RedCab - We make transportation decentralized

In today world, passenger transportation can be considered as a major business that cannot be ignored in anyway. Actually, it is very difficult to find even a single person who has not used a taxi service at least for a short distance in his lifetime. Also, the demand for such kind of services and the number of companies that provide such kind of services is growing day by day. But the main disadvantage of these services is all those services are centralized which will be a negative effect for both passengers and the taxi service providers.

Being the first decentralized such kind of a service, The RedCab platform is going to serve you their services in a most favorable way for both passengers and the taxi service providers or private drivers. It is a peer to peer decentralized service which is going to be regulated through the smart contracts on BlockChain.

Let’s have a look at what kind of problems that current systems are having.

Centralization -
In today world, transportation services are being controlled by centralized companies with their own rules which can be a huge disadvantage for both parties of passengers and taxi drivers.

High Commission –
The companies that control the transportation services charge high commissions from the drivers and it will discourage the new participants that come to the industry.

High service cost -
For the reason that companies charge high-commissions from the drivers, passengers will have to pay a high amount of fee for the service too and that will make taxi service a little uncomfortable for the passengers.

Different systems –
Passengers may face issues when they move from county to another for the reason that each country is having its own system to control the transportation service and due to the usage of different currency to pay the fee.

RedCab is a service based on modern BlockChain technology and it will work as a bridge between taxi drivers and passengers. Below you will able to find the advantages of RedCab platform.

Smart Contracts –
Smart Contracts will help to make the transactions between drivers and passengers automatically and it will reduce the cost significantly. That will directly effect on customers and they will not have to pay a high amount of fees like before.

BlockChain and Tokens of RedCab –
Tokens of the RedCab can be used for payments and with the BlockChain technology all the things will be done in a more secure and transparent way than ever. Being the RedCab platform a universal one, the currency restrictions will be eliminated as passengers can use RedCab tokens for the payments all over places where RedCab service offers.

Mobile App –
The project already has introduced a mobile app for both Android and iOS devices and it will help passengers to communicate with the platform very easily.

Personal Assistant Cabbi –
This is an Artificial Intelligence assistant system that the platform has introduced in order to help the passengers in a more convenient way. It will help the customers to find the route they want, analyze the situations on the places or road they want and much more.

This is a project based on Ethereum platform and it is an ERC20 token standard with the token symbol of REDC for RedCab tokens. REDC is a utility token that has been created to gain the access of the service providers and the customers to the platform. In ICO stage, you will get 2333 REDC tokens per each 1ETH you invest.

After considering all the advantages of this RedCab project, we can conclude that the project will gain more attention and the demand for the project will grow in the future. This is really a good project with high potentiality and all the ICO investors need to pay their attention to this project.

Below you can find related links to the project

Website: https://redcab.io/
Whitepaper: https://redcab.io/downloads/Whitepaper_EN_v1.0.pdf

Socialmedia of RedCab
Telegram: https://t.me/RedCab_ICO
LinkedIn: https://www.linkedin.com/company/redcab
Twitter: https://twitter.com/redcab_llc
Medium: https://medium.com/redcab
Facebook: https://facebook.com/redcabeg
Reddit: https://www.reddit.com/u/Redcab_io

Details of the Author
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