Block Ride (Ridesharing using Blockchain)
Our proposed system aims at eliminating middlemen(ola), and establish direct (P2P) connection between the user and driver.
Created on 1st July 2023
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Block Ride (Ridesharing using Blockchain)
Our proposed system aims at eliminating middlemen(ola), and establish direct (P2P) connection between the user and driver.
The problem Block Ride (Ridesharing using Blockchain) solves
Local auto and taxi networks refuse to allow Ola/Uber to operate in their area, fearing slavery, diminished income, and the loss of ownership and independence. In addition to the aforementioned issue, corporate companies refuse to allow the driver and user to communicate directly and retain 25% of the entire amount paid by the client to the driver.
Challenges we ran into
Blockchain technology, especially public blockchains like Ethereum, can struggle with scalability when handling a large number of transactions.ide sharing services require users to share personal information and establish trust.Smart Contract Complexity.Peer-to-peer ride sharing services are subject to various regulations, such as transportation licensing and insurance requirements.Convincing users to adopt a new decentralized ride sharing platform can be challenging.Many blockchain-based ride sharing platforms introduce their native tokens for transactions and incentivization.Integrating blockchain-based ride sharing solutions with existing transportation infrastructure, such as GPS systems, payment gateways, and mapping services, can be challenging
Tracks Applied (2)
Ethereum Track
Polygon
Ethereum + Polygon Track
Polygon