Bitdrive is a decentralized travel application based on the Ethereum platform, which helps companies to organize trips. Drivers and passengers are the two most important people involved in this industry. Bitdrive strives to give drivers the opportunity to earn, and passengers - convenience in organizing trips and their availability. With a decentralized system, Bitdrive will make taxi business a fair and transparent area of modern business, where drivers who perform actual work are rewarded.
https://bitdrive.tech/
Key Features
When a passenger or driver registers information, it is stored by hashing in blockchain and distributed to the database using the Oracle program, which analyzes routes and conducts smart contracts through Solidity. BitDrive reliably protects user information and ensures that no one has access to it. When registering with the application, users also provide their crypto wallet address so that whenever a passenger orders a trip, the funds are directly transferred from a driver to a passenger. A driver will receive the funds instantly after the order is completed. Transactions are stored in decentralized blockchain of the platform. Using its power, Bitdrive will provide a reliable platform that will be extremely useful for a driver and convenient for handheld user devices.
Advantages of Bitdrive project
Key advantages include the opportunity to organize group trips through Bitdrive platform, which significantly saves user's money. Group routes are compiled automatically, taking into account passenger time.
https://bitdrive.tech/
Calculations on the platform are performed with the use of Bitdrive tokens, which can be purchased for both BTD, BTC, ETH, and USD.
Drivers and passengers will use tokens to conduct transactions. When a user orders a trip, it will be evaluated in BTD tokens. Bitdrive will have a fixed number of tokens. With a fixed number of economic assets in circulation, each investor, driver and passenger within Bitdrive platform will be subject to a fixed token economy. For example, if there are 10,000 BTD tokens in circulation and they are used by 2,000 drivers to pay for $1 million a week, then they will be the same 10,000 tokens that are still in circulation. The latter, in turn, will be available to 20 million users to pay trips for 500 million dollars, when Bitdrive will expand, as expected. This gives early investors a huge advantage with respect to their investments.
Bitdrive is completely based on blockchain technology. The platform charges 13% fee, which means that a driver receives 87%.
Bitdrive autosurance will use blockchain technology to provide car insurance to drivers and racers. Whenever a driver or a passenger is faced with problems with accidents or any health emergencies. They can register their claims, which are stored in blockchain. A claim is unchanged and is considered by the arbitration service of the project. This guarantees fairness in claims, and the result of a claim is then saved in blockchain with open access to the viewing.
Bitdrive cryptocurrency
Up to July 15, the platform is at the pre-Sales stage. The price of one token is 0.04 dollars with the possibility of obtaining 30% of the bonus. The main crowdsale starts on July 20 and is organized in three stages. During these periods, the bonuses vary from 10% to 30%. The softcap of the project is $3 million, the hardcap - $20 million.
Summary
Thus, Bitdrive is the platform for communication in the organization of travel between a driver and a passenger without intermediaries. Unlike existing similar applications (for example, Uber), Bitdrive offers conducting transactions free of charge, working around the world and protecting user's confidential information, including organized trips. The project was launched at the beginning of 2018, by the end of which the creators of the project have already planned the launch of the beta release. The launch of the full version of the platform on international scale is scheduled for Q2 2019 with the availability of the project for the AP.
Links:
Website: https://bitdrive.tech/
WhitePaper: https://bitdrive.tech/assets/pdf/whitepaper.pdf
Telegram: https://t.me/joinchat/Hl1YAAt7nRA1hxbbkLYnaA
Facebook: https://www.fb.me/BitdriveInc
Twitter: https://www.twitter.com/bitdriveinc
Medium: http://www.medium.com/@bitdrive
ANN: https://bitcointalk.org/index.php?topic=4163776.new#new
Author: https://bitcointalk.org/index.php?action=profile;u=980049
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.