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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