RedCab - Transportation service into a new level

RedCab is an already existing company with an innovative business model in the transportation service area. Before introducing this innovative solution, they have spent 1 complete year doing researches to understand the market needs, assessing market gaps and understanding the necessities of the passengers and the drivers. During that year, they have identified the problems and weak points in the current industry and they have come up with the solutions that make both riders and the drivers satisfied.

All current transportations services run as centralized businesses. That will make negative effects for both passengers and the taxi drivers. The main disadvantage of being centralized is the high commission that is charged by the companies from the drivers. This will affect both passengers and the drivers in many ways. Due to this reason, the drivers will discourage to come into the field and the passengers will have to pay more fees for the service. That will make them unsatisfied with the service. As the drivers can’t earn more, they may not try to offer a high-quality service to the passengers.

Understanding all these problems the RedCab has come into the field with lots of innovative solutions. This is the first decentralized this kind service. Being decentralized, it will able to solve almost all the problems that the current system is having. They use the BlockChain technology and the smart contracts to achieve all these goals. RedCab reduces the fees and it will offer the lowest price for the customers and the drivers. Here at RedCab, they build the community and the community builds the business.

The main purpose of the tokens sale of the RedCab is to transform our business solution into a decentralized ecosystem from a centralized version that enables the access to the people all over the worlds and reduces the fees in transportation services for users. The RedCab token is based on Ethereum platform and it is an ERC20 standard token comes with the symbol REDC. This REDC token uses to enable the access to the platform of the users. After the token sale event, no more REDC tokens will be created. In ICO stage you can buy 2333 REDC tokens per 1 ETH you spent.

Having a vastly experienced team is a Bless for a project. When considering the team members of RedCab, with highly experienced, professional and talented team members the possibilities are endless. Below image shows the team members of the RedCab.