Arcade City
Arcade City is a decentralized ridesharing platform built on blockchain technology. It connects riders directly with drivers without a centralized intermediary.
ridesharing
blockchain
decentralized
transportation
Arcade City: Decentralized Ridesharing
A blockchain-based ridesharing platform connecting riders with drivers directly, eliminating intermediaries
What is Arcade City?
Arcade City is a decentralized ridesharing application built on the Ethereum blockchain. It aims to connect riders and drivers peer-to-peer without the need for a centralized intermediary or ride hailing company.
The platform uses smart contracts to facilitate transactions and payments between riders and drivers. Drivers set their own rates and riders can select drivers based on price, ratings, vehicle type and other preferences. Payments are made in Arcade tokens using Ethereum wallets.
A key benefit of Arcade City over other ridesharing platforms is its lack of centralized control over drivers. Drivers have more freedom over their schedules and rates. The platform takes a smaller commission from rides than Uber or Lyft.
Additionally, the blockchain architecture provides enhanced transparency over transactions and system operations. The Ethereum public ledger maintains records of trips and payments.
Potential downsides are that riders lose the guarantees and insurance offered by centralized platforms. Arcade City has also faced regulatory uncertainty in some jurisdictions regarding ridesharing rules.
Overall, Arcade City brings the peer-to-peer model of sharing economy platforms to ridesharing by leveraging decentralization and blockchain technology.
Arcade City Features
Features
- Decentralized ridesharing platform
- Connects riders directly with drivers
- Uses blockchain technology
- Has mobile app for riders and drivers
Pricing
- Free
Pros
No centralized intermediary means lower fees
More direct connection between riders and drivers
Uses blockchain for transparency and security
Cons
Less oversight than centralized platforms
Still developing so may have bugs
Blockchain technology can be complex for users
Official Links
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