[ANN] BitCab - Ridesharing 2.0 for the blockchain age

[BitCab]

Uber can’t be ethical – its business model won’t allow it doesn't take measures to better care for both its drivers and customers. BitCab will be fully decentralized ecosystem whose participants (drivers, riders and others) will influence its development.
http://theconversation.com/uber-cant-be-ethical-its-business-model-wont-allow-it-85015

[BitCab]

Unlike Uber, where dishonesty is flourishing, BitCab as a decentralized structure will honestly reward all participants for any activity.
https://www.bloomberg.com/view/articles/2017-11-22/uber-s-big-problem-is-a-culture-of-dishonesty

[BitCab]

Even CEO of Uber is arguing with the drivers about falling fares. https://www.nytimes.com/2017/03/01/technology/uber-chief-apologizes-after-video-shows-him-arguing-with-driver.html

[asweetgirl321]

I’ve read your project and read the comments of the people who care about the project. It’s very interesting.
 

[BitCab]

Uber concealed a hack that affected 57 million customers and drivers.
In BitCab the application will store Data in a decentralized blockchain, where such hacks are impossible.
http://www.bbc.com/news/technology-42075306

[BitCab]

Uber is breaking the law! The company is ordered to pay out $161.9m
https://www.theguardian.com/technology/2016/apr/13/uber-lawsuits-619-million-ride-hailing-app

[BitCab]

Welcome our new Advisor!👏👏👏
Leonid Morozovskii is the CFO and Co-Founder of REGA Risk Sharing platform. Chicago Booth MBA Alumni and PhD in Economics, banker and blockchainer, he brings his 15+ years expertise in financial markets to BitCab🎉

[BitCab]

Four key advantages set BitCab apart:

1. Team: to bring BitCab vision to life, we have assembled a unique international team with a wealth of experience in ridesharing, tech startups, blockchain, software engineering, venture capital, finance and general business. Our team includes alumni of Uber, McKinsey, Yandex, Avito and multiple other fast growth tech startups, VC funds and consulting firms - such as Arkady, former country general manager at Uber; Vasyl, blockchain and AI R&D engineer, former CTO at blockchain startup IRAEngine and computer science PhD candidate; Andrey, former McKinsey consultant and tech executive.
 
2. Syscoin partnership: our partner Syscoin provides a uniquely fast, scalable platform, which unlike ETH can accommodate the needs of ridesharing. Jag and Brad, Syscoin co-founders, are our Advisors, and will help promote us in Syscoin community to make Syscoin community (~69k Twitter followers) the early adopters of BitCab ecosystem. Syscoin block awards can also provide an additional source of funding.

3. Ambitious, comprehensive vision: we envision a fully decentralized, uncensorable network which will use blockchain to solve the key problems plaguing ridesharing today: lack of driver and rider loyalty (in-built blockchain loyalty incentives and gamification), expensive growth (self-funding growth mechanism of champions being rewarded for the activity of their referrals on the network with block awards), exploitation of drivers (cutting out the exploitative corporate middleman and enabling drivers and riders set their own terms enshrined in immutable smart contracts letting the market set rates), regulatory intrusion (network fully decentralized, uncensorable and not operated by any legal or physical person - securing free market for mobility for all). We see our role as BitCab Foundation in developing the ecosystem, not owning it: once the network is built and is functioning on its own, we want the community to fully govern and own it.

4. Pragmatic execution: we know what it takes to build startups and fully appreciate that this vision will take years to be fully realized. Therefore we are already working on our MVP in a lean startup, agile iterative approach. We will build it from the ground up, test every feature on the app and move it to blockchain one by one after it has been properly tested in the real world, moving to fully functional network with fully decentralized on-chain governance one step at a time.

[Maya56674]

 I want to ask about the purpose of this project? I’m waiting for more details about project

[BitCab]

Over 200,000 customers had deleted their Uber accounts in protest of Uber CEO Travis Kalanick’s perceived support for President Trump. http://fortune.com/2017/02/03/uber-lyft-delete-donald-trump-executive-order/

[BitCab]

Drivers about Uber: “Uber has made a lot of small changes to gain driver trust, but the most important thing for us is higher rates. They haven’t done a whole lot to move those needles.” Are Uber drivers happy?https://www.usatoday.com/story/tech/2017/12/12/uber-wraps-six-months-trying-make-drivers-happy-they/940709001/

[thelema93]

I'm thinking to buy into this ICO. Looks promising.

[BitCab]

Fatigue a major risk in ridesharing industry!
Due to the absence of an intermediary in the form of a large corporation, BitCab Drivers will earn more in the ecosystem and feel better.
https://www.reuters.com/article/us-health-ridesharing-drowsy-driving/fatigue-a-major-risk-in-ridesharing-industry-idUSKBN1HW2QE

[BitCab]

Divers ans Riders are switching between traditional ride sharing apps. That’s time-consuming and costly. BitCab creates special loyalty incentives for all the participants.   
https://www.wired.com/story/this-app-lets-drivers-juggle-competing-uber-and-lyft-rides/

[summer.sophia]

Interessting project. Maybe i will invest some coins here and get more profit in the future 

[BitCab]

The latest bit of corruption dogging Uber came when company admitted that it hid the fact that hackers breached and gained access to 57 million user accounts. To make matters worse, Uber also now says it paid hackers $100,000 to delete the data and keep the breach quiet, and did not report the incident.
https://www.cnbc.com/2017/11/22/ubers-hacking-scandal-worse-than-equifax-commentary.html

[BitCab]

Interessting project. Maybe i will invest some coins here and get more profit in the future 

Please join our whitelist https://bitcab.io/#whitelist to stay informed

[BitCab]

Syscoin 3.0 has successfully launched today. We took a snapshot of balances, offers, and aliases on the Syscoin 2.x blockchain at block 683412. We then migrated this snapshot to the 3.0 blockchain and started the new chain. All services are available for use immediately via console command. https://medium.com/@BlockchainFoundry/syscoin-3-0-is-live-bbbe88e76ef3

[corlinddd]

Good project, it could be a good investment!

[BitCab]

Uber has a 99% chance of going bankrupt within ten years

Veteran investor, Magellan Financial Group chief executive Hamish Douglass: «Uber is high-cost, owner-driver model as almost “valueless”»
http://www.news.com.au/finance/business/travel/uber-ponzi-scheme-will-collapse/news-story/505149de242b80a521770d45a0e57bd8