How RideNode Is Transforming The Ride Hailing Industry

[Alick Bannerman]

Since the introduction of ride-sharing, passenger experience has improved greatly. The ride-sharing industry is expected to bloom before 2023. Ridesharing services such as carpooling and ride-hailing have gained significant traction from this concept.

If you take a look at the ride-hailing industry, several players are contributing their quota to the development of the industry. From Uber to Lyft, the list is almost endless. But a ride-hailing service that is like a game-changer in the industry is the RideNode platform. 

RideNode™ (RIDE) is the First American Ride and Transportation Blockchain and Virtual Currency. RideNode is a decentralized ride-hailing platform with the mission is to bring together marketplaces and finance. They accept Visa and MasterCard, Bitcoin, and PayPal as a form of payment.

Problems That RideNode Is Solving

●    Unsustainable Business Model: Truth be told; ride sharing companies like Uber and Lyft are running an unsustainable business model, as the duo always report financial losses. In view of this, the RideNode platform seeks to reduce the losses suffered by ride sharing platforms.

●    Strikes And Protest by Uber and Lyft drivers: Since the establishment of Uber and Lyft, their drivers are always in the news for either going on strike or protesting. With RideNode, protest by drivers would be a thing of the past. 

●    Continued Disregard Of Riders By Uber And Lyft: Whenever riders using the aforementioned services have a complaint, the management of the services treat their complaints with total disregard. All of these are resolved with RideNode. 

●    High commission charged by Uber and Lyft: The current 40% Commission drivers using Uber are paying is extortion. With RideNode, you won't pay as high as this. In fact, Ride Note's Commission is among the least in the industry.

●    Passenger Fares are Skyrocketing: Another problem confronting the ride-sharing industry is the skyrocketing passenger fares. RideNode ensures that passenger fares are reasonable and stable. 

RideNode is currently running an IEO on p2pb2b. Session 2 has already started; you can take advantage of the IEO via https://p2pb2b.io/token-sale/RIDE/2.

Visit https://www.ridenode.io/ to get further information.