. Listing of the token on major exchanges for exchange is calculated for Q1 2019.
RedCab Team
In conclusion, I wish to note that a serious competitor in the face RedCab looks pretty interesting and clear development strategy involves a global scale, and therefore have centralized services taxi with funds turnover of hundreds of billions of dollars for me as for the investor's business model will be
presented the article is purely informative and does not stimulate your investments, make informed decisions based on your own analysis.
More detailed information about the project, you can follow the links below:
Official site - https://redcab.io/
Telegrams - https://t.me/RedCab_ICO
Technical paper - https://redcab.io/downloads/Whitepaper_EN_v1.0 .pdf
Twitter - https://twitter.com/redcab_llc
Linkedin - https://www.linkedin.com/company/redcab
Facebook - https://www.facebook.com/redcabeg
Medium - https://medium.com/redcab
Reddit - https://www.reddit.com/user/Redcab_io
Bitcointalk user name : vinavi