REDCAB: BRIDGING THE GAP FOR TRANSPORTATION NEEDS

mickeyberry (42)in #blockchain • 6 years ago (edited)

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PRELIMINARY

In the world we live in today, transportation company is a sole core of the companies that have an impact in our lives on a daily basis. Every individual globally needs a transport to move from a point to another. Even though everyone needs this transportation, there are several challenges that accompany it in one way or the other. Thanks to blockchain technology that has evolved to solve most of these challenges. Though only a few transport companies have adopted blockchain technology and have seen the difference from the traditional means of a transportation system. Blockchain technology has advanced a lot of method of operations, transactions and the sharing economy at large. It has eradicated intermediaries from businesses, improve transparency, security, and trust thereby motivating most companies to move from centralized means of processes to decentralized (Peer-to-Peer) means of processes.
RedCab which is the next generation peer-to-peer transportation company has adopted the blockchain technology ecosystem to scale its processes worldwide and to provide an innovative resolution in the decentralized peer-to-peer transportation environment globally.
The present operation model of transportation is centralized that still adopt the use of middleman that incurs a high rate or transactions or transportation. However, RedCab is powering its platform with the integration of blockchain technology and govern by smart contracts – this brings in trust between two parties executing a deal, transparency, convenient, and security in transportation services.
RedCab with its partner that will be listed below will be bringing cryptocurrency and decentralization into transport market at large permitting users to benefit from safe, progressive and affordable transport services globally.
Air pollution is a big threat and challenge to the world today because of carbon being emitted by the automobile into space. Read more about this car pollution here for more insight here. The one thing that can reduce this carbon in polluting our environment is the use of electric cars and also build charging stations around to charge them just like filling stations to the cars we use today. Read more about what exact problems do electric cars will solve here in Quora.

WHAT IS REDCAB

REDCAB was founded in the year 2016 and started on-ground operation in 2017, it is a decentralized peer-to-peer (P2P) global transportation solution platform. RedCab's platform is powered by blockchain technology and govern by smart contracts with various features such as proof-of-driving to get drivers on the wheel, proof-of-marketing to get customers to do the marketing, pushed expert Geo Ads and an Artificial Intelligence powered road assistant for the benefit of transportation industry in achieving better business services and to enhance customers experience.
The RedCab platform allows access to the global market with a transparent methodology, reduce expenses of transportation for end-users saving more funds made via intermediary services.
The RedCab platform has Cabbi embedded in the mobile application as an Artificial Intelligence (AI) engine. Cabbi is a customer service assistant and a marketplace guide. Cabbi helps the user with a daily trip, visits, meetings, and events and also communicate the driver with the next trip locations, trip ratings, emergencies, wallet transfers, token generation advice, and price alert and many more.
RedCab will be using part of the company's investment in building charging stations for electric cars in Egypt. Hopefully, in the near future, most countries will adopt the use of electric cars in order to save our planet. See photo below on how electric cars will be powers just like fuel cars.
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PROBLEMS

The car-hailing big players subsidize taxi companies without any vivid insight into their business needs.
Copycat business models without innovation.
Unreliable and trustless transportation services.
High competitive price.
High fare rate.
Drivers lack flexible shifts.
Transactions involve the service of middlemen thereby incurring high service cost.
Lack of trust, transparency, and security.
Prolong waiting time.
Non-transparent rating and reviews

SOLUTIONS

Eradication of middlemen through a decentralized P2P platform.
With the integration of blockchain technology and smart contract, transportation industries and users will experience extreme trust, convenience, faster and secure transactions, and security.
Low fare rate and high savings.
Smooth market penetration via lean and reliable processes.
Artificial Intelligence powered personal assistant to enhance emotional engagement and customer experience.
Transparent rating and reviews through the help of blockchain technology.

HOW TO EARN REDCAB TOKEN VIA THE REFERRAL PROGRAM

Spread RedCab services across your social platforms, working place, where you live and even on your site and get incentivize with the RedCab token (REDC) when any of them uses the RedCab mobile application and the driving services.

MOBILE APPLICATION

The RedCab mobile application is readily downloadable on the Android and Apple iOS device through Google play store and App store respectively. The application has various features such as:

Global reach – parents can monitor their child's trip through integrated sharing ride route;
Schedule rides via the pre-schedule options for prompt pick-ups;
Carpooling a feature where a user can create a ride and invite nearby hailers or trip companions with multi-drop off and pick-up locations all for a lower cost. Carpooling is used in busy cities'
Luxury trip feature is for those who like luxury, uniqueness, and specialty.
The Peer-to-Peer feature allows a user to order a ride and get the nearest driver.

REDCAB SERVICES

Hotels and Airports
Delivery
Pick up

TOKEN INFORMATION

The RedCab token (REDC) is an ERC-20 standard on the Ethereum blockchain used as the fuel of the platform for purchases, transactions, referral reward and to incentivize drivers.

TOKEN NAME: REDCAB
TICKER: REDC
PROTOCOL: ETHEREUM
TOKEN TYPE: ERC-20
TOTAL REDC SUPPLY: 100,000,000
HARD CAP: 24,529 ETH
PREICO PRICE: 1 ETH = 2,682 REDC
ICO PRICE: 1 ETH = 2,333 REDC
ACCEPTED CURRENCY: ETHERUEM (ETH)

TOKEN DISTRIBUTION

REDCAB TOKEN DISTRIBUTION.png

TEAM AND FOUNDERS: 9%
ADVISORS: 3%
PRIVATE SALE: 7%
PRE-SALE: 15%
RESERVED FOR PROOF-OF-DRIVING AND PROOF-OF-MARKETING TOKEN GENERATION ALGORITHM: 25%
CROWD-SALE: 40%