It’s of no doubt that road transport has over time been the most widely used form of transport even in this present age. Ever when you make use of other transportation means, you most likely need to still travel by road to complete your travel.

This is the opportunity being explored by some car hailing companies to make their own fortunes (the likes of Uber and Lyft). These companies understand the fact that not everyone can afford to buy or manage a car, and even if you can, you can’t always have access to your car when you travel long distances, hence they came up with the idea of ride sharing.
With this idea, they can connect passengers to private car owners through an online enabled platform.

The most interesting fact about this industry is that it provides at least $7billion in consumer surplus per year in the United states alone (which was reported as at year 2015). Isn’t this awesome?
This is an enough evidence to prove that this industry has a lot of growth potentials if being explored well.

The Problems

As enticing and massive as this industry seems, we cannot neglect the fact that it is being faced with some major problems that is already threatening its survival. Uber for example is known to be extorting its drivers with a commission of 40% of their earnings; this has also caused the increase in price of the amount being paid by passengers relatively. Not only this, the security status of the users of these platforms (Uber and Lyft) is nothing to write home about. Several reports have been made about lots of kidnappers and even robbers that disguise as drivers of the platform and ends up killing or harming innocent passengers and even at this, the platform isn’t providing any measures to curb this inhumane acts. These and many other problems are lingering in the industry which discourages several riders and even passengers from getting involved in the rideshare industry. Should we continue this way and expect a turn around? Definitely no!

Introducing the Solution: RideNodes

BayRide which is the mastermind behind the RideNodes platform is an advanced transportation, security and delivery organization that is dedicated towards revolutionizing the ride hailing industry. All ride transactions on the platform shall be done using the RideNodes digital tokens.

The platform already has a mobile application that has been developed for both android and iOS called BayRide which is a ridesharing and ride-hailing App with 0% commission for its drivers and also no price surge guarantee for its passengers, isn’t that too awesome?

With the RideNode tokens on this platform, then you don’t need to bother about exchange of currency to pay for your transport form the airport to the hotel. Also, the integration of this token makes sure that transactions are verifiable and safe on the platform.

What other exclusive features are to be enjoyed on this platform?

Availability of S.M.A.R.T.CHAIN (Screenshot & Mobile Authentication Receipt of Transport Chain) which makes screenshot of relevant data and signature that makes further verification of transactions made, hence preventing fraud and illicit practices from passengers and drivers
Availability of S.M.A.R.T.FARE (Screenshot & Mobile Auctioning of Real-Time Transportation Fare) that allows drivers to bid on real time prices being uploaded by passengers on the platform. These prices can be from any accredited transportation company that is being solicited to the passenger
Ride.P.A.L. (Ride Providing Accurate Location) which allows you to track your loved ones in real time on the platform. So this means that without having to constantly call or text your loved ones when travelling to know their location, you can easily detect their location (if they so wish)
RideEx availability which functions mainly for delivery services
RideGuard that operates through leveraging of RideNode blockchain and smart contract apparatus
OnAir Initiative and
Ride-hailing Automobile Operators Union.

Token Details

The native token of the platform is RideNode tokens which is a utility token. The platform is conducting a token sale to raise funds for the perfection and implementation of more creative and prosperous sub-technologies which will help in decentralizing and disrupting the ride-hailing industry.

Listed below are the ICO and token details;

Token Name: RideNode token
Token symbol: RIDE
Token type: ERC-20
Token Maximum Supply: 25,000,000,000
Price: 1ETH = 4,000 RIDE tokens
Softcap: 25,000 ETH
Hardcap: 2,500,000 ETH

Conclusively, the BayRide Inc and RideNodes is on their way to the tremendous transformation of the Ridesharing industry by getting rid of the several challenges lingering in the industry. It’s of no doubt that the platform’s modus operandi and its transparency will eventually result in the achievement of the aims and objective of the platform. You surely don’t want to miss out on this great project because it’s one in a million.

My Bitcointalk Username: amusanmikel2
Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=2305577

✅RideNodes: Now we have ride hailing services on the blockchain✅

The Problems

Introducing the Solution: RideNodes

Token Details