Decentralized Transportation Solutions - RedCab

prasannpr143 (51)in #ico • 6 years ago (edited)

Uber, Easy Taxi, Gett has changed the taxi industry to a better level with the technologies they had in earlier years, such as smartphones, GPS, phone aplications. But the main problem is that those projects are 100% centralized, that means a central authority will do all the decision makings, price increments etc. As drivers, Do you ever think that working with those companies is a profitable way of earning? As customers, Do you think that those companies provide services at a cheaper price? Well, Your ideas will definitely be changed instantly after knowing some information about a revolutionary project named as "RedCab".

RedCab is a Peer 2 Peer transportation service company which has been built on the blockchain. As a result of the qualities of the blockchain, Business modal of RedCab is in a fully decentralized stage. So there will be no fee reduction happening as in other existing companies. Customers can get their services to the cheapest price wherever they experienced among existing transportation services, and the driver/owner can get the 100% value of his service to their hand. So what is this revolutionary blockchain? Blockchain consists of a public or permissioned ledger filled with millions of properly arranged blocks, they are linked together and experienced a process of encryption. The inclusion of blockchain gives various benefits when it comes to commercial industries, Human intervention can be nullified, which will result in a higher efficiency in every transaction happening inside the network. Financial frauds happening can be completely eradicated using this technology because every transaction in through the platform will be recorded in the earlier mentioned ledger. Payments and Financial clearances will become enhanced with changing the traditional role of intermediaries to the blockchain. The need for intermediate third parties will be nearly nullified, so the fees can be tremendously reduced. Blockchain crowned as the most transparent, decentralized, trustless, fraudless, borderless, seamless and the safest technology in the world.

RedCab has built their mobile app in 2017 and since then they have done more than 1 year of research using their application and studied about existing and upcoming transportation facilities in order to understand the true potentials, drawbacks, and technologies in the industry. Since the quality of non-existence of a central authority, transactions will be happening peer to peer, that means simply customer to the driver. All the transactions will be happening through the utility token of the RedCab named as REDC Token. So in order to get the services first, you have to own some REDC tokens. As this is the initialization of RedCab, they have started a token sale to sell their REDC tokens to a cheaper price. Upcoming huge demand will increase the price of a token drastically. So buying REDC tokens will be a huge investment too. From the hard cap of 24,529 ETH, more than 13,000 ETH has been raised. So it's better to hurry up!!

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RedCab has an ongoing token sale, where anyone can buy REDC tokens at a cheaper price. Doesn't matter, If you are a traveler, diver or an investor you can contribute this change and earn a treasury in near future.