Flit ride
what is flit ride
ride hailing marketplace
peer to peer blockchain based ride hailing market place
mobile app
the problem/opportunity
cab
by riders
disbalance :as the population of a city grows, the cab population often doesn’t.
taxi fare are high
Evaluation of the societal impact
Cabs never seem to be around when you need them,
Taxi cannot take you from home far from the main road
ride hailing like uber
by drivers
low driver wage
expensive driver aquisition
by riders
low driver retention
safety due to inexperienced driver
anybody can be driver
kills taxi driving industry
fight regulatory requirements
competition with local ride hailing
market indicator
size of the taxi industry
growth of blockchain industry
size of ride hailing industry
expansion
local competition ride price
regulatory ban/requirement
local competition driver retention
ban in different country
fine
unfamiliar market/ culture
not present in several countries
payment credit card
not accept local means of payment (bank app, mobile money ...)
by drivers
Stopping taxi around is taking time, debating price is taking time, and standing is tiring
non transparence
non transparency
surge price
ride as commoditiy
drivers bid price
riders choose driver based on price, driver profile and review
escrow service
surge pricing
Ride hailing optimize the usage of car
cars hence reducing traffic jam
expense of fuel
less carbon emission
fair competition, no surge pricing
empowers existing taxi drivers
where the demand is high, will create new jobs (drivers)
financial forecast
600 cities
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