RideNode™ is an American blockchain and digital currency for the ride and transportation sector. Built on blockchain technology to ensure openness and reliability when used and uses smart contract.
BayRide is a company that seeks to make the transportation market safer and more comfortable with the help of the latest technologies. The main purpose is to ensure the safety and security of passengers. For drivers, BayRide provides the conditions under which the commission will be at 0%, which will be beneficial for both drivers and passengers. Accordingly, drivers will receive more and passengers will pay less for transportation. In doing so, BayRide eliminates the middleman and makes the transportation industry decentralized.
BayRide Inc. will use RideNodes™ digital tokens, which will ensure transparency of transactions between the driver and the passenger, which will be carried out in the mobile application. RideNode’s™ function is to provide a payment platform and market intelligence that benefits the drivers and riders.
The RideNode™ platform will provide the following benefits:
► No need to worry about currency exchange when traveling from the airport to the hotel.
► Easy search for vehicles and the most profitable routes.
► Transaction history in one place.
► Transaction history in one place.
The BayRide Mobile Application
BayRide will use a mobile application developed for iOS and Android. Since the application uses blockchain technology, it will interest users as a decentralized platform for the ride-hailing.
The Mobile App allows you to bid for fares and gives the driver 100% of the fare.
Solutions
BayRide Inc.’s proprietary patent-pending technology
1. S.M.A.R.T.CHAIN™
Receives a screenshot of the relevant data, as well as a signature that further confirms the transaction.
This data is stored internally and individual parts are sent to the public blockchain, which displays the amount and time of the transaction. This provides a public ledger for payments that anyone can turn to in cases of financial dispute or accounting. This feature prevents fraud and fraudulent schemes and provides legal regulation of participant interaction only through the mobile application. All transactions will be recorded in the RideNode ™ blockchain.
2. S.M.A.R.T.FARE™
This technology will allow drivers to bid on real-time fares that passengers will download. Any accredited transport company can do this. The passenger just needs to take a screenshot and upload to the Bayride mobile app, then the drivers compete and then a smart contract is created.
3. Ride.P.A.L.™
This feature allows you to track your travel in real time, as well as give other people the ability to track it, ensuring passenger safety.
4. RideEx™ – package delivery service
It is a courier service and transport service that will use an already existing network of drivers to provide a delivery system.
Also in development are such applications as:
► RideGuard ™,
► The OnAir ™ Initiative.
► The OnAir ™ Initiative.
Revenue
The company plans to profit from the sale of RideGuard ™, RideEx ™ and OnAir ™ applications and others. Due to the good development and development, one can count on the high demand for these applications among users. So the main revenue streams will be subscription and advertising. The driver’s subscription will only cost $ 5.95 per month.
IEO ON P2PB2B
Token Distribution
RoadMap
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