RideNode Ico Review : The Original American Ride and Transportation Blockchain and Virtual Currency

About RideNode

RideNode the most ambitious application of blockchain technology to the transportation, security, and avaiation sectors, starting first with ride-hailing services. In essence, RideNodes are a virtual currency and smart contract apparatus that aims to realign the interests of Drivers, Riders, & Service Coordinators (collectively referred to as our network participants) who already utilize ride-hailing services (such as Uber, Lyft, Via, and even traditional taxi & limousine companies), by providing a superior platform not limited to logistics, payments, credential verification, incident responses, and a special emphasis on safety and security for BOTH the riders and drivers.

Token Basic Information

Token NameRideNodeToken SymbolRIDESocial Media

Soft cap

25,000 ETH

Hard cap

2,500,000 ETH

Tokens for sale

10,000,000,000 RIDE

CountryUnited States of AmericaWhitepaperClick Here For View WhitepaperWebsiteClick Here For Visit ICO Homepage

Problem

Ultimately this trend of drivers making less and less while passengers are paying more and more not only prevents a sustainable workforce in this economy, but also causes consequential damages to it. As it stands today, neither the drivers nor riders will ever triumph. The only winners are present day Central Coordinators (such as Uber, Lyft, etc.) who outdated business strategies result in perpetual fundraising from their investors and claiming constant negative revenues every year. To make matters even more daunting, these same central coordinators are determined on carrying out their implementation plans of automation to this industry.

Solution

RideNode will be introduced in the BayRide Mobile application as a digital currency payment option. BayRide will facilitate the transactions between driver and passenger without taking any percentage as a fee for drivers for using the platform. This platform utilizes Bayride’s proprietary technology, S.M.A.R.T.FARE™, which allows drivers to bid on real-time prices that passengers upload to the platform. The real-time prices that passengers upload can be from any accredited transportation company, large or small, that was solicited to that passenger.

Bring together Marketplaces & Finance

The ultimate goal of RIDE is to be the common currency for transportation industry. RideNode clients — both public and private transportation industries — will access all the services they need from a single platform. Blockchain technology gives us the chance to make JUST transactions and eliminate the additional charges and exploitation by the middle man.

Rise in Rideshare

A Mckinsey & Company research revealed “that 83 percent of US rideshare consumers

report convenience, not price, to be the primary reason for choosing a provider such as

Lyft or Uber over traditional taxi options.” Furthermore, research “found that ridesharing’s appeal lies in large measure in the consumer’s positive sense of experience.” Thus, “Passengers enjoy ride shares for social outings. More than half of riders love the conversations they have with drivers.

Ride-hailing Automobile Operators Union

For the first time in the ride-hailing industry, BayRide Inc. will form a union to support the

ride-hailing drivers. This is a crucial step in maintaining driver safety, financial and

employment security, and overall mental health. This platform will be vital in attracting a

wide driver base, especially from Uber and Lyft who continue to daringly engage in poor

driver employment practices.

Data is the New Dollar

RideNode provides a means of payment for these rides which records and stores the data

for each transaction, allowing companies (and even Riders) to gain valuable insights, as

well as providing Law Enforcement a means of investigating incidents tied to a Driver

and/or Rider. With more than half of all US Residents using at least one ridesharing service, and a market value aimed at $220B by 2025, the value of ridesharing industry data is greater now than ever before and calls for a solution like RideNode.

A “Safety Over Profits” Corporate Policy

BayRide Inc. is an innovative and groundbreaking technology services company that seeks

to eliminate antiquated market competitors especially in the ride-hailing industry by first

making sure the drivers are paid exactly what they are owed and that passengers are safe and secure from any kind of dangers during their rides. Hence, BayRide Inc. has deployed

a 0% Commission structure for drivers. This is advantageous to BOTH drivers and

passengers as drivers will get paid more and passengers will pay less on every single ride.

Team

Member

Rich Rao, Chairman and CEO

Sudheer Kartan, CTO

Vinay Hazare, CFO

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Quote This article is writing on 22 October 2019 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: support@coinworldstory.com Or Whatsapp Us- +13098896258

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Informasi Lebih Lanjut

Situs web: https://ridenode.io/

Whitepaper: https://www.ridenode.io/wp-content/uploads/2019/11/RideToken-WhitePaper-Version3.0.pdf

Facebook: https://www.facebook.com/ridenode.tokens

Twitter: https://twitter.com/RideNode

Telegram: https://t.me/RideNodeGroup

Linkedin: https://www.linkedin.com/company/bayrideinc

Medium: https://medium.com/@ridenodetokens

Reddit: https://www.reddit.com/user/RideNode

Ann Thread: https://bitcointalk.org/index.php?topic=5193530.0

by ; wanda11

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