BITDRIVE // WORLD'S FIRST BLOCKCHAIN BASED RIDESHARING PLATFORM

adikusnadi (39)in #cryptocurrency • 6 years ago

Introduction

Today, independent and organized guest rental services exist in almost every major city and city in the world, and they prove to be very important to our modern lives. Due to the importance of switching in our daily lives, it is not surprising that taxis and other light vehicles are in great demand right now, and the industry has become very competitive in recent years. It is currently estimated that the global market share ranges from 50 to 100 million dollars annually. Recently, the Goldman sachs survey on industries engaged in driving, gave new clues about how the industry will start booming in a few years. If growth rates are set at a constant velocity, by 2030, industries like Uber and Lyft will generate up to $ 285 billion.

Background

As Blockchain continues to expand and take risks to unknown areas, its use extends to areas previously thought unthinkable. In recent months, there has been an increase in the use of block-based services in the transportation industry. Over the years, the commuter industry landscape has undergone a variety of changes, from booking trips with calls to one-click travel orders, the industry has seen many changes in line with the growing list of passenger requirements. This gradual change is expected, because Blockchain technology is the only way that the ridesharing industry can be improved to keep up with the increasing demand for this service.

About Bitdrive

he industry, eliminating all inefficiencies and making it a fair, equitable and highly transparen---t modern business domain. Bitdrive will reorganize the entire Ridesharing idea, giving stakeholders (drivers, and drivers) total control over the experience in this innovative industry, and making ridesharing both useful to drivers, and very affordable for motorists. BITDrive will be built on a very powerful Ethereum virtual machine. It will use its original Bitdrive token as a driver of its new token economy that will seriously disrupt the way ridesharing is done, by eliminating dependence on expensive and highly inefficient vehicles in transferring value. Bitdrive will be an instant platform, which is completely secure, and very user friendly. Bitdrive is a platform that really guarantees the security of personal data from both drivers, and riders, as no one will have access to such data without the consent of the owner.

Problem statement

Driver-based applications are becoming popular around the world. But the rising popularity has also hampered the needs of the driver, as the concept of automation is being explored. On the other hand, most of these organizations employ unprofessional drivers who often drive unlicensed and damaged vehicles. Most organizations operate by taking advantage of legal loopholes that allow them to avoid the costly procedures needed to provide high quality ridesharing services. Not to mention that passengers face a hitch in centralized booking systems and are charged sky-high rates even for short distances. In most of these situations, the passengers lose a lot of money and are totally dissatisfied with the service. This includes drivers who deceive users by taking a longer route due to pricing policies. Too,

Remuneration is not enough

The number one problem faced by most companies in the market today.
The companies moving around do not care about the welfare of the drivers, they are mostly
concentrating their efforts to make the profit of getting their riders out to dry without
many things that must be maintained for the long term.

A very centralized system

Most of these companies have a centralized mode of operation as they have
embedding a centralized system. Centralized transactions are a long process
and complicated for both drivers and passengers because of them
must process their transactions through third parties or intermediaries and
this will result in accumulated additional costs.

Cost structure increases

In a centralized system there is always
hidden and unknown user fees attached to the primary cost. It gets worse when users pay through
credit / debit card. In this case even bank rates will apply.

Lack of attention for driver or passengers

There are many incidents where companies rostaring
pulling their service from a specific location and leaving many drivers on
certain locations without any work. It certainly has an impact on the passengers travel
depend on this ridesharing service.

Zero incentive for the driver to stay

The annual turn-over rate for drivers in most companies goes up the mountain
coming between 40 to 50% and this can happen before the driver actually sign up.
The companies rode the drivers initially with an advertisement of hourly rates
varies from $ 25 to $ 35 per hour, this includes commissions. But in reality
each driver gets an average of $ 10 to $ 20 per hour. The only thing that motivates
drivers are the bonuses received when completing their targets, mostly
this target time is completely unrealistic. Moreover most drivers
not seeing any incentive for them to keep them alive.

Regular tariff cuts

Frequent wage revisions and tariff cuts do not affect other people in
organizations except drivers, their income is greatly reduced and they are
should try harder to get what they will produce before tariff cuts.

Wrong policy and zero transparency

The organizational structure of the ridesharing company is specially designed
to maximize the work of the driver while the promoter and the company enjoy the part
the greatest of benefits. This is because their platform is fully centralized, which is
means the company is fully in control of business operations and will
make policy without consulting the driver. Another concerning factor is
lack of transparency in company user policies. Passengers in many
scenarios can not get travel rate details or how they are charged
expensive rates.

Proven interference by blockchain

By investing and holding on to your Bitdrive token. Not only do you take a safe bet that will pay off great results, you invest in technology with a track record that is proving to disrupt a large industry. With Bitdrive, Ridesharing will be turned on, and that's a plus for you.

Team tokens will be locked for 2 years

Our goal is long term - to build a global decentralized RIDE SHARING PLATFORM. To prove this, the Team token will be locked for 2 years.

Token with real world value

The mission behind Bitdrive is to make BTD tokens, as well as other crypto assets received on the platform, having a real-world impact. The Crypto currency will continue to be mocked by the inherited industry unless it can be seen to have an endless adoption rate. Bitdrive will crystallize this by making BTD THE ridesharing token unlock great potential for value appreciation.

Dedicated team

Bitdrive is the establishment of a dedicated team of all relevant industries, with the same passion for the delivery of star service for those who are willing to pay it. Ridesharing will be a better industry with Bitdrive, because it has a team that picks it up, and invests you seriously.

Insurance options

Bitdrive will be the world's first Ridesharing platform that has an effective inbuilt insurance mechanism, which will be decentralized.

Unique business model

Bitdrive is a sleek outfit that does not bear the luggage of the current ridesharing platform. We do not have intermediaries, payment gateways, or other wasteful practices and this means better returns for our investors

Projected steep growth

The global Ridesharing market goes one way only, and by 2030 it will be a $ 238 billion market. Bitdrive not only aims to get a piece of this cake but wants to interrupt and take over what other companies already have by providing better service for motorists, a fairer reward for the driver, and a valuable investment option for you token holder.

Provision of a permanent Token

With a fully functional token economy and fixed number of tokens in stock, investors stand to see their Tokens appreciate their value over time as the platform welcomes millions of users from around the world. Bitdrive is set to redefine our definition of long-term assets because there is only one way the value of the token will enter as it penetrates the new territory, and that way rises.

Zero Transaction costs

With Bitdrive, you no longer have to worry about the unfair transaction fees charged by banks and current ridesharing platforms. Bitdrive is not burdened by banks and other intermediaries, free transactions, and happens instantly across world borders. Bitdrive is completely Unlimited!

Otosurance BITDRIVE

Bitdrive Autosurance is the effort of the Bitdrive platform to be there for you whenever it is needed, clearing you of worrying about the dreaded rainy days. Bitdrive Autosurance is our sincere effort to be by your side, our esteemed partner in success, not just at a time when everything seems to be going well but has your back when things go awry.

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