An overview of peer-to-peer ridesharing using blockchain



Peer-to-peer (P2P) ridesharing can be an affordable alternative to traditional taxis or personal cars, especially for people who don’t want to own a car or need to travel longer distances. 


Peer-to-peer ridesharing, sometimes called carpooling or ride-sharing, is a mode of transportation in which people share a vehicle with one or more other passengers traveling in the same direction. Instead of professional drivers, this ridesharing uses private individuals who share rides. A rider and a driver agree to share a ride in a P2P ridesharing system, typically over a smartphone app or website that links them.


 The driver offers a ride, and the rider pays a fee to share the costs of the journey. The charge often includes the cost of fuel, maintenance on the car, and any tolls or parking charges. 


Peer-to-peer ridesharing has grown in popularity over the past few years, especially with the rise of mobile apps like Lyft, Uber and BlaBlaCar. It can alleviate traffic congestion and parking requirements while offering a more cost-effective and environmentally friendly alternative to traditional taxis or private vehicles. ; 


Source : [An overview of peer-to-peer ridesharing using blockchain]( undefined - Cointelegraph / February 25, 2023 logo


240 rue Evariste Galois,

06410 Biot,

Sophia Antipolis

Automata Pay

65-66 Warwick House 4th

Floor, Queen Street, London

England, EC4R 1EB

Automata Pay Europe Ltd

3rd Floor Ormond Building,

31-36 Ormond Quay Upper,

Dublin 7, D07 Ee37

Automata ICO Ltd

Italian Branch

Via Archimede, 161,

00197 Roma


The purchase of digital assets is subject to a high market risk and price volatility. Changes in value can be significant and occur rapidly and without warning. Past performance is not a reliable indicator of future performance. The value of an investment and returns can fluctuate both up and down, and you may not recover the amount you invested. RISK WARNING

Automata ICO Limited has a branch in Italy with its registered office at Via Archimede, 161, Roma, Italy, and registered in Italy under number 96550860587 with the Organismo Agenti e Mediatori (OAM) as a Virtual Asset Service Provider (VASP).

Automata France SAS is a company registered in France with the company number 902 498 617. Automata FRANCE SAS is registered with the french Financial Market Authority, l’Autorité des marchés financiers (“AMF”), as a provider of Virtual Asset Service Provider under number E2023-087.

Automata Pay Europe Limited is a partner of Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorised and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr Finance B.V. Your funds will be held in one or more segregated accounts and safeguarded in line with the Financial Supervision Act. How we keep your money safe.