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Home»Blockchain»An overview of peer-to-peer ridesharing using blockchain
Blockchain

An overview of peer-to-peer ridesharing using blockchain

2023-02-25Updated:2023-03-02No Comments2 Mins Read
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6.

Are there any blockchain-based ridesharing platforms?

Ridesharing functions like Arcade Metropolis, DAV Community, Ridecoin, and Jolocom are a couple of examples of platforms utilizing peer-to-peer ridesharing expertise. They reveal the potential of blockchain expertise to revolutionize the ridesharing business 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 expertise to attach riders and drivers. The platform allows funds between passengers and drivers through sensible contracts and affords post-ride buyer rankings.

DAV Community

Utilizing this blockchain-based platform, anybody might create and handle their very own transportation companies, together with ridesharing, supply, and logistics. By utilizing blockchain expertise, the platform facilitates secure, 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 through the transaction, the platform additionally makes use of sensible contracts.

Jolocom

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

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See also  access to crypto to empower your smartphone
Blockchain Overview peertopeer ridesharing
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