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Decentralized Uber

a startup idea shared by Leon Tan on 07/28/2017

A ride sharing application which allowed drivers and riders set their own fares (think about like having a bidding system where drivers offer their services at the most competitive price instead of forcing to offer at a price set by a central authority), taking a much lower cuts (ideally 0% instead of 25% set by Uber) and allowed drivers to freely choose whether they want to accept the call.

Potential revenue stream:
1) Offering extra intelligence and analysis like prediction of time and place with largest number of riders to drivers which subscribed as premium users.
2) Targeted advertisement.

There are similar projects being done before, like Lazooz and Arcade City which aims to use Blockchain technology to offer similar service, and SideCar, which stop its service at 2016 due to its inability to deliver flawless passenger experience (http://therideshareguy.com/why-did-sidecar-fail/).

However, I still think that this is an important missing piece in ride sharing business that allows the drivers and riders to have a total control of the services provided and enjoyed by them.

Decentralized, Lazooz, Ride Sharing, SideCar, uber

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