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An overview of peer-to-peer ridesharing using blockchain

bitwolf by bitwolf
February 25, 2023
in Blockchain
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Ridesharing functions like Arcade Metropolis, DAV Community, Ridecoin, and Jolocom are a couple of examples of platforms utilizing peer-to-peer ridesharing know-how. They exhibit the potential of blockchain know-how to revolutionize the ridesharing trade and create a extra environment friendly, clear and safe platform for riders and drivers.

Arcade Metropolis

Arcade Metropolis is a decentralized ridesharing platform that makes use of blockchain know-how to attach riders and drivers. The platform permits funds between passengers and drivers by way of good contracts and presents post-ride buyer rankings.

DAV Community

Utilizing this blockchain-based platform, anybody might create and handle their very own transportation providers, together with ridesharing, supply, and logistics. By utilizing blockchain know-how, the platform facilitates protected, peer-to-peer transactions between customers and drivers.

Ridecoin

Ridecoin is a blockchain-based ridesharing platform that makes use of its personal cryptocurrency, RideCoin (RIDE), to facilitate funds between riders and drivers. To ensure that drivers and passengers are safeguarded in the course of the transaction, the platform additionally makes use of good contracts.

Jolocom

Jolocom is a blockchain-based identification platform that permits customers to soundly retailer and trade their information, together with their id and cost data. This might doubtlessly be used to allow a safer and decentralized ridesharing platform sooner or later.





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