Overview of Peer-to-Peer Ridesharing Using Blockchain
Ridesharing applications such as Arcade City, DAV Network, RideCoin, and ZoloCom are some examples of platforms that use peer-to-peer ridesharing technology. They demonstrate the potential of blockchain technology to revolutionize the ridesharing industry and create a more efficient, transparent and secure platform for riders and drivers.
Arcade City is a decentralized ridesharing platform that uses blockchain technology to connect riders and drivers. The platform enables payments between passengers and drivers through smart contracts and provides post-ride customer ratings.
Using this blockchain-based platform, anyone can build and manage their own transportation services, including ridesharing, delivery, and logistics. Using blockchain technology, the platform facilitates secure, peer-to-peer transactions between users and drivers.
RideCoin is a blockchain-based ridesharing platform that uses its own cryptocurrency, RideCoin (RIDE), to facilitate payments between riders and drivers. The platform also uses smart contracts to guarantee the safety of drivers and passengers during transactions.
Zolocom is a blockchain-based identity platform that enables users to securely store and exchange their data, including their identity and payment information. This could potentially be used to enable more secure and decentralized ridesharing platforms in the future.