RedCab; For Drivers A Decentralized Blockchain-based Transportation...

People have been using animals and various vehicles to carry themselves for thousands of years. Previously, the process of individual transportation has become different as people pass from nomadic life to settled life. The concept of civilization, which people are now a society and built their own culture, has gradually made indispensable the concept of public transport by putting slowly them in human life. Starting with horse-drawn carriages, continuing with trains, and eventually thanks to the arrival of modern cars, transportation has been formed one of the largest commercial sectors in the modern world. One of the most profitable business models working in many different ways in the transportation sector is taxi hailing services. The taxi-hailing sector, which is a business that continuously improves itself and doesn’t only limit itself to land transport, now also adds sea and aircraft vehicles to its transportation fleet. Now there is a project that aims to combine this technology with blockchain’s breakthrough technology. The name of this project is RedCab. Those, who have question marks in their minds about how the transportation sector and blockchain technology can be combined, will better understand what I am talking about when I read my article.

RedCab’s aim is to establish a decentralized transportation platform as Peer-to-Peer on the blockchain-based technology. Of course, with help of smart contracts. RedCab is in the transportation business field for now. It has quickly developed technological structure. There are a team researcher and hardworking in the face of us, which they did research in terms of customer requirements and experience through longsightedness and know the crypto market’s deficiencies. The most important advantage of RedCab has a running mobile app. RedCab had experienced for feasibility by way of this mobile app. It is collected data and feedback for later by the project team. The car/taxi hailing services have a big commercial potential in other industries. The demand has risen day by day. In the future, It’s expected that market expectations reach huge volume as monetary, maybe billions of dollars.

RedCab has targeted the converting its business pattern into a globally decentralized ecosystem that has transparent and affordable for end-users, of course, without intermediaries. RedCab has planned to develop a powerful and scalable infrastructure that will meet the international demand for the worldwide transportation sector. RedCab has been in the transportation business since mid-2016. This team has full knowledge of this business in a lot of different ways. Which is why RedCab understands main reasons with regards to needs and problems of riders and drivers. And they will solve real problems for innovative solutions and methods, which blockchain technology provide us. RedCab will constitute a transparent and efficient environment for customers. To increase the quality of services will be the main goal.

RedCab’s establishing system will allow freelance and peer to peer business for drivers and taxi companies as a professional integrated service provider. Users will have efficient and decentralized business processes by gaining %100 benefits and %100 earnings, through a business model that is designed by RedCab. RedCab designs the performance and reward programs to enable superior quality customer experience of end-users. RedCab’s purpose creates the smooth customer satisfaction as ensuring the safety of trading parties. The decentralized transportation solution that is created by RedCab will use the blockchain technology for the providing cost-effectiveness and safer transactions. Thus and so the transportation sector will be redeemed from unnecessary costs like a commission. RedCab will constitute a brand-new experience by combining cutting-edge tech, qualified performance management and loyalty of customers on the blockchain ecosystem. This business model will provide sustainability and continuity of business in the crypto world. The reliability is important for a productive community, accordingly RedCab team. They will build affordable and fair fare system for different countries and cities. Because every region has different own characteristics in terms of variation. The Project will regulate for the smoothest pricing formula. Thus nobody won’t amend the pricing according to holidays or weather conditions.

We can see the new rising start-ups in the very different from each other markets. Of course, there are even about transportation matter. The primary aim of allis to solve being chronic issues of transportation. Most are successful in their business fields, but they have also posed collateral damages. Technology has covered dating back gaps and some problems for the transportation sector. Furthermore, markets are spread over imitator business models and companies without sufficient scrutinizing and innovation. Customers aren’t looking for not only popularity but also reliability and sustainability. Safety is the most important factor in the transportation industry and drivers. RedCab offers real options. Customers will be satisfied through low costs. Nobody likes the abusing by the others. Most of the drivers have used the car-hailing mobile Apps for working, generally as part-time. This service Apps are trendy in over %90 of the population, and people are actively using this Apps through especially flexible working shifts. Users will have more efficient business processes if they work in the RedCab platform. RedCab has targeted to develop a model that will increase the income of users (drivers, riders, taxi companies, etc.) and will have a sustainable cost efficient for those who chose a partnership with RedCab. RedCab ecosystem will enable to keep jobs and capitalization of drivers and taxi companies, which will benefit from cutting-edge technology. RedCab offers a lot of services that include car-hailing, carpooling, hotel&airport transportation, delivery service, pick up service.

Thanks to a network that balances supply and demand, RedCab will be the ground-breaking platform by using a decentralized solution governed by smart contracts and AI-driven powered personal assistant (Cabbi) for customers. Customers won’t wait for their trips in App. High usage will be rewarded. The process has the lower price and high savings. Furthermore, earnings will be computed by way of PoM (Proof-of-Marketing) for customers. Drivers will gain extra earnings and profits while riding with flexible working hours. It will be earnings of drivers according to PoD (Proof-of-Driving). RedCab has provided multiple options for car-hailing, as for that different revenue segments. These will be; Economy Cab that will focus on affordability, short everyday trips, less using fuel. Luxury Cab that will target to the high-income group. Family Cab that will be for families with the child, and includes for extra care of kids and seniors. Red Cab will be as for supercars in red with superior ride experience.