[REQ_ERR: 401] [KTrafficClient] Something is wrong. Enable debug mode to see the reason. Bitsrent Is Launching a Ride-Sharing Service Application Using BTR. – Bitsrent News
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Bitsrent Is Launching a Ride-Sharing Service Application Using BTR.

  • 5 years ago
  • 7878
  • March 30, 2019 6:47 edited
Bitsrent Is Launching a Ride-Sharing Service Application Using BTR.

While the world is being dense with the new vehicles and transporting medium which
ultimately is clogging up the traffics in the major cities, the ride sharing concept turns out
to be the viable solution to the ever longing chaos of traffic congestion. Ride sharing
concept is same like uber and carpooling which not only reduces the traffic congestion
but also keeps the service price as low as possible using previously available
infrastructures.
According to the research by Statistic around 685 million people are predicted to use
ridesharing services around the world. Being the most sustainable way of traveling it
needs to be addressed with proper technological advancements. The future of
ridesharing ultimately depends upon the mobile apps, navigation services, network
connectivity and the major payment gateway. 
The Bitsrent token after its successful ICO has stepped to develop the Dapp as the
payment option for the ride-shares.  With around 6.66 billion circulating supply, the total
Supply is 9.16 Billion out of which 20% Team Token is locked for 12 months, 5%
Bounty, 5% Loyalty & 5% is for reserved. It is now proving itself to be the ride-sharing
token in the blockchain industry. Integrating distributed ledgers into the ride sharing
application is sure to change the concept of ride sharing leading to future innovation.
Focusing on the peer-to-peer transfer of the fund will eventually increase the number of
people occupying the same ride rather than being on the different rides. The payment
token is not only used for paying particular ride but the payment action will be rewarded
with certain reward tokens.
To sum up, Bitsrent being the lead renting and leasing token, it aims to bring the people
sharing the ride under the same roof of available immutable ledgers promoting
collaboration among the rider-sharers. The payment will not only be secure but also
transparent and meritious to the users.

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