Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. Cryptocurrencies are a kind of alternative currency and digital currency (of which virtual currency is a subset). Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.
The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.
Bitcoin, first released as open-source software in 2009, is generally considered the first decentralized cryptocurrency. Since the release of Bitcoin, over 4,000 altcoins (alternative variants of Bitcoin, or other cryptocurrencies) have been created.
In 1983 the American cryptographer David Chaum conceived an anonymous cryptographic electronic money called ecash. Later, in 1995, he implemented it through Digicash, an early form of cryptographic electronic payments which required user software in order to withdraw notes from a bank and designate specific encrypted keys before it can be sent to a recipient. This allowed the digital currency to be untraceable by the issuing bank, the government, or a third party.
In reference with the motion of this article, Today! I will be presenting you a particular undisputed project called: DRIFE
WHAT IS DRIFE?
DRIFE is a decentralized ride-hailing platform powered by blockchain with the intent of empowering value creators within our ecosystem – these include the drivers, riders, and community developers. DRIFE plans to disrupt the existing business model and remove the corporate intermediaries involved in the transactions. In less than a decade, over 1600+ cryptocurrency platforms built on the premise of the blockchain technology now exist. New startup enterprises, great innovative technologies, and improved scalability features from the original blockchain have elicited awe. However, more than 90% of these projects lack practical application or utility. Most of them are created as sub-chains or sidechains leveraging the power of more efficient systems. Despite the opportunities being accorded by the blockchain enterprise, adoption for most of these platforms is still out of reach because: Our ride-hailing platform has created a new paradigm for the ride-hailing industry.
MORE DETAILS ABOUT DRIFE
Our ride-hailing platform has created a new paradigm for the ride-hailing industry. We are 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.
In less than a decade, over 1600+ cryptocurrency platforms built on the premise of the blockchain technology now exist. New startup enterprises, great innovative technologies, and improved scalability features from the original blockchain have elicited awe. However, more than 90% of these projects lack practical application or utility. Most of them are created as sub-chains or sidechains leveraging the power of more efficient systems. Despite the opportunities being accorded by the blockchain enterprise, adoption for most of these platforms is still out of reach because: Not many real-world use cases have been fully disrupted
THE BENEFITS OF DRIFE PLATFORM
DRIFE aims at shifting the focus from the existing commission-based platforms to a decentralized network with a new economic model, where 100% of the fare paid by ‘commuter’ goes directly to the ‘Drivers’.
Incentivise Social Platform:
DRIFE provides additional incentives to its network users contributing towards the platform’s betterment through social interaction and network building.
DRIFE believes in a democratic engagement of network participants towards financial and operational decision making for the platform.
DRIFE values the safety of the commuters and endeavours 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.
DRIFE PROJECT ROADMAP
DRIFE TEAM BOARD
DRIFE ICO AND TOKEN REVIEW
ICO PERIOD: 2019-01-10 – 2019-03-10
TOKEN SALE WILL OCCUR IN THREE STAGES:
Presale: Discount Rate-20%
Total No. of DRF to be sold => 32.5 Million
Main ICO I: Discount Rate-15% Total No. of DRF to be sold => 65 Million
Main ICO II: Discount Rate-10%
Total No. of DRF to be sold => 65 Million
DRF is a utility token that will also function as a currency within our platform. It will be used to execute ride payments, access loyalty rewards and staking functions on our platform.
Token Symbol <<>> DRF
Price <<>> 1 DRF = 0.25 USD
Bonus <<>> Available
MVP/Prototype <<>> Available
Platform <<>> Ethereum
Accepting <<>> ETH
Minimum investment <<>> 0.1 ETH
Country <<>> UK
Whitelist/KYC <<>> KYC
Restricted areas <<>> USA, China
MY OPINION CONCERNING THIS PROJECT
In my own perspective, I can see DRIFE as an innovative, incomparable and undisputed project with a great vision and unique ambition to be the most smartest and respective projects in the nearest future all over the globe.
Nowadays a lot of projects are being created in different countries, But not much of them with solid standard and good qualities asDRIFE does.
For more or further details, please! Kindly follow the links below:
••BITCOINTALK PROFILE LINK:https://bitcointalk.org/index.php?action=profile;u=1907552;sa=summary