sumurbor: BitDrive ICO platform overview

As Blockchain continues to expand and take risks to unknown areas, its use extends to areas that were previously considered unthinkable. In the past few months, there has been an increase in the use of block-based services in the ridesharing industry. Over the years, the landscape of the commuting industry has undergone various changes, from booking a trip on a call to book a trip with one click, this industry has seen a lot of changes in accordance with the requirements of an ever-growing list of passengers. This gradual change was expected, as Blockchain technology is the only way that the ridesharing industry can be upgraded to compensate for the growing demand for these services.

Today, independent and organized guest rental services exist in almost every city and major city around the world, and they prove to be very important for our modern life. Because of the importance of switching in our daily lives, it is not surprising that taxi and other light vehicles are in high demand these days, and the industry has become extremely competitive in recent years. It is currently estimated that the global market ridesharing ranges from 50 to 100 million dollars each year. Recently, a survey of Goldman sachs on the industry involved in driving, sheds new light on how this industry will begin to boom in a few years. If growth rates are set at a constant pace, by 2030, industries such as Uber and Lyft will be raising up to $ 285 billion.

According to the Wall Street Journal, Uber is currently the highest paid private travel company and currently has a stock valuation of $ 68 billion. In comparison with Uber, Lyft estimates only 7.5 billion dollars. Both estimates of these companies seem unprofitable, as they spend most of their resources on subsidizing travel rates and attracting new drivers. It is interesting to note that saving drivers and expanding the driver network are parameters that are taken into account for the growth of the company and, unfortunately, still remain the main task for these companies, as they are constantly involved in negotiations with drivers. Drivers are often outraged by the centralized nature of operations, and they often feel they are treated as independent contractors. With errors that usually arise in the payment process,

Traditionally, the branches that share trips have revolved around centralized organizational structures. In many countries, it remains the norm that every driver who wants to register with an association must undergo rigorous payment procedures. This is mainly due to the centralized management of most companies. This, of course, delays the registration process, and also leaves room for improper management. However, since the creation of Blockchain technologies, companies have been using various methods to reduce the centralization factor and provide a simplified business process. The concept of tokenization and use of applications based on Blockchain can help skating-oriented services more effectively control their personal data and give a decentralized theme to their methodology of work. In many ways Blockchain is referred to as a technology developed for the "ordinary person". This is a convenient description, since ordinary people will have more control over their resources. The introduction of Blockchain technology will stimulate the growth of a transparent industry, and opaque trade unions or associations will no longer intervene between drivers and passengers. Instead, any person who has a Blockchain token will be able to retain complete control over all the benefits associated with such tokens, whether in exchange for other tokens or fiates or only for paying for travel fare. The introduction of Blockchain technology will stimulate the growth of a transparent industry, and opaque trade unions or associations will no longer intervene between drivers and passengers. Instead, any person who has a Blockchain token will be able to retain complete control over all the benefits associated with such tokens, whether in exchange for other tokens or fiates or only for paying for travel fare. The introduction of Blockchain technology will stimulate the growth of a transparent industry, and opaque trade unions or associations will no longer intervene between drivers and passengers. Instead, any person who has a Blockchain token will be able to retain complete control over all the benefits associated with such tokens, whether in exchange for other tokens or fiates or only for paying for travel fare.

Bitdrive is the first of its kind specialized service Ridesharing based on Blockchainbased

Transportation is one segment that has never remained stagnant, and one of the great innovations that has recently changed, how it's done, is the phenomenon that is Ridesharing. Ridesharing was created and popularized by Uber, who still remains the king of this bold new industry. They were able to redefine how we look at transportation. But over the years, when the market has become extremely saturated and is in danger from Uber. Ridesharing is a phenomenal concept that is too good, too important, and too built into the modern psyche to allow it to descend.

Bitdrive is based on the revolutionary technology Blockchain, which is perhaps the most innovative and universal technology that has ever been known to mankind. It slowly diverges in different verticals and provides custom solutions for a whole list of complex problems. From finance to the supply chain and intelligent energy networks, blockchain technology rebuilds the way we do it, and Bitdrive developed by us is set up to rebrand and redefine the industry and save it from the impending collapse.

BitDrive and transparency of Blockchain technology.

One of the most intractable problems of the current trading platforms has always been the opacity and absolute arbitrariness of how they manage their business. Drivers working with both Uber and Lyft are forced to take everything that both platforms prefer to give them during their work, trying to earn a decent life. Both platforms advertise a staggering 25% as their share of the revenue from the driver's hard work. This is the WHOLE QUARTER of every penny that they earned! Being an intermediary, not the actual provider of this service, Bitdrive believes that these figures are outrageous and only ultimately carry the most important people in the equation, the driver and the passenger. What's more alarming in all this is that the 25% fee, as advertised, is just the tip of the iceberg for drivers, as careful research has shown that adding reservation fees and other hidden charges, Uber and Leif really pick up whole 42,75% of what the driver receives. If you subtract the actual cost of what a driver spends on gas and other costs to run his car, the driver gets less than 20% of the total income from his hard work.

The choice of Bitdrive, which uses blockchain technology to deliver ridesharing to a truly global audience, is deliberate. We want to break out of the unenviable past of the entertainment industry, which is tyrannical, indifferent and does not consider the hard work of drivers or the comfort of passengers who spend their money on their use. Bitdrive is a completely transparent platform, since all transactions will be visible using the block chain. There will be no hidden fees or opaque practices. The promise of the Bitdrive platform is to put the driver, and the rider at the center of all things will be demonstrated by a level of transparency that sees that the platform charges a flat 13% of revenue, rather than 42.75%, like real ones. We at Bitdrive appreciate the hard work that drivers bring to making ridesharing, and we believe that they deserve the best solution. With zero intermediaries or unfriendly payment modes, a really accessible experience for riders and highly profitable for drivers will now finally become a reality.

Our vision:

Common problems that still flood the rarity industry

Illegal concealment

Bad safety performance of passengers

Bad security

Low salary

How does Bitchain based Bitdrive offer the perfect solution for today's Ridesharing industry?

The universality and application of Blockchain technology is endless, and its importance in structuring business models can not be overemphasized. We have developed this unique vision to address the challenges faced by travel industries following these schemes, mentioned below.

Well-structured business model

Flawless analysis of competitors

Decentra Ii zed system

Clear market analysis

Incentives to complete the phase

Proposal for increasing the cost

Effective basic team

Approximate investments necessary to create a prototype

Why do we need ERC20 markers?

Since our platform operates using the currency Ethereum, the ERC20 tokens will be used. ERC stands for Ethereum's request for comments Ethereum issued technical specifications for Ethereum tokens in 2015. These tokens will only function on Ethereum Blockchain.

The tokens that adhere to these conformations are known as ERC20 markers. These are, in fact, intellectual contracts that operate within the framework established by the Ethereum team. The framework is broad enough to allow developers who can change the design and functionality of these tokens. Most of the chips that are offered through ICO in Ethereum meet the requirements of ERC20. The ERC20 standard, which has only six functions and two events, was created primarily for working in these applications, exchanges and interfaces. These functions describe how to shed light on how these tokens can be transferred, and how these data associated with the token can be accessed.