iRide is world’s first ride-sharing application built on the Ethereum platform which is here to disrupt the traditional ride-sharing industry using the power of decentralization. The platform is currently holding their ICO to offer the iRide Token at a rate of 1 ETH- 17,500 iRide Tokens (1 iRide=0.05 USD). It aims to revolutionize the ride-sharing industry by enabling peer-to-peer communications so that the drivers have to pay lesser commission and the riders will be charged lesser too for the services. iRide token will serve as the payment system for all the transactions done through the iRide app.
iRide is developed to overcome the shortcomings of the traditional ride-sharing platforms that charge a huge commission from the drivers which eventually results in increased service costs for the customers. Being based on the blockchain technology will allow iRide to considerably cut the transaction costs so that the drivers are able to earn more and the customers are charged a reasonable price for the services. The app will also provide multiple modes of accepting payment for its drivers along with the iRide wallet and iRide token, using which the drivers can exchange their crypto coins to other preferred cryptocurrencies or fiat currencies.
The users will be able to download the free iRide app from the app stores. Much like the other major ride-sharing apps, the iRide app will enable the rider to submit a request for transportation, which will be forwarded to all online drivers. The driver who accepts the request will pick-up and the drop-off the passenger, after which the passenger can pay the fare using iRide token or credit card. Both driver and rider can rate each other’s services.
iRide’s mission is to provide on-time, safe and convenient ride-sharing services to its customers. It is backed by a team of expert professionals with vast insight into the blockchain and consumer service industry. The team believes in the bright future of the app considering that ride-sharing industry has grown significantly over the years and bringing decentralization into it will only lead to its further expansion.
The iRide ride-sharing platform is powered by smart contracts which connect riders and drivers without the middleman, enabling drivers to make more money and riders to pay less. It will bring more transparency and cost-effectiveness into the ride-sharing industry accompanied with unmatched customer service and support to the clients. More information about iRide can be found at iride.io.
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