Blockchain technology has also entered the transportation sector, offering decentralized transportation solutions on the RedCab platform. The future must be here because there is no industry that wants to be abandoned, because all want to utilize the technological advancements that can be offered.
There is no denying that Blockchain technology revolutionizes the way people do business, and businesses move people from point A to point B is no exception. Redcab LLC, a futuristic company in the peer to peer transportation space must ride the blockchain train to scale its operations globally and to offer a world of innovative solutions in the field of peer to peer transportation.
By changing the operating model from a centralized model that is currently used to a complete decentralized model, RedCab has great potential in competing with large funded players in the peer-2-peer transportation space. By strengthening local operations and global scaling, offering customers a transparent and cheaper business model, but increasing income for drivers, maintaining a governance model that is supported by the community in quality, safety and customer experience, no longer need to think that time will be one only challenge between Redcab and market share.
What is Redcab?
RedCab was established to ensure it offers seamless peer to peer transportation solutions. Solutions that can be enjoyed and utilized by individuals and businesses thanks to a decentralized system that has been effectively offered on blockchain technology. But this is not all; companies are not only established to create solutions, but they also design tokens that their users can use.
RedCab LLC. The company was founded to offer seamless peer to peer transportation solutions for individuals and businesses through the decentralization of all processes using blockchain technology. REDC tokens will be used as utility tokens for everyday transactions that create massive demand for limited limited supplies. Companies that have existed since 2016 with real field operations. Bringing innovative global solutions through Blockchain to the needs of existing markets with annual demand of $ 230 Billion.
Why Redcab?
Many start-ups have increased in the market recently to resolve transportation problems. Most of them are successful as businesses, but none of them succeed without social security damage.
Despite the fact that technology has bridged the gap for transportation needs and has successfully resolved several problems in the past 10 years, this leaves us with some copycat business models without iteration or innovation. Customers are not only looking for trendy services, but are looking for truly reliable services with sustainable quality and security, offering all transportation and service options at low competitive prices, and because customers do not like being misused, so on rainy days or a day with heavy traffic, “high price” rates are not a good step.
The problem is solved by RedCab
RedCab is a platform that will make it possible to create a new, more technological and adaptive market for passenger services. This will solve a number of current problems in the industry:
- Centralization. To date, in each country operate up to 5 different services, which occupy a large part of the overall transportation market. This allows them to dictate their own rules and conditions where the driver works.
- High commission. Driver services currently take drivers from 10 to 40% of the profits received from the trip, which significantly increases service return standards and forms unhealthy competition in the market, seizing new participants.
- High service fees. Because of the high commission for drivers, the total cost of services for passengers is increasing, which makes transportation unprofitable for customers.
- Lack of one market. Each country has its own operator community, which complicates transportation when moving from one country to another. Also, currency conflicts play a role in service payments.
Thus, RedCab will become a universal global platform that will meet the needs of current users and will make passenger transportation more comfortable.
Future and benefits
In fact, RedCab is an analog from Uber, which is built on blockchain technology. This platform will be a bridge between the driver and passengers who need transportation. The first will be able to order, and the second – to find the most suitable offer. RedCab’s main advantages include:
- Use of smart contracts. Transactions between passengers and drivers will be done automatically using a smart contract, which will reduce transportation costs, and therefore the service fee itself.
- Blockchain and tokens. The use of blockchain technology and internal tokens as payment tools will make user interaction more transparent and independent. There are no geographical or currency restrictions – the platform will be universal and most convenient for everyone.
- Mobility. This project already has a mobile application that works for iOS and Android. They will be the main tools for user interaction with the platform.
- Cabbi’s personal assistant. In addition to the search and order system, developers provide the opportunity to use Cabbi’s personal assistant, which is built on AI technology. This will help you find the necessary route, analyze the situation on the road and more.
We also have to consider the method of producing coins in the RedCab system, which will provide additional income for passengers and drivers. The two Proof of Driving and Proof of Marketing algorithms will be used on the platform. The first will allow the driver to get more tokens for the execution of orders, the number of kilometers passed, etc. Proof of Marketing will allow you to get and passengers. In fact, this algorithm is the provision of referral programs, where customers must bring new users.
How Does the Redcab Solution Work?
RedCab is a decentralized transportation solution for individuals by utilizing Blockchain technology for cost-effective and safe transactions. On the other hand, it saves billions of dollars from transportation commissions to be given back to ecosystems that ensure business sustainability and sustainability through cutting-edge technology, performance management and customer loyalty. Our business model is designed to ensure smooth market penetration through a streamlined and reliable process, and our scoring and reward programs ensure a loyal and productive community. With variations in tariff calculations from one country to another and even from one city to another, RedCab LLC has managed to keep this tool flexible to change the best price formula without a high price or cost surge on holidays or bad weather.
Vision
The RedCab LLC team has seen clear opportunities in the transportation industry for its unique business model to balance business objectives and customer needs, supported by a strong technical platform.
Blockchain technology is considered the backbone of this business model from providing secure transactions and fast contracts; it perfectly integrates with our business model to provide a world of decentralized managed and managed transportation solutions to people who are ready to serve individuals and support businesses.
Business Overview
Provisions On Use Of Budget
- 29% Product Development
- 41% Marketing, Acquisition and Partnership
- 13% Management & Advisory Board
- 11% Admin and Operations
- 6% Law
Tokens Distribution
- 9% Team and Founder
- 3% Advisor
- 1% Bounty
- 7% Private Sales
- 15% Presale
- 25% Reserved for manufacturing tokens Proof-Of-Driving & Proof of Marketing.
- 40% of sales
ICO Details
Redcab is committed to the process of selling transparent tokens. We will inform the public about the total number of REDC tokens in circulation after the completion of the Token Sales because the tokens are printed as contributors who bought them. This is to maximize the value of tokens sold, scarce inventory, and create value for token holders after we are listed on the main exchange. RedCab will not create new REDC tokens after Token Sales.
Max Tokens Supply 100,000,000
- Pre-Sales: Starting June 1, 2018 at 12:00 AM GMT and ending on June 21 2018 at 11:59 GMT with novice investors getting a 15% Bonus until the amount allocated is sold out or ends phase.
- Main Crowd-Sale Start Date: June 22 at 12:00 AM GMT and end on August 15, 2018 at 11:59 GMT.
- Currency Received for Token Sales: Ethereum
- Token name: REDC
- Token Type: ERC20
- Exchange: 1 ETH = 2.333 REDC
- Hard Cap: 24.529 ETH
- Min Buy: 0.1 ETH = 233 REDC
What exchange will REDC register? REDC will be listed on regulated and reserve-proven exchanges, including Korea, Japan and other major exchanges that are globally recognized.
Roadmap
Team & Advisor
Exchange
Partner
Conclusion
RedCab has every opportunity to become a leader in the passenger transportation industry and driver services. The project offers a number of innovations, including the possibility of earning income for drivers and passengers, and assistants about artificial intelligence, and transaction transparency. As such, it looks much more attractive than the current market representative of driving services.
For More Information, Please Visit The Link Below:
Website: https://redcab.io/
Whitepaper: https://redcab.io/downloads/Whitepaper_EN_v1.0.pdf
Twitter: https://twitter.com/redcab_llc
Facebook: https://facebook.com/redcabeg
Telegram: https://t.me/redcab_ICO
LinkedIn: https://www.linkedin.com/company/redcab
Medium: https://medium.com/redcab
Reddit: https://www.reddit.com/u/Redcab_io
Official Author: tommisetiyawan
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1930443
Eth address: 0x851db1653D006AaC0fB4fa19cE826b2a135600ff
