The problem LiftDu solves

Idea Description:
Our Venture (LiftDU) is a groundbreaking solution aimed at disrupting the traditional ride-sharing industry, with a core focus on addressing the issues faced by auto-rickshaw and cab drivers as well as passengers when using major platforms like Uber and Ola.
The Idea:
Our idea is to create a decentralized ride-sharing platform that empowers both drivers and passengers by offering a more profitable, secure, and transparent experience compared to existing ride-sharing services. The core elements of our idea include:
Problem Statement:
Many drivers working with ride-sharing platforms find it challenging to achieve a reasonable level of profitability due to high commission fees, leaving them with meager earnings.
Passengers may not be aware that a significant portion of their fares is collected by the platform, rather than going to the drivers. Specifically, these platforms impose substantial middleman fees, often as high as 25% of the total amount passengers pay to drivers.
Data security concerns persist in traditional ride-sharing services, with instances of data breaches and privacy issues.
Solution for Problem:
LiftDu provides a novel solution by decentralizing the ride-sharing process, eliminating intermediaries and reducing fees. This approach allows drivers to retain a more substantial share of their earnings.
Our application empowers drivers to work on their terms, offering control and independence.
Data security is ensured through blockchain technology, safeguarding personal and financial data for both drivers and passengers.
LiftDu's pricing model is transparent and competitive, with initial free subscriptions for the first three months, making it attractive to passengers.

Challenges we ran into

During the project development, we faced challenges in implementing Solidity smart contracts for the blockchain component, dealing with complexities in contract logic, security concerns, and compatibility issues. Additionally, integrating IPFS posed challenges due to the learning curve, integration issues, and the need for performance optimization. To address these challenges, we conducted thorough code reviews, consulted blockchain experts, and iteratively tested smart contracts. For IPFS, we invested time in research, collaborated with the IPFS community, and conducted prototyping and testing. Despite being new to these technologies, our team's dedication and problem-solving approach led to the successful resolution of all bugs, resulting in a fully functional project.