What is DRIFE?
DRIFE is a totally decentralized
ride-hailing platform controlled by the EOS blockchain with the aim of engaging
worth makers inside our ecosystem system – these incorporate the drivers,
riders, and network engineers. DRIFE plans to upset the current business model
and expel the corporate middle people engaged with the exchanges. What we've
made in the DRIFE ecosystem system is another worldview for the ride-hailing
industry. We are the main platform in this specialty to express the full
highlights of the decentralized ride-hailing economy.
Decentralized Ride Hailing and Developing
Markets Applying blockchain innovation to the ride-hailing administration industry
will serve to improve the throughput of the whole ride-hailing ecosystem
system. While there are different associations with the aims of making a
healthy framework out of the ride-hailing economy, not many of them hit their
foremost targets, but then don't accomplish a healthy ride-hailing decentralized
element.
DRIFE's job in this economy isn't
simply to settle yet in addition blend the various partners so that key players
and esteem makers are taking care of business in continuing the development and
ramifications of the ride-hailing industry. Howbeit, this isn't without the
best possible motivation to do as such eagerly – thus the decentralized
infrastructural model of the DRIFE ecosystem system. With the rise of the decentralized
sharing economy, new factors have been presented. Shrewd contracts, conveyed
accord, unchanging records, and utility tokens are currently natural esteem
determinants. Be that as it may, each of these factors can possibly help the
ride-hailing industry when utilized properly, else, they stay tricky in their jobs
in the developing markets. Drife adventure started by underscoring the need to
assess jumper's motivation to make a progressively customized economy also, be
boosted to maintain the sacredness of the ride-hailing environment. We further
settled other essential segments that make up this healthy substance – the engineers
and the riders. Our item not the slightest bit undermines the need to evade the
obstructions of a bureaucratic world, in any case, our answer in its own
particular manner makes a natural framework for the ride-hailing industry to flourish
well on the web 3.0 economy and past.
Our opposition
It's turned into a banality to
partner decentralized items or ride-hailing platforms with Uber. Some have gone
similarly as considering their platforms the Uber 2.0, or the Uber of a tokenized
resource, utilizing on the fame, victories and the oddity of the Uber showcase
framework which depends on the distributed sharing economy. Up until now, there
are many ride-hailing organizations having either unified or decentralized
foundation, however each one with its one of a kind proposition and participant
rationale into the ridesharing advertise. In any case, most arrangements gave
still leave holes in the market and a great deal to be wanted.
Issues in Current Ride-Hailing Frameworks
Various issues exist inside the
present ride-hailing business framework, and these have made the experience Or
maybe shocking for the two riders and drivers further raising the section
hindrances. With huge players unfit to continue a stable furthermore,
successful economy of the business, it is basic that a arrangement as our own
be acquainted with scaffold the holes inside the ecosystem system.
A few ride-hailing models are
always being presented to apparently grow the open doors accessible in the industry
and make an all the more compensating economy. Be that as it may, these models
without anyone else are lacking to manage the multifaceted issues that have
outsmarted before ages of ride-hailing models. It was seen that Uber was unfit
to keep up its market share over its significant markets, coming about because
of a precarious rivalry by neighborhood players. This just demonstrates the development
and increment in ride-hailing platforms would keep on muddling the officially
settled issues under the steadfast of the present models.
Centralization
Since the start of
industrialization, the issue of centralization which is the fundamental
foundation of private divisions and government frameworks has tormented each
major industry. By and large, it depicts a go between structure that concentrates
the progression of intensity, basic leadership and the economy to itself, it is
hard for any important development or improvement to occur with this sort of
structure in place. It's a given that the current taxi aggregator firms have a concentrated
framework set up, and since this vehicle model has been reflected by
ride-sharing/hailing enterprises, the issue permeates. Centralization in the
ride-hailing industry smothers development as it concentrates control towards
bigger partnerships and substances that host these platforms. This basically
leaves other esteem makers drained of rights and less pay.
DRIFE Ecosystem: Value Makers and Extractors
At the center of our environment
are our esteem makers (Drivers) and extractors (Riders) - we take great
consideration of them:
A. Drivers: DRIFE goes for moving the concentration from the current commission-based
platforms to a decentralized system with another financial model, where 100% of
the toll paid by 'Rider' goes legitimately to the 'Driver'. We at DRIFE are
resolved to make an economy of Zero commission on rides, just yearly Membership
Charge from the driver which will give them access to DRIFE platform to get
associated with the riders.
The platform expense can be paid
in either DRIFE token or Fiat cash furthermore, will gather every year, with
the primary year Membership Fee paid by the drivers going about as a security
store. Drivers will be given proportional DRIFE tokens, which are bolted into
the DRIFE platform as long as the Driver stays in the network. Whenever the
driver needs to exit from the network, they will be allowed to exchange their DRIFE
token for themselves.
The second-year enrollment
expense will give drivers access to DRIFE platform just with no DRF token equal
given. Assets gathered through enrollment charge will be utilized for pay
everyday costs to run the platform.
B. Riders: travelers get unique selective limits (T&C applies)
when DRIFE tokens are utilized to make installments for excursions. Further, as
motivating forces and rewards when they act suitably amid rides. All the more
in this way, criticisms on the driver, trips, by and large DRIFE platform use,
and system building are boosted through the DRIFE token. Other key members in
our ecosystem system:
C. Developers*: a network of open-source engineers are boosted through
bug bounties and for other conceivably imaginative in-application advancements
that will client experience through UI collaboration for the two riders and
drivers.
D. Investors*: it's our longing that our item will have an circuitous
effect on adopters 'outside' our client environment. This will incorporate long
haul speculators, merchants on both decentralized and brought together trades
and every future potential the DRIFE token will have because of collaboration with
our item and is adoptability. Motivators here will include intermittent
airdrops, selfdrops, and air gets. All the more along these lines, staking
prizes are focused furthermore, far gainful than what is at present possible on
other decentralized tasks. In synopsis, our monetary model empowers dynamic
cooperation from the network individuals towards the structure and support of
the ecosystem system.
Applying Blockchain innovation in
the neighborhood transportation or taxi industry is just a continuation of a
development that has continued for hundreds of years. Everything is prepared
through dApps utilizing keen contracts to set up trustlessness and every
exchange turns into a some portion of the blockchain – a permanent record. Drife
put resources into blockchain not on the grounds that it has so much promotion.
Drife put stock in the blockchain in light of the fact that the fate of the web
economy (web 3.0) relies upon it. Furthermore, our platform is internetdependent.
A couple of platforms have endeavored the improvement of ride-sharing utilizing
the blockchain and keeping in mind that this is extolled, no single element exists
in the decentralized world with a comprehensive boosted item for esteem makers
of the ride-hailing industry Decentralized Platform Decentralization goes for
moving the concentration from a focal expert to the driver accomplices. With
the intensity of the Blockchain innovation, the DRIFE platform endeavors to
carry another worldview to the ridesharing situation and understand the crowd
of issues that have risen from the present model of brought together business.
The development of the platform adds to the target of DRIFE as well as upgrade
the general esteem gave to every one of the partners concerned like driver's
salary, rider's toll, cybersecurity and Straightforward administration.
Manageable Driver Income
Our point is to wipe out
exorbitant exchange expenses, diminish restriction (diminish impedance from
DRIFE side) and redistribute incentive back to the network, improve
straightforwardness and return administration obligations back to the network. The
DRIFE platform is created with the expectation of illuminating the ebb and flow
worries in the drivers' locale, close by upgrading the nature of rides for the
client. Drivers are offered motivating forces to acquaint new drivers with the
DRIFE platform; which will thus shape a social network of drivers, possessed by
the drivers themselves. The outcome is a disintermediation of installment to
any middle person between the driver and the client. This will move the new
drivers to suggest different drivers until a basic number of drivers as characterized
by the system are available on the DRIFE platform.
Drivers utilizing the DRIFE platform
will probably construct and encourage the development of their own armada of
drivers. This supports all drivers on DRIFE to begin another business for
themselves, as business people by turning into a DRIFE accomplice increasing
individual pay, without yielding any income as commission. For instance if 'An'
is a current driver on the DRIFE organize what's more, assume he alludes 'B' to
the platform. A will be entitled for a specific measure of free DRF tokens on
effective on boarding of B to the DRIFE platform. In addition, once 'B' begins
getting ride and makes an excursion for $100, at that point A will get $1 as 1%
commission. The commission gotten by a current driver can be seen in the
Commission wallet, from which drivers can pull back at predictable interims.
Openness
Blockchain usage makes a
completely auditable and substantial record of exchanges that is permanent and
unforgeable. With an easy to understand interface to get to the equivalent, straightforwardness
in installments and passage estimations can be accomplished. We will store
information on EOS Blockchain, which will incorporate all the data about the
Journey, Each and each worker survey and input will be put away on the circulated
record, Commuters will most likely view all the subtleties of drivers
Symbol of Honor
Dissimilar to the rating and
assessment frameworks utilized by occupant players, DRIFE acquires an
imaginative and comprehensive way to deal with check the administrations given
by drivers and reward them as needs be NO SURGE PRICE. DRIFE environment influences a
'No Surge Price' model to continue rider's faithfulness and make manageable
salary for drivers by paying them extra motivator amid flood time, which will
be followed utilizing a warmth map, which will get actuated when request is
more noteworthy than demand.= Security
Drife are resolved to make very voyage safe,
for that Drife team have taken a shot at different arrangement which are as of
now missing from the ride hailing ecosystem system.
1. Mental Test for every Driver – Following an effective fulfillment
of the KYC procedure, each driver must experience a broad mental test before
being acknowledged as a DRIFE Driver Partner. Full foundation confirmation,
together with a positive mental investigation, will empower an candidate to
turn into a DRIFE Partner. The test is planned to break down such issues as
street rage, the general inclination of a driver and to abstain from utilizing
sexual guilty parties. Not exclusively will our exhaustive testing strategies
be led as a major aspect of the application procedure, however we will additionally
lead occasional testing to guarantee the drivers are staying in a sound mental
state.
2. Shared Emergency Management (SOS)- This will enable clients to deal
with any crises they may experience. This will be actioned in a decentralized
manner by calling upon completely reliable individuals in the midst of
hardship, from their system. At the point when someone else acknowledges such a
demand, they will most likely quickly observe the GPS area of the individual
out of luck, so they can come to the definite area of the crisis guest. The
Rider out of luck, will at that point get a warning including the ETA and the subtleties
of the individual coming to give the crisis help.
3. Contact ID-Every unique finger
impression is remarkable, making it nearly inconceivable for even a little area
of two discrete fingerprints to be sufficiently comparable to enroll as a
counterpart for Contact ID. Indeed, the likelihood of this event is 1 in 50,000
with a solitary, enlisted finger. It is compulsory for each driver to examine
their fingerprints on their gadget which at that point turns into their Touch
ID, which will be utilized to begin each ride. Hence, each excursion will just
start after the driver has filtered the gadget utilizing unique mark innovation
to guarantee that the DRIFE-enlisted driver is coordinated to the driver
offering the ride.
4. Ride Notification-For Family
and companions, this element will enable riders to impart the ride status to
their system. At the point when a traveler sends a 'ride status alert', the
driver will likewise be advised that the ride is being followed.
5. Impetuses for Community
individuals for helping others amid a crisis - Depending on criticism from the individual
out of luck, each network part who helps amid a crisis, will get compensate
impetuses for the administrations they have given.
6. Security Observational Safety
Mode (SOSM) :Every taxi enlisted with DRIFE will have a camera introduced which
can be enacted by workers as it were. This is valuable when a suburbanite needs
an outsider to screen the driver amid a late night ride. They can basically
switch on security mode furthermore, their locale can monitor trip. This
element works just when suburbanites demand for it, with the goal that we at DRIFE
can keep worker's security unblemished.
DRIFE TECHNICAL ARCHITECTURE
Innovation STACK
• Blockchain convention and
condition: EOS.IO
• Smart Contracts: C++
• DRIFE Services API: Node.js
server with Express.js.
• Persistence Database: NOSQL
Database
(Google Firebase Realtime
Database, MongoDB)
• Mobile and Web Application:
React Native and Redux
• Fiat Payment Gateways
• outsider Web Services:
◦ Google Maps API
◦ Google Firebase Authentication
• IPFS
Blockchain Infrastructure
DRIFE is worked over EOSIO. EOSIO
is an open-source blockchain programming convention that gives a platform to
construct, send and run high-performing decentralized applications (DAPPs). For
agreement over messages, the EOSIO design employments Assigned Proof of Stake
(DPoS). DPoS is a two-level administration structure demonstrated in Steem and
Bitshares. DPoS isn't just more vitality effective and condition agreeable than
accord components like Proof of Work (PoW) actualized in Bitcoin and Ethereum,
yet way quicker as well. EOSIO based blockchains execute client created
applications and code utilizing Web Assembly (WASM).
WASM is a rising web standard
with broad help of Google, Microsoft, Apple, and industry driving
organizations. The EOSIO C++ toolchain is being utilized for structure
contracts for DRIFE that will aggregate to WASM.
Shrewd Contracts
A genuine contract, just
expressed, is an understanding overseeing results for activities, given a lot
of sources of info. An agreement can extend from formal legitimate contracts
(e.g., a money related exchange) to something as straightforward as the
"rules" of a game. Common activities can be things, for example,
subsidize exchanges (on account of a money related contract) or on the other
hand game moves (on account of a game contract). An EOSIO Smart Contract is
programming enlisted on the blockchain and executed on EOSIO hubs, that
actualizes the semantics of an "agreement" whose record of activity
solicitations are being put away on the blockchain. The Smart Contract
characterizes the interface (activities, parameters, information structures)
and the code that executes the interface. The code is ordered into a sanctioned
bytecode position that hubs can recover and execute. The blockchain stores the
exchanges (e.g., legitimate exchanges, game moves) of the agreement. Each Smart
Contract must be joined by a Ricardian Contract that characterizes the lawfully
restricting terms and states of the agreement.
DRIFE Contracts
a) Ride information management
b) charge estimation and last
toll figuring
c) ride portion to drivers
d)
identification score estimation
Prophet contracts – Oracles are believed outsider information
sources or substances that give data or sign cases about the condition of the
outer world for keen contracts living inside the walled greenhouse of a shared
system. We are thinking about utilizing decentralized, trustless and legitimate
prophets to decide and check area, giving 'Verification of Location' to the
DRIFE keen contracts so they do not need to depend on a concentrated and
spoofable GPS. A few startup ventures like XYO and Foam are endeavoring to give
answers for these issues and DRIFE may team up with one for such benefits in
future.
DRIFE Services API
DRIFE RESTful Services API are
assembled utilizing Node.js and Express system. EOSJS, a universally useful
JavaScript library to collaborate with the EOSIO blockchain and sign and push
exchanges onto it, has additionally been fused. These APIs that will be called
by the Mobile and the Web Applications will associate with the different other parts
of the DRIFE platform like the NOSQL Database, Fiat installment door, outsider
Webservices, IPFS, and last however not the least, the EOSIO framework. Coming
up next are its the principle
functionalities:
1. Making EOS represent new
clients (not having EOS account.)
2. Connecting wallets of clients
previously having an EOS account.
3. Putting away clients' Wallet
keys (for record recuperation) encoded with the client's stick)
4. Cooperating with DRIFE Smart
Contracts on the EOSIO blockchain.
5. Cooperating with Google Maps
API and other outsider Web Services.
6. Cooperating with Fiat Payment
Gateway API.
7. Enduring client subtleties and
ride information over the database.
Capacity
• RAM – Storing unserved ride
solicitations and progressing ride information
• NOSQL DB – Storing client
certifications
• IPFS – Storing client KYC
information
• Demux – Storing Badge score
Our Tokenomics
Drife token, DRF is an utility
token that will likewise work as a money inside our platform. It will be
utilized to execute ride installments, get to steadfastness rewards and staking
capacities on our
Platform.
• Blockchain type: EOS
• ICO Token Type: ETH ERC-20
Compliant Token
• Token symbol:DRF
• Total supply: 325 Million DRF
tokens
• Economic model: 1-3% yearly
Inflation (relies upon basic leadership by the network)
• Whitelist: Yes
• KYC: Yes
ICO Model
DRF tokens will be pegged at the
estimation of $0.25 USD half of token supply in ICO available to be purchased:
162,500,000 DRF
Delicate top: 32,500,000 DRF
(20%).
Hard top: 162,500,000 DRF (100%)
After the ICO these utility
tokens are not simply confined for administrations yet in addition sold on
trades.
The Driver and rider extra tokens
are to support devotion from DRIFE clients, this will be dispersed to the early
adopter of DRIFE APP for driving, and this is given to both rider and drivers
for adding new individuals to their system.
Token Allocation
By and large, 325,000,000 tokens
will be discharged. The hard top of the tokens available to be purchased is
half. The staying half of complete produced tokens will be isolated among the
Private deal (10%) Social Motivating force (10%), Development pool (5%), Team
individuals (5%) author (10%) which will be bolted for a long time, bounties
and Airdrop (3%), Referral, Rewards and Bonus-5%, Advisory (2%)
No comments:
Post a Comment