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An summary of peer-to-peer ridesharing utilizing blockchain

Gaze Weekly by Gaze Weekly
February 25, 2023
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An summary of peer-to-peer ridesharing utilizing blockchain
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Ridesharing purposes like Arcade Metropolis, DAV Community, Ridecoin, and Jolocom are just a few examples of platforms utilizing peer-to-peer ridesharing expertise. They display the potential of blockchain expertise to revolutionize the ridesharing trade and create a extra environment friendly, clear and safe platform for riders and drivers.

Arcade Metropolis

Arcade Metropolis is a decentralized ridesharing platform that makes use of blockchain expertise to attach riders and drivers. The platform permits funds between passengers and drivers through sensible contracts and gives post-ride buyer scores.

DAV Community

Utilizing this blockchain-based platform, anybody might create and handle their very own transportation providers, together with ridesharing, supply, and logistics. Through the use of blockchain expertise, the platform facilitates protected, peer-to-peer transactions between customers and drivers.

Ridecoin

Ridecoin is a blockchain-based ridesharing platform that makes use of its personal cryptocurrency, RideCoin (RIDE), to facilitate funds between riders and drivers. To ensure that drivers and passengers are safeguarded throughout the transaction, the platform additionally makes use of sensible contracts.

Jolocom

Jolocom is a blockchain-based identification platform that allows customers to securely retailer and change their information, together with their id and fee info. This might doubtlessly be used to allow a safer and decentralized ridesharing platform sooner or later.





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Tags: blockchainoverviewpeertopeerridesharing
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