DRIFE – a Nexgen Decentralized Ride Hailing Platform

Abstract

Every day people travel from one place to another. Some use private or public transportation. Since it was first discovered, global transportation has developed very rapidly, from using steam power to using solar energy. The development of global transportation cannot be separated from technology that makes it complete.

An example of global transportation that is currently popular is the Ride-Hailing platform. One of the platforms that introduced this model is Uber. It is estimated that the Ride-Hailing platform will continue to be used by many people and experts predict that this industry will continue to grow and is very potential.

Introducing DRIFE

DRIFE is a decentralized ride-hailing platform powered by blockchain with the intent of empowering both, the drivers and commuters. DRIFE has a goal, where each participant who contributes can be empowered fairly and evenly through blockchain technology that has been proven safe and has been used by many companies globally.

DRIFE plans to disrupt the existing business model and remove the corporate intermediaries involved in the transactions through blockchain technology.

DRIFE wants to give an example to other competitors, a safe and transparent transportation service, which truly gives value to the people who contribute to it.

DRIFE Solutions

  • Value Creators & Extractors

DRIFE aims at shifting the focus from the existing commission-based platforms to a decentralized network with a new economic model, where creators and extractors can be empowered and valued.

  • Decentralized Platform

With the power of the Blockchain technology, the DRIFE platform strives to bring a new paradigm to the ride-sharing scenario and solve the horde of issues that have emerged from the current model of centralized business.

  • Sustainable Driver Income

DRIFE aim is to eliminate excessive transaction fees, reduce censorship (reduce interference from DRIFE side) and redistribute value back to the community, enhance transparency and return governance responsibilities back to the community.

— Transparency

Blockchain implementation creates a fully auditable and valid ledger of transactions that is indelible and unforgeable. With a user-friendly interface to access the same, transparency in payments and fare calculations can be achieved.

  • Badge of Honor

Unlike the rating and evaluation systems employed by incumbent players, DRIFE brings in an innovative and holistic approach to gauge the services provided by drivers and reward them accordingly

  • NO SURGE PRICE

DRIFE ecosystem leverages a ‘No Surge Price’ model to sustain rider’s loyalty and create sustainable income for drivers by paying them additional incentive during surge time, which will be tracked using a heat map, which will get activated when demand is greater than demand.

  • Safety

DRIFE values the safety of the commuters and endeavors to carry out multiple security checks on the drivers before on-boarding and whilst in service. DRIFE also provides infrastructure for broadcasting Emergency SOS signals within the community to solicit help.

In Conclusion

DRIFE is the first platform in this niche to express the full features of the decentralized ride-hailing economy. With the power of the Blockchain technology, the DRIFE platform strives to bring a new paradigm to the ride-hailing platform and solve the horde of issues that have emerged from the current model of centralized business. The growth of the platform not only contributes to the objective of DRIFE but also enhance the overall value provided to all the stakeholders concerned like driver’s income, commuters fare, cybersecurity and transparent governance.

Token Sales

• Blockchain type: EOS
• ICO Token Type: ETH ERC-20 Compliant Token
• Token symbol:DRF • Total supply: 325 Million DRF tokens
• Economic model: 1-3% annual Inflation (depends on decision-making by the community)
• Whitelist: Yes
• KYC: Yes

Buy Token Here: https://www.drife.one/

Contact

Website: https://www.drife.one/
Whitepaper: https://www.drife.one/wp-content/uploads/2019/03/Drife-Whitepaper-v1.4.pdf
Facebook: https://www.facebook.com/drife.official/?ref=br_rs
Telegram: https://t.me/Drife_officialchat
Twitter: https://twitter.com/Drife_official

Bitcointalk Username : Thymoty
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1072412
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sirait

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