Home Crypto News An summary of peer-to-peer ridesharing utilizing blockchain

An summary of peer-to-peer ridesharing utilizing blockchain

by Cryptoroz

Ridesharing functions like Arcade Metropolis, DAV Community, Ridecoin, and Jolocom are a couple of examples of platforms utilizing peer-to-peer ridesharing know-how. They exhibit the potential of blockchain know-how to revolutionize the ridesharing business and create a extra environment friendly, clear and safe platform for riders and drivers.

Arcade Metropolis

Arcade Metropolis is a decentralized ridesharing platform that makes use of blockchain know-how to attach riders and drivers. The platform permits funds between passengers and drivers by way of sensible contracts and presents post-ride buyer scores.

DAV Community

Utilizing this blockchain-based platform, anybody could create and handle their very own transportation companies, together with ridesharing, supply, and logistics. Through the use of blockchain know-how, the platform facilitates protected, peer-to-peer transactions between customers and drivers.


Ridecoin is a blockchain-based ridesharing platform that makes use of its personal cryptocurrency, RideCoin (RIDE), to facilitate funds between riders and drivers. To ensure that drivers and passengers are safeguarded throughout the transaction, the platform additionally makes use of sensible contracts.


Jolocom is a blockchain-based identification platform that permits customers to soundly retailer and trade their information, together with their identification and fee data. This might probably be used to allow a safer and decentralized ridesharing platform sooner or later.

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