REDCAB: Introducing Blockchain Technology into Transportation Industry

romanbank (45)in #blockchain • 6 years ago (edited)

INTRODUCTION

The innovation of blockchain technology has brought a revolution to almost all sectors across the globe. It has features to disrupt this current era in ways deems fit.
This disruption has occurred in transportation sector and so many other hosts. Disruption occurred through the Introduction of decentralization.
Decentralization subject power from a centralized system and distributed to users who in turn become the master and controller of their activities. Another outstanding feature of blockchain technology is the use of smart contracts which can be used to carry out wide varieties of transactions efficiently with no point of failure. Most times, smart contracts are used to replace intermediaries thus ensuring low transaction charges etc.

The benefits, opportunities, possibilities and potentials associated with blockchain technology is amazing and endless, thus leading a team of experts into creating a blockchain-based platform known as REDCAB

WHAT IS REDCAB ALL ABOUT?

RedCab is a project that aims to revolutionize the traditional transportation sector. RedCab want to change the cobtrol of transportation services fron the centre body and handed it over to the users of the transportation world, both the drivers, customers, and the service providers.

They want to digitize the transportation industry and brings a better p2p transportation solution. RedCab is decentralizing the transportation industry where users will have control within their selves rather than a centre body controlling all affairs.

PROBLEM OF TRANSPORTATION INDUSTRY REDCAB WANT TO COMBAT

The traditional transportation industry are being control by centre body. They are usually called Garage Chairman in my country. This people charges high levied on commercial cars. This make drivers charge high price on passengers, thereby making life more difficult for many that can not afford such price.
Again, drivers don't get a deserve salary of the job done from the transportation industry because of centred body selfish or bias mind. At time, the system delay their transaction and keep them stranded.

SOLUTIONS REDCAB WILL OFFER

RedCab has done feasibility study on transportation industry, coming out to open that the solution to the challenges facing transportation industry is to decentralize the system through the help of blockchain technology.
RedCab is creating a decentralize transportation network whereas users will be the controller of the transportation affairs. There will be channel that connect supply and the customer's needs. This kind of services resamble Uber model, but in a more digital way.
RedCab being a blockchain-based project also implemented smart contract into their platform which will help smooth transaction and cheap charges on any transportation services. With this medium, drivers will be paid accordingly to their effort and there won't be any body embezzling money here.

REDCAB TOKEN AND ICO DETAILS

RedCab has introduced their token termed REDC Token. This will be used as a utility token for this platform. Users will use the token to pay for transportation services and drivers will get paid with this token.

You can acquire the REDC token by supporting this project during this ICO event. There a lot of benefits being a holder of this token. Let support the project with all our resources.

PARAMETERS OF THE ICO

Token Symbol: REDC
Token Sale Starts: Q3, 2018
Token Sale Ends:Q4, 2018
Token Price: 1 ETH = 2333 REDC
Total Supply:100,000,000 REDC
Soft Cap: 2143 ETH
Hard Cap: 24529 ETH

TOKEN DISTRIBUTION

PRODUCT OF REDCAB

RedCab already build an application which will make everyone access the platform in an ease way.
You can download it from the following places:

RIDER APPS:
Android : https://play.google.com/store/apps/details?id=com.redcab.passenger

IOS : https://itunes.apple.com/us/app/redcab/id1330160835?mt=8itunes.apple.com

DRIVER APPS :
Android : https://play.google.com/store/apps/details?id=com.app.redcabdriver

IOS : https://itunes.apple.com/us/app/redcab-partner/id1330176815?mt=8

PROJECT ROADMAP

CONCLUSION

The introduction of blockchain technology has seen as the solution to the challenges facing the transportation sector. RedCab implementing blockchain into their platform will ensure a reliable transportation services. Passengers will get access to cab in a click, drivers will get a better payment without any transaction delay and delivery will be fast as never before.

FOR MORE INFORMATION ABOUT REDCAB, VISIT ANY OF THE BELOW OFFICIAL LINKS:

Website : https://redcab.co

ICO link : https://redcab.io

Whitepaper : https://www.redcab.io/downloads/Whitepaper_EN_v1.0.pdf

Telegram: https://t.me/RedCab_ICO

LinkedIn: https://www.linkedin.com/company/redcab

Twitter: https://twitter.com/redcab_llc

Medium: https://medium.com/redcab

Facebook: https://facebook.com/redcabeg

Reddit: https://www.reddit.com/u/Redcab_io

YouTube : https://www.youtube.com/channel/UChSUOalHabZIWL4Ewq6b0RA

This article was written by Bankroman3