Red Cab Review | Decentralized Transportation Solution

Passenger transportation is one of the most numerous industries in the world in terms of the number of consumers and the volume of services provided. Today it is difficult to find a person who at least once in his life did not use a taxi or driver services. At the same time, the demand for such services and the number of companies that provide them is growing. Despite this, the passenger transport industry itself is absolutely centralized, which has a negative impact on both passengers and drivers.

The RedCab platform will be the first decentralized service by which passengers can use taxi services or private drivers on the most favourable terms.

Problems solved by RedCab
RedCab - a platform that will create a new, more technological and adaptive marketplace for passenger services. It will solve a number of pressing problems that exist in the industry:

Centralization. To date, within the limits of individual countries, up to 5 different services function, which occupy the most part of the whole transport market. This allows them to dictate their own rules and conditions on which drivers work.

High commission. Driving services today take away from drivers from 10 to 40% of the profit received from the trip, which significantly increases the payback of services and creates unhealthy competition in the market, depriving it of new participants.

The high cost of services. Due to the high commission for drivers, the total cost of services for passengers increases, which makes transportation simply unprofitable for customers.

Lack of a single market. In each country, there is a community of carriers, which complicates the transport of goods when moving from one state to another. Also, currency conflicts play a role in the payment of services.
Thus, RedCab will become a universal global platform that will meet the current needs of users and will make passenger transportation more convenient.

RedCab: Features and Benefits

In fact, RedCab is an analogue of Uber, built on blockbuster technology. The platform will become a connecting bridge between drivers and passengers in need of transportation. The former will be able to place orders, and the latter will be able to find the most suitable offers. The main advantages of RedCab include:

Use of smart contracts. Transactions between passengers and drivers will be carried out automatically using smart contracts, which will reduce the cost of transportation, and therefore the cost of the services themselves.

Blocking and tokens. Using the technology of blocking and internal tokens as a means of payment will make the interaction of users more transparent and independent. No more geographical or currency restrictions - the platform will be universal and most convenient for all.

Mobility. The project already has a functioning mobile application for iOS and Android. They will be the main tool for users to interact with the platform.

Personal assistant Cabbi. In addition to the search and placement system, the developers provide the opportunity to use the personal assistant Cabbi, built on the technology of AI. It will help you find the necessary route, analyze the situation on the road and much more.

Separately, it is worth considering the methods of generating coins in the RedCab system, which will provide additional income for both passengers and drivers. Inside the platform, two algorithms will be used simultaneously: Proof of Driving and Proof of Marketing. The first will allow drivers to earn additional tokens for fulfilling orders, the number of kilometres covered, etc. Proof of Marketing will earn money for passengers. In fact, this algorithm is the provision of a referral program, where customers must bring new users.

Redcab Affiliate System

Tokens and ICO RedCab

Inside the platform will be used ERC-20 tokens REDC. With their help, you can pay for transportation services, as well as receive rewards in accordance with the protocols of Proof of Driving and Proof of Marketing.

The total issue of coins will be 100,000,000 tokens, but 62,000,000 coins will be put up for sale. Their distribution will be carried out in the following proportions:

RED CAB Tokens

RedCab has all chances to break out into the leaders of the industry of passenger transportation and driving services. The project offers a number of innovations, including the possibility of earning money for drivers and passengers, and an assistant for artificial intelligence, and transparency of transactions. Accordingly, it looks much more attractive than the current representatives of the market for driving services.

Redcab ICO Ratings