What is DRIFE?
DRIFE is a completely decentralized ride-hailing platform powered by the EOS blockchain with the intent of empowering value creators within our ecosystem – these include the drivers, riders, and community developers. Also, DRIFE is the first platform in this niche to express the full features of the decentralized ride-hailing economy.
DRIFE plans to disrupt the existing business model and remove the corporate intermediaries involved in the transactions. What we’ve created in the DRIFE ecosystem is a new paradigm for the ride-hailing industry.
DRIFE aim is to eliminate excessive transaction fees, reduce censorship (reduce interference from DRIFE side) and redistribute value back to the community, enhance transparency and return governance responsibilities back to the community.
- Platform of the DRIFE -
Decentralization aims at shifting the focus from a central authority to the driver partners. With the power of the Blockchain technology, the DRIFE platform strives to bring a new paradigm to the ridesharing scenario and solve the horde of issues that have emerged from the current model of centralized business. The growth of the platform not only contributes to the objective of DRIFE but also enhance the overall value provided to all the stakeholders concerned like driver's income, rider's fare, cybersecurity and transparent governance.
- TECHNOLOGY STACK -
• Blockchain protocol and environment: EOS.IO
• Smart Contracts: C++
• DRIFE Services API: Node.js server with Express.js.
• Persistence Database: NOSQL Database (Google Firebase Real time Database, MongoDB)
• Mobile &Web Application: React Native and Redux
• Fiat Payment Gateways
• 3rd Party Web Services:
◦ Google Maps API
◦ Google Fire base Authentication
• IPF
DRIFE Ecosystem
Drivers: DRIFE aims at shifting the focus from the existing commission-based platforms to a decentralized network with a new economic model, where 100% of the fare paid by 'Rider' goes directly to the 'Driver’. DRIFE are determined to make an economy of Zero commission on rides, only annual Membership Fee from the driver which will give them access to DRIFE platform to get connected with the riders.
Riders: passengers receive special exclusive discounts (T&C applies) when DRIFE tokens are used to make payments for trips. Further, as incentives and bonuses when they behave appropriately during rides. More so, feedbacks on the driver, trips, overall DRIFE platform use, and network building are incentivized through the DRIFE token.
Developers: a community of open-source developers are incentivized through bug bounties and for other potentially creative in-app developments that will user experience through UI interaction for both riders and drivers.
Investors: it’s our desire that our product will have an indirect impact on adopters ‘outside’ our user ecosystem. This will include long-term investors, traders on both decentralized and centralized exchanges and all future potentials the DRIFE token will have as a result of interaction with our product and is adoptability. Incentives here will involve periodic airdrops, self-drops, and air grabs. More so, staking rewards are competitive and far beneficial than what is currently obtainable on other decentralized projects.
DRIFE aims at Building a Dapp on EOS blockchain, it will take at least 6 months for us to build the software. We are planning to launch our Dapp in 4 different regions worldwide. With the success of DRIFE in these 4 regions we will start spreading across other Blockchain friendly nations. Depending upon the legal constitution of various region our Plans to start operations might change.
- Check out more details:
Website: https://www.drife.one/
ANN Thread: https://bitcointalk.org/index.php?topic=5076512
Medium: https://medium.com/@drife_official
Whitepaper: https://www.drife.one/wp-content/uploads/2019/05/Drife-Whitepaper-v1.5.pdf
Lightpaper: https://www.drife.one/wp-content/uploads/2019/05/Drife-Lightpaper-v1.4.pdf
Bitcointalk account: https://bitcointalk.org/index.php?action=profile;u=1398397