RideNode is an Ethereum blockchain-based transportation solution token and promises to disrupt the current market dominated by the likes of Uber, Lyft, Via and many other taxi services. The ERC-20 based RideNode token promises to provide a better alternative to the customers with a zero percent commission fee, and use of blockchain to cut the middlemen.
RideNode would operate via the BayRide Mobile application where it can be used as a payment currency for the transportation service a customer use. There is no commission charged by the firm from drivers to use its a platform. The customers pay directly to the driver unlike the current model where the customers pay to the company and the company pays a cut of the ride to the driver. This makes it very attractive for investors and therefore has a lot of chance to succeed. An excellent project from a very promising team. I think that the project will be implemented in the crypto world. More info: https://ridenode.io/
BayRide Inc. is building RideNode™ (RIDE), the first American Transportation Blockchain, that enables the ridehailing market to thrive beyond its limits in order to allow direct transactions between drivers and riders and provide security protection by implementing features like S.M.A.R.T.FARE™ and RideGuard™.
Originally posted on Mundo Das Criptomoedas. Steem blog powered by ENGRAVE.