RedCab: smart global transportation ecosystem on the blockchain

Blockchain technology successfully penetrates into all aspects of human life greatly improving our lives. It remains only a matter of time before they displace most of the familiar forms of interaction between people and companies around the world.

One such form is the passenger transport area, and RedCab has set itself the task of improving and upgrading it. It should be noted that RedCab has been engaged in transportation since 2016. Already in 2017 the first launch of MVP took place, which began to be actively introduced in the resort city of Hurghada. In order to develop its product on world markets, RedCab is launching its own ICO.

RedCab decentralized ecosystem

The problem of decentralization has become especially urgent after the problems of Uber in 2017, when after the reduction of tariffs, massive discontent among taxi drivers arose. The incomes of the latter decreased at times. Such innovations undoubtedly pleased the passengers. However, do not forget that drivers, by the way, have to pay for gasoline, insurance and car repairs.

RedCab's main idea is to create an ecosystem that is equally useful to both drivers and passengers.

The RedCab team is developing its decentralized technical platform, which, with all the advantages of the blockchain technology, organizes a single service where each participant will benefit. It will offer various transportation services, for example, delivery service, car rental, etc.

The application for iOS and Android is already available for download, with which you can quickly order transportation services.

Advantages for customers:

• Fair fare;
• Choice of cars depending on the nature of the trip;
• Prompt delivery of the car;
• Various bonuses accrued in the form of digital tokens.

Advantages for carriers:

• Constant orders and, accordingly, a stable income;
• A unique PoD system (proof of driving) stimulating drivers to receive rewards;
• Low commission until its absence;
• A wide range of transport services;

The RedCab team

The project attracted a large number of specialists from various fields. These are professionals under the leadership of the CEO Mohamed Mousa.

ICO details

• ICO will last until August 15, 2018.
• Token - REDC
• Platform - Ethereum
• Type - ERC20
• PreICO price: 1 ETH = 2,682 REDC
• ICO price: 1 ETH = 2,333 REDC
• Min. investment - 0.1 ETH
• Accepting - ETH
• Distributed in ICO - 62%
• Hardcap - 24,529 ETH.

Conclusion

First of all, the team intends to introduce its ecosystem in tourist places. This is logical because there is weak competition in contrast to large cities. Already in the next 3 years, RedCab plans to compete with companies operating in the cities of Europe and Latin America. The project remains to wish successes in development, and investors a good profit in the long run.

To learn more about the details of this project visit the official website https://redcab.io/ and read the whitepaper: https://redcab.io/downloads/Whitepaper_EN_v1.0.pdf

Official resources of the project:
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

Author Cryptozond: https://bitcointalk.org/index.php?action=profile;u=1190894
ERC-20 wallet: 0xE09319CEB0C8cf2029e27F85E1Bcb1159c63aF8e