GRENZE International Journal of Engineering and Technology
Vol. 9
(2023), Issue 1
Decentralized Replacement for Ride-Hailing Services: DECENOLAR
Authors
Abhay Bhardwaj, Arjun Dogra, Arya Kumari, Asmita Gauri, Sumana M
Abstract
The idea is inspired by how giants such as Uber and OLA have monopolized/centralized all common transactions between the drivers and passengers. These "giants" collect as high as 25-30% of the ride charges paid by the rider to the driver as platform fees or usage charges. DECENOLAR aims to solve the above problem with a trustless, completely decentralized, and robust system provided to the user as a Decentralized Application (also popularly known as DAPP). In other words, users of the ride-hailing services will be able to operate/use an application similar in terms of the user journey to Uber/OLA, but with the added trustlessness and robustness of DAPPs.
Pages:
161 - 166