An overview of peer-to-peer ridesharing using blockchain

MARKET_WATCH 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](news.google.com/rss/articles/CBMiXGh0dHBzOi8vY29pbnRlbGVncmFwaC5jb20vZXhwbGFpbmVkL2FuLW92ZXJ2aWV3LW9mLXBlZXItdG8tcGVlci1yaWRlc2hhcmluZy11c2luZy1ibG9ja2NoYWlu0gFgaHR0cHM6Ly9jb2ludGVsZWdyYXBoLmNvbS9leHBsYWluZWQvYW4tb3ZlcnZpZXctb2YtcGVlci10by1wZWVyLXJpZGVzaGFyaW5nLXVzaW5nLWJsb2NrY2hhaW4vYW1w?oc=5) undefined - Cointelegraph / February 25, 2023

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