RedCab – Decentralized Transportation Solution

Passenger transportation, one of the largest industries in the world by number of customers and volume of services provided. Today it is difficult to find someone who at least once in his life did not use a taxi or driving. At the same time, the growing demand for such services and the number of companies that provide them. Despite this, the passenger transportation industry is completely centralized, which adversely affects both the passengers and the driver.

RedCab platform will be the first decentralized service, through which passengers can use taxis and private drivers on the most favorable terms.

What is REDCAB?

RedCab – a decentralized platform that has positioned itself as a new solution in the field of transport and schema-based peer-to-peer or person to person, which means that all interaction will take place directly between the users of the system, without intermediaries.

The company is very serious attention to the overall market analysis. More than a year after the founding of the company produces a variety of needs assessment of both passengers and (not least) drivers. After all, in the conventional structure of the taxi basically all proceed from the needs of customers and forget about the drivers.

Problems to be Solved RedCab

Trip – a platform that will create a new, more technological and adaptive air passenger market. This will solve a number of pressing problems that exist in the industry:

📌Centralization. To date, in some countries, you are up to 5 different services, which occupy a large part of the total transport market. This allows them to dictate their own rules and conditions under which drivers are working.

📌 High Commission. driver services today take on drivers from 10 to 40% of the income earned from the trip, which significantly raises the bar for the payback of services and forms of unfair competition in the market, depriving it of its new members.

📌 The high cost of services. Due to the high commission for drivers, the cost of services for passengers is growing, which makes transportation unprofitable customers.

📌 The lack of a single market. Each country has its own community of carriers, making it difficult to transport when moving from one country to another. Also, currency conflicts play a role in paying for the services.

Thus, RedCab become universal global platform that will meet the current needs of users and make passengers more comfortable.

RedCab: features and benefits

The platform will be the bridge between the drivers and passengers in need of transportation. The first will be able to place orders, and the second, to seek the most appropriate offers. RedCab The main advantages are:

📌 Using smart contracts. Settlements between the passengers and the drivers will be carried out automatically using smart contracts, which will reduce the cost of transportation, and therefore the cost of the services themselves.

📌 Blockchain and tokens. The use of technology and internal blockchain tokens as means of payment will make user interaction more transparent and independent. No geographical or currency restrictions-platform will be universal and the most convenient for everyone.

📌 Mobility. The project is already functioning mobile applications for iOS and Android. They will become the main tool of user interaction with the platform.

📌 Personal Assistant to the Cubby. In addition to the orders of search and registration system, developers provide the ability to use a personal assistant Cabbi, built on artificial intelligence technology. It will help you find the right route, to analyze the situation on the road and more.

You should also consider ways to generate coins in RedCab system, which will provide additional revenue both passengers and drivers. As part of the platform will be used two algorithms evidence of driving and proof of marketing.

What are the advantages of the project :

For passenger

Using the platform customers will experience the following benefits:

  • Trips will be significantly cheaper due to lower commissions.
  • Time of delivery cars will be reduced to a minimum
  • Users will be able to capitalize on referrals
  • You will be able to choose the type of car directly in the application, rather than hope for the best.
  • The opportunity to ride on supercars =)

For a driver

Using the platform of the drivers will experience the following benefits:

  • You will have more orders, and each order will be more profitable than a conventional taxi
  • You can not only carry people, but also provide other services, such as delivery, etc.
  • You can earn bonus tokens for good driving, as stated earlier.

Besides all this, the company plans to receive additional income from the collaboration with HORECA enterprises, which will be on a regular basis to offer orders on which you can earn.

Tokens and RedCab ICO

As part of the platform will be used tokens ERC-20 REDC. With their help, it will be possible to pay for transportation services, as well as receiving awards in accordance with the protocols on driving and proof of marketing.

  • Token Name: RedCab
  • Token Ticker: REDC
  • Platform: Ethereum
  • Type: ERC20
  • Total Supply: 100,000,000
  • Token Price
    PreICO: 1 ETH = 2 682 REDC
    ICO: 1 ETH = 2 333 REDC
  • Minimum investment: 0.1 ETH
  • Tokens for sale: 62,000,000 REDC
  • Payment: Ethereum (ETH)
  • SoftCap: 2,143 ETH
  • HardCap: 24,529 ETH

Conclusion

RedCab has all chances to become a leader in the travel industry and drivers services. this project is also quite promising on the basis of the fact that both the passengers and the driver will be given a convenient platform with a bunch of bonuses for the fruitful cooperation.

The project offers a number of innovations, including the ability to earn money for drivers and passengers, as well as an assistant in artificial intelligence and transparency of transactions. Accordingly, it looks much more attractive than the current representatives of the driving services market.

For further information about RedCab, feel free to visit :

Website: https://redcab.io/
Whitepaper: https://redcab.io/downloads/Whitepaper_EN_v1.0.pdf
Telegram: https://t.me/RedCab_ICO
LinkedIn: https://www.linkedin.com/company/redcab
Twitter: https://twitter.com/redcab_llc
Medium: https://medium.com/redcab
Facebook: https://facebook.com/redcabeg
Reddit: https: //www.reddit.com/u/Redcab_io
Github : https://github.com/Redcabllc
Discord : https://discordapp.com/invite/n28uxaD
ANN Thread : https://bitcointalk.org/index.php?topic=3834815.0

Author :

Bitcointalk Name : waroenkshisha
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=952938
Eth Address: 0x44cF61F420D6cbA87627a0371521611082a12004

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