A new machine for car-hailing? What is a decentralized ride-hailing app that works without cryptocurrencies?

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Today, the old yuppie pushed a total of 3 articles.

The first one will introduce you to Teleport, a decentralized taxi-hailing application. Teleport’s user experience is designed to “mock” the current ride-hailing software, making it easy to operate. Although it is a blockchain-based application and uses cryptocurrency to drive its inner workings, users do not need cryptocurrency to use it.

More than $1.8 billion in royalties have been paid to creators of Ethereum-based NFT series. In fact, just 10 entities accounted for 27% of all royalties, while 482 NFT series accounted for 80% of all royalties to date. The reality is that royalties are not a primitive inheritance of on-chain persistence in the crypto space. Let’s discuss the royalty issue of NFTs ~ It is recommended to read the second article.

Is Tornado Cash evil as a software-based privacy tool? Article 3 is a debate on this issue and recommended reading.

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What online car-hailing software do you usually use? Yesterday, I asked a friend for a ride home and chatted with AutoNavi from Didi, and then talked about Uber and Lyft. Today, I will take a look at Teleport, a decentralized taxi app.

Teleport comes from software development company Decentralized Engineering Corporation (DEC), which has raised $9 million in funding to compete with traditional ride-hailing apps on the market. DEC said it will use the new funding to expand its platform and ride-hailing protocol, known as TRIP, which is intended to be the foundation for a decentralized ride-hailing application.

Foundation Capital and Road Capital co-led DEC’s seed round. It is worth noting that there are many former Uber employees, such as former Uber New York general manager Josh Mohrer, Flexport founder Ryan Petersen and former Uber early employee Ryan McKillen.

Uber is a monopoly, no one can compete with it, no one can build on it, no one can innovate and change. In contrast to Uber , DEC developed Trip, a new protocol built on the Solana blockchain that can be used for a variety of mobility-based applications. Trip Network is open source. Key components of ride-hailing services, such as scheduling, payments, background checks and dispute resolution, will be accessible to all network participants. This market can be created by having multiple car-sharing operators and multiple customers connected to the same network.

TRIP is designed as a decentralized marketplace that app developers can use to connect drivers and riders, leveraging the power of peer-to-peer blockchain technology to avoid middlemen and apps that are owned by large corporations.

The platform’s goal is to open up these ecosystems to strike a balance of opportunity between the available drivers and the needs of customers, without the need for a centralized service to provide and dispatch drivers. As a result, drivers get a larger share of the proceeds from their work, and using decentralized technologies that are not controlled by one big corporation, customers have greater control over the data of the systems they use.

According to DEC, Teleport’s user experience is designed to “mock” current ride-hailing apps such as Uber and Lyft, so customers and drivers can use it directly and easily. Although it is a blockchain-based application and uses cryptocurrency to drive its inner workings, users do not need cryptocurrency to use it.

Riders can pay with credit cards or USDC stablecoins, while drivers can use direct payments to bank accounts or receive payments via USDC stablecoins. This opens up plenty of opportunities for users new to the crypto world to use the app without any technical knowledge. Users who want to get paid in cryptocurrency can stay in the ecosystem.

This is also one of the strengths that I find Teleport very nice, user-friendliness is a common problem with blockchain-based applications, and it is a major reason why such applications have been slow to mainstream adoption. Teleport gets the best of both worlds by making the app similar to the expectations of drivers and passengers and giving users the option to pay in cryptocurrency or traditional payment methods.

Both TRIP and Teleport run on the Solana blockchain, and will also use a token for decentralized governance of the protocol. The Teleport app is expected to launch in the fourth quarter of this year. A pilot project will be shown at Solana’s Breakpoint conference in Lisbon in November and at Art Basel in Miami in December.

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Teleport is not the first time a decentralized app has been integrated with a ride-sharing app, there are already a few different companies testing the waters. But whether at home or abroad, all current ride-hailing software have the same problems: the identity and role of drivers, and the personal safety of passengers.

In 2020, the California Legislature passed California Assembly Bill 5, a worker law that directs companies to treat their workers as independent contractors rather than regular employees. In response to this, Uber launched Project Luigi, a program that allows Uber drivers to set prices. The move, which critics say will force drivers into a “race to the bottom” over how to set prices. Additionally, Uber shares fell 2% in December 2019 after about 6,000 cases of sexual assault in the cars of its drivers over the previous two years sent the company’s shares lower.

Among the drawbacks faced by traditional ride-hailing apps such as Uber, the issue of driver and user control is paramount, and decentralized ride-hailing apps look like a solution to the problems that have existed since the industry’s inception. Blockchain technology provides a way to make it easier, and the ride-sharing industry is where many disruptors and companies in the blockchain space want to be major players. There have been many bold claims to give drivers and users more freedom through the use of decentralized technologies such as blockchain.

One of the companies making this claim is Drife. Drife is a decentralized ride-hailing and peer-to-peer ride-hailing platform that was launched to empower drivers and riders within its ecosystem. The app is built on the Aeternity blockchain, and its business model is based on taking zero commissions from drivers. Drife will charge drivers an annual fee on its platform to access the app.

There is a feature in the Drife app that calculates the base fare based on market conditions. This feature also gives drivers and passengers the opportunity to negotiate fare prices and make pricing fair. Furthermore, since this is a decentralized blockchain application, it eliminates the middlemen and the problem of unreasonable fare increases during the ride. And, a blockchain-based loyalty and incentive program is implemented by using the native token “DRF”.

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Whether this business is successful or not, I think there must be room for development, but for me, a girl, the more consideration at this time is that the car-hailing software monopolized by large companies can restrain drivers to a certain extent. To ensure the personal safety of passengers, although negative news still exists, but every time I call a car, I can see the driver’s identity information displayed on the platform, and the route detection reminder received during the journey is what I got when I used the car in China. A little sense of security. Decentralized applications solve the economic problems of drivers and passengers, but in order to make an application software that is recognized and liked by users, it is necessary to think carefully about how to ensure the safety of passengers.