ICO REVIEW- REDCAB

in #transportation6 years ago (edited)

Historically, new technologies have been slow to come to, and be adopted by, the transportation industry. However, several innovative companies are challenging this norm. From software solutions to new vehicle concepts, awesome ideas are making the transportation industry more efficient, safer, and profitable. We’re big fans of these advancements in transportation technology. Especially when it comes to applying big data to solve the largest problems facing the trucking industry. As such, we’re putting together a list to celebrate companies doing cool things to advance the transportation industry each quarter.

The transport system is confronting a number of big challenges over the coming years and decades. Although different means have been put on ground to curtail such problems but few has only succeeded. In the past, there has been a clear pattern of growth in personal travel (vehicle kilometers traveled) but this growth has stalled in recent years. There is some debate whether this trend is the result of economic factors or a structural shift in attitudes towards personal transportation. This makes understanding the future demand for transport a major challenge. as the choices people make about how and when they travel change, there are significant implications for where we choose to invest. For the transport system to be thriving, what we need is to recognize what we should do by trying to improve access, not just mobility which can be achieved with a good transport system with good spatial planning or by improving digital access. How we integrate these approaches is critical. To reduce the uncertainty we face around future demand for mobility or persona travel. We need to better understand the factors affecting the changing patterns of demand. These include social trends as well as the speed in development, uptake and impact of new technologies. There is also the need to build flexibility into the system we can- this will allow us to respond more quickly to changing patterns of demand and reduce the likelihood that we will make investments that will become unnecessary. Finally, we need to recognize that the investment decisions we make will shape patterns of demand and not just respond to them. We should move away from the approach of seeking to simply predict future demands and then provide for it. We should instead debate the sort of access we want and decide how to invest to support the future. Still in highlighting the problems encountered in the transportation industry which includes poor safety measures, not all transportation options are offered like paying normal amount even when it is a rainy day, a day with heavy traffic, at nights, and the few ones that offer it gives high competitive prices. Still there are different companies sprouting up determined to solve the problems transportation are going through but none of them has actually succeeded without a social collateral damage. Trust me when I say Redcab is here to stay. Unlike car hailing big players’ strategy to subsidize taxi companies without a clear understanding of their business needs, RedCab was founded with everyone in mind. This is the reason behind resistance from taxi drivers to the new technology which was a main part of the world’s transformation in the transportation industry.

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RedCab is a decentralizing the transportation solution for individuals by utilizing Blockchain technologies for cost efficient and secure transactions. RedCab is a fast forward company with technological and futuristic business model in the transportation space, managed to keep the tool flexible to amend the best pricing formula without surge price or high cost fare in holidays or bad weather. Our business model is giving the chance for taxi companies and drivers to take advantage of the technology to keep their jobs and to capitalize on a market share that has dropped to less than 10% in the past 10 years. Redcap business idea is to provide a complete decentralized model to give something back to the communities in the way it is affordable, transparent, and useful service that people can use it on daily basis. Redcap understanding the human needs to customize not only stylish trip or transportation from one location to another but a comfortable, safe and affordable solution that caters for everyone’s need. RedCab is created to reinvent the peer-to-peer transportation solutions by solving a real problem through understanding the root causes of riders and drivers actual needs and deliver an innovative solution governed by customer experience, transparency and efficiency.

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REDCAB PLATFORM

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AIMS OF REDCAB

The aim of Redcab is to provide a business a decentralized ecosystem that allows access to global markets with a transparent approach, reducing expenses of transportation for users saving money made through middlemen businesses and to address the growing international demand on transportation services around the worlds through developing a powerful scalable tool preventing community abuse and market domination

UNIQUE BENEFITS OF REDCAB

• Guaranteed increase in the income of drivers with a clear strategy to capitalize
• Transparent with the use of decentralized Blockchain
• Low rates of services in all transportation options not taking advantages of the situation
• Affordable
• The integration of services in mobile app for Easy process of paying for all transportation services, monitoring usage and privilege from a multi-layered usage platform and safe
• Easy linkage of social media accounts and login through their RedCab profile
• The performance matrix and rewards program for drivers is designed to ensure that every single sride gets the highest quality from a customer experience standpoint
• Customer’s satisfaction is been governed to ensure both parties are being safe
• Less waiting time to start trip

TOKEN

RedCab LLC will create its own digital asset known as the REDC token. It u=is a utility token of the RedCab LLC platform that is built on the Ethereum Blockchain and has a Total Supply of 100,000,000 REDC. Here are the Token Details information

Token Symbol: REDC
Platform: Ethereum (ERC20)
Total supply: 100,000,000 REDC
Accepted currency: ETH
Min purchase: 0.1ETH
Pre ICO Price: 1 ETH= 2682
ICO Price: 1 ETH= 2333 REDC
Distributed in ICO: 62%
Soft cap : Achieved
Hard cap: 24, 529ETH

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CONCLUSION

Transportation made easy and safe for everyone giving everyone the opportunity of living their dream lives with comfort and little stress or worry about cost or earning as it has huge advantages to consumers and also to drivers. As earlier stated, RedCap benefits are one compared to none. As there say, seeing is more than believing and actions speak louder than voice. I implore everyone to participate in this lovely project as no one will have anything to lose. To join us or for more information, please click on the link below. Thanks for your time.

Website : https://redcab.io

Whitepaper : https://redcab.io/downloads/Whitepaper_EN_v1.0.pdf

ANN BTT: https://bitcointalk.org/index.php?topic=3834815.0

Telegram: https://t.me/RedCab_ICO

LinkedIn: https://www.linkedin.com/company/redcab

Twitter: https://twitter.com/redcab_llc

Facebook: https://facebook.com/redcabeg

Author: anelka

Btt link: https://bitcointalk.org/index.php?action=profile;u=2273527

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