Blockride
experience the future of decentralized transportation
Created on 14th April 2024
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Blockride
experience the future of decentralized transportation
The problem Blockride solves
The decentralized automobile booking system solves several transportation industry issues:
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Eliminating Intermediaries: It removes costly middlemen, making rides more affordable for users and increasing earnings for drivers.
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Enhancing Transparency: Through blockchain and smart contracts, it ensures transparent pricing, payments, and governance processes.
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Improving Security: Utilizing decentralized architecture and encryption, it strengthens security and safeguards user data from breaches.
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Expanding Payment Options: It offers diverse payment methods, including digital tokens, UPI, and cash, ensuring accessibility for all users.
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Promoting Sustainability: By incentivizing electric vehicle use and carpooling, it reduces environmental impact and fosters sustainable transportation practices.
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Optimizing Traffic Management: Leveraging real-time traffic data and driver incentives, it improves traffic flow and efficiency, minimizing congestion and delays.
Challenges we ran into
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Seamless UX: Minimizing screen time interaction during rides posed a challenge in designing a seamless user experience.
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Custom Coin Development: Creating a custom coin for web3 presented challenges, but the foundational aspects were covered in the platform's ideology.
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Real-Time Traffic Alerts: Implementing alert systems to inform drivers about traffic ahead required real-time data, presenting technical and logistical challenges in ensuring timely and accurate information dissemination.
Tracks Applied (2)
Ethereum Track
ETHIndia