REDCAB - Decentralized Peer-to-Peer Transportation Solution Utilizing the Power of Blockchain Technologies and a Unique Business for Innovative Future

humblemee (44)in #steemauto • 6 years ago (edited)

Hello guyz!! I highly introduce a wonderful platform named REDCAB. This Innovate the travel service and advertising industries and also combine the elements with the latests technolgies, the platform substantially widens the opportunities for advertisers and redcab application users.

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RedCab LLC. offers a decentralized peer-to-peer transportation solution to individuals. Utilizing the power of Blockchain technologies and a unique business model for a transparent, affordable, and innovative future.

The Transportation System

Transportation in our contemporary time is something that has come to play an integral part in our daily life. Transportation could come in form of the movement of people or goods to different destinations. This is very important as it lessens the stress and duress required to do such things by manpower. The transport sector has undergone a lot of development and restructuring since its inception, it is still however, not devoid of some of its major shortcomings.

Hence, the need for a system of transport that tries to eliminate some of these problems. REDCAB is a project that proposes to bring a lasting solution to some of the existing problems by implementing advanced technology like marketing, supply carriers and value added services to users of the ecosystem .

Problems in Transportation Sector

Since the inception of the use of vehicles in 1908 until now when other new technologies and advancements have come, there has always been a need to always produce a better and more effective transportation service delivery system. This need is necessitated by some of the problems inherent in the transportation sector.
The first and major problem comes in terms of funding. The total amount of money spent on the purchase and maintenance of any means of transportation now is quite exorbitant. This has led to a rampant level of agitations made by people to see how these financial constraints can be lessened on them.

There has also been the problem of a centralized system of the production and use of these vehicles whether manned or unmanned. This has led to so much control both by the government and some of the manufacturers of these vehicles making the ownership of a decent mode of transport very difficult.

The interference of third parties also in the mode of payment for various means of transportation is also a problem in the course of the development of this field of endeavor. This interference has made it very necessary for the development of a medium of payment devoid of any form of third party influence of any sort.

The ease of accessibility of forms of transportation is also brought to light on this ground. It is very difficult and highly expensive to have access to a series of autonomous vehicles for use in terms of transportation and other needs associated with transportation.

INTRODUCTION

REDCAB was Founded in 2016, and launched in 2017 with a concrete roadmap unto the future of peer-to-peer transportation services. Proof of Driving and Proof of Marketing Concepts, AI Powered road assistant, Geo Ads for monetization, and a strong portfolio of on-ground operations in a very short time.

RedCab LLC is a fast forward company with a futuristic business model in the transportation space. REDCAB is a project that seeks to ultimately decentralize and tokenize our modes of transportation and advertising the mediums products, services through which transportation occurs. This project seeks to develop a widely accepted medium of transport that creates a system where everybody is entitled to and provided with a decent mode of transportation whether he or she owns an automobile or not.

Benefits of Redcab

Secure- In my opinion, this is the most important feature of redcab, although there are many awesome features, I chose this as the best because in recent years, millions of dollars worth of digital assets has been stolen from different exchanges, The brilliant brains behind redcab knows this and they use multi-layer firewalls, multi-signature, and cold hot money bag isolation programs to maximize the security of user assets.

• Transparent- Because this is a decentralised network and it is based on Blockchain technology, every activity would be transparent and can be traced on chain.

• Fast- The bane of many existing exchanges is sluggishness, many of them cannot even handle the amounts of trades initiated in the platform by traders, this makes the trading experience for the traders very terrible because of slowness in the execution of their trades, redcab features a world class financial framework that can handle large transactions per second, sluggish execution of transactions would never be an issue in redcab.

This tokenized mode of transport brings forth a model of transportation where means of transportation are provided to everybody through this platform. REDCAB digitally facilitate, verify or enforce the performance of a contract. And also, manual trust is required, this technology can play a major role with the use of blockchain technology.

The REDCAB platform allows independent individuals to also integrate their activities and other automobiles into the REDCAB ecosystem. This goes a long way towards providing a decentralized transport system or mechanism where anyone can put in their manned and unmanned vehicles or any other means of transport on the network. Anyone can buy or sell transportation service on REDCAB through the use of app. This makes for an efficient peer to peer transaction on the REDCAB ecosystem.

REDCAB is a completely new blockchain based ecosystem, It provides comprehensive ad targeting system for advertisers while maintaining full security and effectiveness of a full scale transportation app.

The goal of RedCab’s token sale is to convert our business model from a centralized app into a decentralized ecosystem that allows access to global reach and reduce expenses of transportation for users.

With our functionalities in play, REDCAB are in a position to steer toward our mission of providing a valid and secure blockchain based service full of fun and joy to our users.

UNIQUE FEATURES OF REDACAB

RESEARCH
We move people from Point A to Point B by cars and spent 1 year of research in the transportation industry to understand potentials and technologies.

RETURNS
Lowest price for peer 2 peer transportation fare for customers with high returns for drivers.

MARKET
Building one community from different markets and embracing diversity for a better world.

TECHNOLOGY
Developing a technical platform with a solid eye on the future. Introducing advanced technologies to the transportation industry to enhance customer experience and achieve better business results

Redcab eliminates the influence of third parties in the financial transactions that take place on the network. This is done by the creation of a transportation model where the drivers and users can communicate directly with themselves and settle financial transactions through the use of smart contracts that ensure speedy payment without any form of interference or charges paid to any middleman this goes a long way in saving money for all redcab users. Redcab intends to be purpose-built to enable enterprise architectures based on blockchain by incorporating both new, innovative and established technical approaches to build scalable distributed database systems.

For more Information

Token Name: REDC

Token Type: ERC20

Exchange: 1 ETH = 2333 REDC

Hard Cap: 24529 ETH

Min Purchase: 0.1 ETH = 233 REDC

Website: https://redcab.io/

Whitepaper: https://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