DRIFE - Project Overview

Introduction

Listen, how do you like a decentralized taxi on a blockchain with a zero commission for drivers? Do you know how much it will be cheaper than traditional taxis? Just take into account the calculation that the average taxi you use takes up to 30% of each driver's commission. So, if we even scatter 10% on additional income for drivers, we still get a discount of as much as 20%. And this is quite a lot.

DRIFE is a decentralized platform on the blockchain, which will allow taxi drivers to earn more and pay passengers less !

In addition to the main function of the platform, it still has a number of advantages that come out of its foundation on blockchain technologies. Let's take a closer look at them.

DRIFE Concept

DRIFE is a platform that performs its work on the EOS blockchain. It was designed to significantly expand modern capabilities. The main advantages that distinguish this project among competitors include:

No commission. DRIFE project specialists decided to create an economic model in which 100% of payments will be received directly to the driver. Also to another equally important feature is the fact that there will be an annual subscription here, which will ensure the availability of round-the-clock access to this project. If, for a certain reason, the warrior decides to leave this project, then this can be done absolutely free of charge and there is no longer any need to pay.
The system of incentives for passengers. Every passenger who carries out his work using this platform will be able to receive decent discounts in the future. This will only be possible if DRIFE tokens are used to make the payment.
The presence of full transparency. The introduction of this unique technology allows for full transparency of all transactions carried out on this project. Also now you can store all the necessary information for free and in a safe place.
High security availability. Specialists also tried to make sure that every user of the platform was completely safe. For drivers who plan to carry out work on this project will be offered strict rules.

How does drife work

DRIFE technology is an infrastructure available to drivers and passengers. A blockchain - an environment that allows to achieve decentralization. All forms of inquiry will be carried out through smart contracts of a different type. The EOS blockchain stores a huge amount of data generated in the field of transportation. Artificial intelligence will process them. Available in technology learning models will combine high technology - AI and blockchain. The platform rewards its participants, which is an incentive for the development of the entire ecosystem. Thanks to the DRIFE architecture, you can provide customers with the best service, allowing all participants to get the most out of the system products. With innovation, platform developers are going to change the future of the transportation industry worldwide. Initially, the development will be introduced in Singapore, India and London,

Passenger rewards system - passengers receive special exclusive discounts if they use DRIFE tokens to pay for travel. Decentralization will eliminate any intermediaries in the transportation system, which in turn will reduce the cost of travel and increase the profits of drivers. Full transparency - the introduction of blockchain technology based on EOS allows for absolute transparency of tariffs and calculations, as well as allows you to store all information about trips, detailed information about drivers and feedback from passengers about trips and drivers. Safety - DRIFE cares about the safety of its passengers, so the most stringent rules and checks for drivers will be implemented before they can work with the platform. A more detailed description of the project’s benefits at https://www.drife.one.

DRIFE will not limit users and drivers in fare payment options. But for the DRF tokens there will be special bonus offers and discounts that will make the token in demand. You can read more about this and many other things in the WhitePaper project. You know, it sounds very attractive and creative. A similar concept, I personally, have not yet met. Now let's look at the ICO of this promising project.

Project Features

The decentralized DRIFE platform can favorably affect the scope of passenger traffic by reducing the cost of travel, as well as increasing revenue for drivers. The project will be based on the EOS blockchain, where all the necessary data will be stored. In addition, an important feature is the availability of a voting system, which will be able to bring the platform to a new level due to timely improvement and solution of the problems encountered. Not to mention the presence of a loyalty system for customers who pay for travel using internal project tokens.

No commission charged. Since the network is decentralized, this means a complete absence of intermediaries, as well as the fact that the full cost of the trip passes to the driver.
High security. Since the platform developers pay special attention to ensuring safety, it is planned to introduce thorough checks of drivers before leaving.
The practical significance of the idea. Over the past ten years, a large number of projects based on blockchain technology have appeared. Of course, many of them are admired through the introduction of innovative technologies, the use of artificial intelligence. But it is important to note that the overwhelming majority have no practical significance. It is the poet that the implementation of this project can significantly make life easier not only for people who occasionally use the services of passenger transportation, but also for people who are directly involved in this field.

ICO Details

Conclusion

At present, the world taxi market is estimated at 108 billion dollars. Statistics show that this indicator is constantly growing. New approaches to business develop the industry and contribute to the increase in total revenue. Like any other business, taxis are an actively growing segment of the market. Analyzing the current development dynamics, experts predict that the total capitalization of the taxi market will grow to $ 230 billion by 2025.

The Drife project is presented as an innovative approach to the transformation of the private passenger transport market. Now this sector of economy has a good potential for the development and implementation of modern technologies. Drife developers saw this as an opportunity to take their place in the market and set a new vector for the development of the industry.