Professional Documents
Culture Documents
data would be secured from these agencies as they have all the data of ● Data-Base : FireBase
drivers as well as of riders and this can lead to major privacy issues. If
ride-sharing and car hire are moved to blockchain then we can build a
much more secure and reliable carpooling system.
Idea/Approach Details
Use Cases Dependencies/Show Stoppers
● Cost-effective rides: Decentralized ride-sharing systems ● The route matchmaking can take a bit time due to Map
can provide cost-effective rides to users by eliminating api call.
the middleman and allowing riders to connect directly
with drivers. This can reduce the cost of rides for users ● Low exposure to blockchain software and use of ETH
and increase earnings for drivers. can lead to hesitant approach.
● Greater flexibility: Decentralized ride-sharing systems
can offer greater flexibility to both drivers and riders. ● Despite of privacy and report feature added in
● Reduced traffic congestion: By reducing the number of software which provides no fake rides, In some
cars on the road, decentralized ride-sharing systems can scenario false identity can be an issue.
help to reduce traffic congestion and improve air quality.
● Improved accessibility: Decentralized ride-sharing
systems can provide transportation to underserved areas
where traditional ride-sharing services are not available
or are too expensive.
Idea/Approach Details
● The implementation uses a built-in reputation system. In order to assure the fairness of the ride,
everything regarding the ride will be permanently written into the ledger, ensuring access to all in
the peer-to-peer network. With each account distinctly mapped, it prevents identity theft and
when a complaint is lodged, the authorities can verify it by checking the ledger.
● Use of Smart Contract: Consider a Blockchain-based service that provides smart contract
templates for drivers and passengers. The two parties will choose a basic smart contract
template initially (transportation of people; rewarding the driver in faucet currency or
cryptocurrency; payment in cash) The parties will then agree on the transaction's specifics (For
instance, the precise fee to be paid; the choice to carry more people or not;) Individuals will no
longer require a third party to complete the transaction since the Smart Contract template will
ensure that either both sides of the transaction are fulfilled, or none at all.
References/Bibliography
https://jis-eurasipjournals.springeropen.com/articles/10.1186/s13635-021-00122-5
● Video References:
https://www.youtube.com/watch?v=gyMwXuJrbJQ
https://www.youtube.com/watch?v=QCvL-DWcojc
● Panchalika Pal and Sushmita Ruj, “BlockV: A Blockchain Enabled Peer-Peer Ride Sharing Service,” 2019
International Conference on Blockchain (Blockchain), IEEE