RED CAB LLC: Decentralized Ecosystem Of Transportation Services Based On the Blockchain technology

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RED CAB LLC: Decentralized Ecosystem Of Transportation Services Based On the Blockchain technology
![](https://cdn.steemitimages.com/DQmdp2UiBkbEsbp5iXM6nT7h5QopkARKdaLmSTJHiA81PEi/image.png)

Human beings have utilized different modes of transport through the centuries. The technology has evolved, so as our mode of transport. The transportation industry has seen huge changes in the terms of technology development and usage by the people. Large-scale use of cars is a common sight in multiple countries as they have become the mainstream mode of transport. Car-hailing services have become the popular choice for people around the world. Internet and mobile have helped people connect the drivers with the riders at any time.

One of the biggest challenges is the monopoly of big players in the industry, who tend to undermine the profitability of the drivers and car owners. The transportation industry is faced with the serious challenge of technology integration as the new technology is being launched in the market.

The customer needs safety and security of their ride in all the conditions. Despite the huge success of many car-hailing platforms around the world, there are many things which need to be done for the growth of the industry as a whole. Do you think it is possible to create a platform that solves the challenges of the industry?

**Solution offered**

REDCAB LLC is offering a unique model of car-hailing services based on the latest technology. Not only carpooling services but it also offers delivery services, pick up services, and hotel & airport transportation. The app is available on the google play store. There are different categories of the cab offered on the platform such as economy cab, family cab and luxury cab.

You can select the choice of your cab depending upon your situation. A new concept of ads is being offered on the platform which is called geo-ads. The restaurants, malls, airports, and hotels can advertise their services on the mobile app depending upon the location of the users.

Deep learning and AI are being used for promotional ads on the platform. CABBI is an AI-powered road assistant developed by the team which guides the users about the trips, hotels and the journey. Blockchain technology and smart contract will be used for the security and transparency on the platform.

Proof Of Driving consensus algorithm is used on the platform which motivates the drivers to offer rides to the people. Another algorithm which is being utilized on the platform to increase the usage of the app is the Proof Of Marketing. The users of the platform are being rewarded with the cryptocurrency tokens once they refer the app to their friend, and he takes his first ride.

**ICO INFORMATION AND TEAM**

100,000,000 REDC Tokens are created on the platform in which 40% of the total tokens are reserved for the crowd sale. The main token sale will begin on the 22nd June 2018 and continue until 15th August 2018.

41% of the funds will be spent on the marketing, acquisitions, and partnerships while 29% of the funds will be spent on the product development. The team working on the project is experienced and determined to create the best offers and services for the people.

**Conclusion**

Many startups have become successful in many countries following the model of big players in the industry. The reality of the industry is quite different as it is being faced with multiple challenges. Network dominance model is launched by the platform where the supply and demand of the cars are managed by the community. The decentralized ecosystem of transportation services is the ultimate aim of the platform.
![](https://cdn.steemitimages.com/DQmPCGuMEFa8wx6oyLD8X2YWSzfku6uBaiXWwjHwNYx5cAT/image.png)
They believes that blockchain technology can be the driving force in the industry. Providing equal opportunities to the drivers and the customers on the platform is the main goal of the platform. I think that people will find many unique features on the platform, which will help in the large-scale adoption of the blockchain technology. What do you think about the services offered by the platform? Do you think that blockchain technology will create the revolution in the industry?

**Website:** [**https://redcab.io/**](https://redcab.io/)

**Whitepaper:** [**https://redcab.io/downloads/Whitepaper\_EN\_v1.0.pdf**](https://redcab.io/downloads/Whitepaper_EN_v1.0.pdf)

**Published By:Kishan748
Btalk Profile:https://bitcointalk.org/index.php?action=profile;u=1027561**
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