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Thursday, October 10, 2019

Decentralized Ridesharing ehat is there next step

Many ride-sharing technology sharing apps face criticism today for the exploitation of people working on the platform. The largest view is due to the concentration of resources and the concentration of wealth, accelerated by a few giants of mobility and boarding space.

These companies seem to be monitoring the system in the future without the involvement of those working on these platforms. Now is the time to change the business model where society is at the top and business is second. There are solutions we are working on in the centralized market of the ride sharing industry.

Problems

The idea starts with the establishment of a free market where most of the largest on-demand companies work.

These free markets are supposed to try to solve the problem if they are effective if all players are reasonable with minimal government regulations. Today, however, tech companies cannot adapt to this "fair" model.

Because competition can't find a fair space.

Enterprises exploit platform-related end-users to raise money, burn cash, quickly build monopolies, and spend quickly on drivers and customers.

And once a monopoly is established, customers and drivers are using higher cost / fees and increasing profit margins. Competition is considered essential for capitalism to survive, but this has not happened so far, creating even more problematic situations.

The resolutionWe propose a three-step solution that requires these key components to adjust the market.

There are two main aspects to this component. The first property shared between the company working on the platform and the driver. Second, it shifts power to decision-makers regarding pricing. The current scenario is biased by the company making decisions based on profit margins and drivers not being involved in this process.

This is where decentralization takes place and drivers can make decisions about rising real-time consensus. Decentralization aims to shift the focus from central authorities to driver partners.

Each market is unique and dynamic, with some artificial restrictions that can be removed. Today, all marketplaces are pushing participating players into near-full-time scenarios. This makes the supply smooth.

In the decentralized ride-sharing model, people working on the platform must have the freedom to move anywhere, anytime, and make the market truly dynamic.

Dispersion

The final step in this solution is distribution, which means that all marketplaces are fairly exceptional region-based. For example, London and Paris offer a very different and unique atmosphere to the market, and a company doing well in London cannot work in Paris.

Therefore, in a distributed ride-sharing business model, two separate identities need to be separated.

In other words, separate legal identities are required.

Establishing these adjustments and incorporating market aspects into the model can change the way the ride-sharing business works and create a movement to change the distribution of wealth among those working on the ride-sharing platform.

Solution-based approach

One is to create a fully decentralized blockchain-based ride sharing app. The problem with this is that running a ride sharing business with existing blockchain technology is very expensive in terms of energy and computation.

So wait for the platform to mature or use it partially for consensus-based decision making

The second approach returns to traditional taxi company models that have worked as a cooperative, trying to be more technology-friendly to be more comprehensive and dynamic.

The third approach proposed for the third is the Wikipedia template. This means that you have a globally non-profit organization that owns all IP and technology, is licensed for free or at a very low cost, and sells it to local entities. This means that anyone can use the technology for free anywhere.

You can create a local corporate branch in a city. These chapters make decisions voluntarily, but always rely on the parent company for technology and simple rules.

Risk

This model is not without a fair distribution of risk. First-person does not like an idea or buy an idea and die, but that applies to the risks of any platform.

The only way to find it is to do it. Second-contestants start spending a lot of money on this platform without going to critical mass. This is what traditional players do. In this case, if the person or interested party wants to accept myopia or myopia.

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