What’s the first thing that hits your mind when you hear ridesharing? Well, if you’re like every other person out there, you’re thinking Uber. Of course, it’s no longer news that in today’s world of on-demand transportation, Uber leads the way. Yes, they basically have portals in just about every country in the world and unsurprisingly, people can’t seem to get enough of their services. Of course and as you probably guessed, there are still many other cab service platforms besides Uber — say Taxify, Lyft, and the likes. In fact, in the USA, over 5 billion rides were completed in 2017! That’s not all — users of on-demand taxi services are expected to reach 500 million by 2021.
So what’s the point?
Well, it’s pretty clear to see that the demand for cab services is as high as can be. But unfortunately, the industry is not without its fair share of problems. First off, today’s cab service providers use a centralized approach to carry out its operations. Moreover, the cab booking process is not without intermediaries (which add to customer expenses) and lack of transparency is yet another challenge in itself.
With this mind, just about every one of us can tell that blockchain technology is the ultimate solution to the problems faced by the industry. Yes, with its revolutionary solutions, people will be able to do what they’ve always wanted — connect directly with drivers and enjoy the best possible service at a reasonable price! What more could you ask for?
Well, we’ve got the answer!
Here are top 4 platforms that are already gearing up to disrupt the on-demand transportation industry.
Let’s kick-start our list with La’Zooz — a community-driven, cooperative ride-hailing service. As a growing decentralized carpooling platform, Lazooz looks to facilitate safe and secure peer-to-peer interactions between drivers and users. Essentially, Lazooz’s aims to make the most of the current ridesharing infrastructure by boosting efficiency and affordability. Now, since La’Zooz is a blockchain-based platform, it going to somewhat different from the usual traditional operations. Speaking of which, La’Zooz is going to allow for the distribution of fair rewards instead of relying on fixed prices. So yes, the rewards (Zooz tokens) are basically decided upon by members of the community. It’s also good to point out that users who introduce other people to the ecosystem will get to receive tokens for their actions. Moreover, the simple act of sharing movement data can increase your chances of getting rewarded as well.
To sum it up, La’Zooz is a platform that has the potential to transform the industry with collaborative transportation. And oh, you can also download their app to get a better idea of what the platform has in store.
Arcade City is yet another blockchain-based ridesharing platform that’s looking to promote fairness and efficiency in the industry. As with LaZooz, Arcade City allows for peer-to-peer ridesharing. So yes, the platform gives drivers the ability to connect with users who are looking to get to whatever destination that holds their fancy. Essentially, Arcade City aims to make life easier for drivers; in essence, they’ll get to earn more and of course, build loyal customer bases on their own terms. It’s also good to point out that Arcade City’s mode of operation is independent and self-governing. Of course, it’s only normal for it to be this way since everything runs on the blockchain. We also think it’s worth mentioning that Arcade City has very low annual driver turnover (8%) compared to its traditional counterparts like Uber and Lyft (50% – 90%). At the time of writing, Arcade City has already solved some of the industry’s problems in Austin and of course, ready to expand to New York and other cities in the USA. All in all, Arcade City is one platform that’s totally worth checking out in 2018 and beyond.
Snagride is the first long-distance ridesharing community that combines artificial intelligence with blockchain technology through smart contracts. This fully functional platform gives you the opportunity to find and book rides in real time. So of course, the process is as simple as entering the city you’re leaving from and the city you intend to go to. Once you do this, the platform will match you with several different drivers heading to your destination, you choose who you want to ride with, pay and get going! As for payments, you’ll be happy to hear that the platform accepts both credit and debit cards. And of course, you can pay online or via your smartphone. Yes, the process is as easy and straightforward as can be! And oh, you can also choose to be a driver if you want. Be sure to check out their site to learn more.
Our last and final pick is Chasyr — a platform that aims to be one of the best community-driven ridesharing services right now. Of course and as you probably guessed, Chasyr is focused on delivering a much better ride-sharing experience to both users and drivers. As a blockchain-based platform, Chasyr looks to cut off the middlemen and facilitate a better relationship between drivers and users. With this in mind, you can tell that drivers will get to keep what they earn and clients won’t necessarily have to spend a fortune to reach their destination. Now, there isn’t much to say about Chasyr at the moment, but we know for sure that the platform will certainly play its part in the revolution.
So far so good, we’ve explored up to 4 blockchain-based ridesharing platforms that can revolutionize shared road usage. And we’re pretty sure that you’re set to check them out and see exactly what they have in store. Well, at this point, we find it important to note that decentralizing transportation won’t be an easy task. With big players like Uber, Lyft, and Taxify, you can tell these platforms still have a pretty long way to go. But of course, with time, blockchain is going to take over. Here’s to the future of transportation!