Sunday, July 1, 2018

Bitdrive - A first of its kind Specialized Blockchainbased Ridesharing Service

Driver based applications are becoming popular all across the World. But the rising popularity has also hampered the need for drivers, as automation concepts are being explored. On the other hand, most of these organizations hire unprofessional drivers who often drive unlicensed and faulty vehicles. Most of the organizations are operating by taking advantage of the legal loopholes which allows them to avoid expensive procedures necessary for providing high-quality ridesharing services. Not to mention that passengers face hurdles in the centralized booking system and are charged sky-high rates for even short distances.
In most of these situations, the passengers are losing a lot of money and are not at all satisfied with the service. This includes drivers cheating on users by taking longer routes because of the pricing policy. Also, there is absolutely no transparency in the organization’s policies which have forced passengers to try alternate modes of transportation which is a growing concern for the organizations trying to maximize their profits.

Challenges faced in the current market

Over the course of time, the idea behind ride sharing has definitely changed, with a diverse list of companies jumping in queue to offer their own version of specialized ridesharing services. This is essentially a positive development, as it is bound to create more employment opportunities, will save a lot of time for the user and will also be more accessible. But surprisingly most of the ride-sharing companies are coming under scrutiny and are at the receiving end from both the drivers and the passengers due to negligence and over exploitation of the company’s task-force. As mentioned earlier, one of the main reasons behind this is due to the reliance of centralized systems and centralized operations. This has stagnated the wealth and the resources in the centre. The policy makers of the industry clearly don’t understand the contingencies behind this and are ignorant of the complications involved as their general perception is that the taskforce is expendable and there is always someone ready to take up that job. Most of the drivers join these organizations based on their initial lucrative offers, but later learn about the transient nature of these offers.
Recently, one of the reputed ridesharing companies revised their fares since they were facing severe competition their rivals. This was followed by other firms as well in order to adapt to the circumstances. The drivers often face the excessive brunt of the fare revision as their fares were being revised and despite repeated protests the companies never budged. This is because the companies are completely aware that they can always replace a disgruntled driver. However, there are even more complications faced by the ridesharing companies.

Getting Started with Bitdrive!

Bitdrive - A first of its kind Specialized Blockchainbased Ridesharing service

The Goal

Bitdrive Autosurance as a service to our esteemed riders and drivers has one key goal in its sight; To provide you with the protection, and the timely rescue whenever you need it as you use our platform. Bitdrive Autosurance like the larger Bitdrive platform is a completely decentralized Vehicle collision/Injury insurance platform that prqtects you and makes funds available for you to use whenever an accident happens.
At Bitdrive, we know that every mode of transportation has its risks, and this is why we created Bitdrive Autosurance to have your back whenever these risks manifest themselves. In your moment of distress, we want to be the comforting shoulder upon which you find succor.
No delays, No Cover-ups, No High Premiums, and No Impossible Conditions. We will redefine the very idea of insurance in our very small way. At Bitdrive, our drivers and riders are like family to us, and we will be there for our family whenever they need us.

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