Drife is the blockchain alternative for Ola and Uber

in LeoFinance2 months ago

Today I was excited to read the news that a start-up company is working on a blockchain alternative for Ola and Uber which is very famous in India. Uber is famous all over the world but not really feasible in all the countries and for all the drivers. I have personally seen many drivers complain saying that they take lots of commission. This has been one of the biggest pain points for the drivers.

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This new start-up company Drive is in Bengaluru based and they have come up with a Zero commission solution that connects both users and drivers. The first question I had in my mind while reading this message was to know how they would be able to survive if they don't take any commission. When I continued to read that, I found out that they are going to be charging a fixed monthly subscription fee from the drivers that would help them operate.

The users and the drivers will be able to interact and bid. One driver can ask for a cheap ride and another driver can ask for a costly little ride. The user can choose which one they would like to opt for and pick that driver. This is amazing. There are a few drawbacks though. Not all drivers are educated to do all these tricks but with proper training, they should be able to do all these. I remember once meeting a driver who was a marketing head in his previous job. He was handling so many teams and got stressed out by his job and started using Uber. I remember he said that he is now his own boss and he decides when to work and when to take a holiday. This is amazing.

Giving freedom to both users and drivers in a transparent manner is something that can make this project a successful one. This way the drivers will not be able to quote much and the users will also be able to compare the rates and pick the best one. The users will also have the option to propose a rate they would be willing to give.

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The token is already live in BSC. I'm glad they picked BSC instead of ETH because it is insane when it comes to gas fees. They have also specified that they have enormous opportunities to explore the blockchain world with the help of cryptocurrencies. They will collect the amount only in FIAT from the users and drivers but they give incentives to the drivers in the form of DRF tokens and the drivers will be able to use those tokens to reduce the monthly fees they would be paying to DRIFE for availing the service. I would say this is a great business model, and we will see the actual use case when many people start using it. But I'm glad that they picked blockchain technology for this purpose. This is one of the best examples as to how blockchain can be used in a real-world use case.


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Danyavaad Bhai saheb, thanks for your information on the blockchain version of Uber. The idea sounds great with a BSC token. The name sounds a bit odd though the concept should do well.

I voted for you as witness now. Bharat ki jai.

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Thank you so much for the witness votes. My Pranams. 🙏

Jai Sri Rama

Uber happens to be a lovely job people in my country has really taken serious and I myself is looking forward to investing in it someday.
Though they take 25℅ from driver for every trip but most Uber drivers still see this as something affordable even though some drivers doesn't find it convenient because the cars they are driving doesn't belong to them.
But seeing this new invention, I guess drivers would immensely turnout for this for it has bunch of transparency.

Maybe Uber might even get into blockchain someday. Who knows.

Maybe 😄😄😄
It's a world of technology, any this is possible

That sounds like something new and I don't think any ride-sharing businesses were using crypto. However, would the employees be paid in the crypto coin? I feel like it might be a little too reliant on the token price if it does.

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Yes people get paid in tokens but the price of the token is very stable.

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