
Ride-hailing has existed since the dawn of the vehicle, when early fuel stations were scarce and travellers would have to pool their resources and share seats to reach their destination together. In modern times, this need has been further fulfilled with GPS-powered applications that match travellers and drivers with spare room in real-time, creating entire economies that had never existed in such a way previously. Modern ride-hailing applications have brought new solutions to this basic human need for travelling, but have also resulted in a market controlled by unsustainable, power-grabbing corporations that disenfranchise the riders and passengers and take an enormous and regularly increasing middlemen fee from both sides of every transaction. The DACSEE platform returns the power and control back to the people and utilizes the newest trends and technology in the decentralisation and cryptocurrency spheres to create a self-regulating and selfexpanding ride-sharing network that requires no central authority and therefore no middlemen fees. This peer-to-peer system brings the sharing economy back into the ride-hailing economy and empowers the individuals to create their own incomes unencumbered, in a multitude of ways, while expanding naturally and virally into markets that have thus far been inaccessible to centrally-run ride-hailing services. At the core of the DACSEE project is an Ethereum-based token that allows for the decentralization of payment, driver deposits and many of the other empowering features of the platform. Utility of the token grows in proportion to the expansion of the platform and the initial sale of the tokens will fund the development and growth initiatives of the project. via /r/ico https://ift.tt/2rMMofj
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