Jiang Chun Yi Suan Wan: RIDENODE

RIDENODE

About the project and its features

The project that will be discussed now is a decentralized application called BayRide with its internal token RideNode. It is important to note that this application is a kind of similar principle of operation, as well as the usual classic applications for calling a taxi with one very large distinctive advantage.

Namely, BayRide is completely decentralized, which means it complies with the three most basic principles of the Blockchain structure, representing a transparent, reliable and secure environment for user communication.

And here again you may have a question, but how can a decentralized application solve all the above problems? The answer is easy. First, when registering in this app, both drivers and users will be subject to the KYC verification system (i.e. the know your customer system). Secondly, all transactions on the provision of services, the cost of the route, the destination will be fixed by means of a smart contract. This means that the driver will not be able to deceive you or deliberately lead you somewhere wrong and commit some crime.

And, third, the same applies to the passenger. After all, Each trip will record data about the passenger, who went where. Naturally, this data will be encrypted. However, in emergency cases, they will be able to shed light on the situation that occurred, which means to catch a fraudster, robber, or worse, a criminal or any other villain.

Problems

It turns out that the well-known global giant for passenger transportation Uber does not meet the proper level of reliability and safety for both drivers and passengers. As evidenced by the presented statistics, where black and white shows how all of us are vulnerable, making the next landing in a particular taxi.

Of course, this fact is a threat not only to the life of the company, but also to all its users. After all, in just one day around the world, Uber makes about 15 million trips. Putting at risk just millions of lives around the world.

Against the background of such arguments, I am sure you have a question, but how to change this statistics?! My answer, easy! Especially when there is a ready-made set of solutions to all these problems. The principle of operation of which we are now with you and consider.

Advantages

Moreover, in addition to personal security. Each participant of the trip will get their own advantages. After all, as far as you may know, many drivers of such global giants as Uber & LIFT charge a huge Commission from their drivers. As a result, the driver himself earns too little money. That sometimes brings many drivers to such extremes as suicide. And it's sad.

Paying special attention to this fact, the development team intends to provide all its drivers with 0% Commission. Thus removing from them the very shackles of labor that envelop many companies engaged in passenger transportation. And to be honest, I think it's the right thing to do. After all, in addition to the time that the driver spends on work, he also spends his health, nervous system and all these deprivations result in poor health. Which is desirable to correct regular vacation and rest. And as you know, any vacation requires finances.

Conclusion

At the end of my review, I would like to once again draw attention to the fact that the team of developers of this project seeks to bring to our familiar processes more reliable, high-quality and most importantly safe tools for communicating us with each other. Which I think is just a vital necessity.

But since the depth and width of the project is huge, I did not have time to show you many important and unique processes of the BayRide application with its internal RideNode token.

Therefore, I invite you to go to my next section of the article, where I have prepared for you all the most important and official resources of the project. And that's all I have. I was glad to share with you a new and in my opinion unique project in the world of blockchain technology. Write your opinion about the project in the comments and do not forget to put a like. After all, this is how you motivate me to write even more and more interesting especially for you!

Token