Last Update
Jan 7, 2019
DRIFE is a decentralized ride-hailing platform powered by blockchain with the intent of empowering value creators within our ecosystem – these include the drivers, commuters, and community developers. DRIFE plans to disrupt the existing business model and remove the corporate intermediaries involved in the transactions. Our ride-hailing platform has created a new paradigm for the ride-hailing industry. We are the first platform in this niche to express the full features of the decentralized ride-hailing economy. With the power of the Blockchain technology, the DRIFE platform strives to bring a new paradigm to the ride-hailing platform and solve the horde of issues that have emerged from the current model of centralized business. The growth of the platform not only contributes to the objective of DRIFE but also enhance the overall value provided to all the stakeholders concerned like driver’s income, commuters fare, cybersecurity and transparent governance.
In less than a decade, over 1600+ cryptocurrency platforms built on the premise of the blockchain technology now exist. New startup enterprises, great innovative technologies, and improved scalability features from the original blockchain have elicited awe. However, more than 90% of these projects lack practical application or utility. Most of them are created as sub-chains or sidechains leveraging the power of more efficient systems. Despite the opportunities being accorded by the blockchain enterprise, adoption for most of these platforms is still out of reach because:
“Not many real-world use cases have been fully disrupted”
The Drife decentralised application (DAPP) is built over the EOSIO blockchain infrastructure which tries to
solve some common blockchain development challenges like low speed and transaction throughput,
scalability, and high mining/gas cost, thereby making it technologically and economically more viable to
create and support enterprise-level decentralized applications. EOSIO is an open-source blockchain
software protocol that provides accounts, authentication, databases, asynchronous communication and
the scheduling of applications across multiple CPU cores and/or clusters. EOSIO’s operating system-like
construct enable vertical and horizontal scaling of DAPPs.
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Verified 50%
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