From the time the blockchain technology was development in 2009, many started porting to the platform. Soon after the invention of the first blockchain and crypto currency – Bitcoin, many blockchain platforms and crypto currencies were invented.
The current financial platform is being controlled by centralized platforms such as banks. However, there’s stiff competition in the system as crypto currencies powered by the blockchain technology are striving to take over the global financial sector.
Problems with Crypto Currencies
The major problem underlining the acceptance and total use of crypto currencies is the naivety of users. Though many accepted and used it during its early inception, others are yet to accept it because there are still some posers that investors find hard to understand.
What Is RedCab All About?
RedCab was developed to offer more services to the traditional transportation system. The platform is aiming at decentralizing the traditional transportation industry and returning powers to those it is due.
By its implementation, RedCab is bound to limit the expenses incurred by many transportation systems and also offering the best cutting-edge technologies (the blockchain inclusive) in solving existing problems.
The Problem at a Glance
It should be clear to you that RedCab wasn’t developed for the adventure of bringing a new blockchain technology to life. It was rather invented to solve some problems and in this case, problems that are predominant in the transportation industry.
You might have noticed that there are multiple transportation companies within your locale and country. Have you wondered how they cope and how they treat their staff? Have you taken put time to fraternize with them and find out their problems?
The transportation industry is not a bed of roses. There are those in the industry with the mindset of making profit instead of offering the best service to its users. Most times, these transport companies charge exorbitant rates especially when the weather is not too good.
However, the main issue seems to lie on the drivers. Most drivers are underpaid and are directed to remit the lion’s share of their daily proceeds. This is likened to work-slavery and calling to mind that drivers are the engine room of every transport company, it is not wise to leave them in the cold.
How RedCab will solve the problem
RedCab is bringing the disruptive blockchain technology and the ever-reliable smart contract technology into its ecosystem. The existing problems in the transportation industry are now going to be phased out because a transportation messiah – RedCab is here to uplift the industry from its despicable state.
RedCab is offering network dominance that balances the scale between its supply and customers’ needs. One thing you have to note here is that RedCab is just like Uber but it is not entirely Uber.
Unlike Uber, RedCab is using the blockchain technology for its operations and its scope cuts across many channels. It is offering delivery and pick-up services, hotel and airport transportation, car hailing and pooling.
Prospects
Whether you’re a driver, customer or business such as hotels and restaurants, RedCab offers you the best of service. As a customer, you don’t have to wait for long before you get transported. RedCab is offering you less waiting time, low price fares and multiple options that will suit the style of your trip.
You won’t be spending all along; there is opportunity for you to earn through RedCab’;s referral program and you can also earn tokens through its Proof-of-Marketing. Drivers are not left as they get incentives in form of tokens through RedCab’s Proof-of-Driving. They are offered extra earnings, multiple transport options and flexible working hours that won’t stress them out.
Customer Segmentation
Just like every other business, RedCab conducted in-depth researches into customers’ needs and these influenced their approach to the business. There are customers who might want luxury transport without minding the additional costs. These set of customers are availed the Luxury Cab and for those who wish to have spacious transport for family and friends, the Family Cab serves that purpose.
RedCab concisely selects it cars. The cars available on RedCab are economical and do not consume much fuel. So if you’re looking for economy trips, the Economy Cab is the best option for you.
The Red Cab is there for customers that want eventful rides. Red Cab is classy and distinctive and while users pay huge sums to use it, drivers are deriving extra income through token-incentives.
More Money for all
RedCab is perhaps, the next best thing after Uber. As a driver, you get to keep a larger part of your income per trip. RedCab keeps the remaining which is usually small. However, the main revenue channel for RedCab is the use of Geo Ads.
Geo Ads is the platform made available by RedCab for prospective advertisers. If you want your business and service to be visible on RedCab’s mobile applications, you get to place your advert at prescribed rates.
In Summary
I will jump at the chance to state, now, that the thoughts introduced in this article is only a rundown of the colossal potential outcomes that the RedCab venture holds and offers to corporate elements and even individual clients. I, consequently, firmly prescribe everybody to peruse the RedCab whitepaper for a superior handle of this tremendous wander. The following are some other valuable connects to enable you to stay up to date with the RedCab venture.
USEFUL LINKS
Website: https://redcab.io
Whitepaper: https://redcab.io/downloads/Whitepaper_EN_v1.0.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=3834815.0
Twitter: https://twitter.com/RedCab_LLC
Telegram: https://t.me/RedCab_ICO
Author Information:
Bitcointalk Username: seblbj
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2022050;sa=summary