Home CryptocurrencyAltcoin An overview of peer-to-peer ridesharing using blockchain

An overview of peer-to-peer ridesharing using blockchain

by SuperiorInvest

Ridesharing apps like Arcade City, DAV Network, Ridecoin, and Jolocom are a few examples of platforms using peer-to-peer ridesharing technology. They demonstrate the potential of blockchain technology to revolutionize the ride-sharing industry, creating a more efficient, transparent and secure platform for riders and drivers.

Arcade City

Arcade City is a decentralized ride-sharing platform that uses blockchain technology to connect riders and drivers. The platform enables payments between passengers and drivers through smart contracts and offers post-ride customer ratings.

DAV Network

Using this blockchain-based platform, anyone can create and manage their own transportation services, including ride-sharing, delivery, and logistics. Using blockchain technology, the platform facilitates secure peer-to-peer transactions between users and drivers.

Ridecoin

Ridecoin is a blockchain-based ride-sharing platform that uses its own cryptocurrency RideCoin (RIDE) to facilitate payments between riders and drivers. To guarantee that drivers and passengers are protected during the transaction, the platform also uses smart contracts.

Jolocom

Jolocom is a blockchain-based identity platform that allows users to securely store and exchange their data, including their identity and payment information. This could potentially be used to enable a more secure and decentralized ride-sharing platform in the future.

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