RideNodes™ A Blockchain Based Ride-hailing Organization That Takes Customers Satisfaction As Their Altimate Priority.

INTRODUCTION TO RIDENODE™ HAILING ORGANIZATION.

Since the introduction of Blockchain Technology, many people have come up with different thoughts just to make live simple and quicker for the general public. However, the ride-hailing industry are still out of this innovation and RideNodes™ is here to make everything easier by backing the ride-hailing organization with Blockchain Technology. Additionally, it has come to notice that most Riders or passengers are not longer secured as many people now take advantage of them by various assaults, sexual assault, robberies, and other negligent and depraved crimes involving both Drivers and Passengers just to mention few. This calls for absolute safety. All the above recorded difficulties will be handled by RideNodes™ hailing organization. This platform plan to make sure all riders are secured, save and reliable. This platform has user friendly highlights and very easy to use. Please read further to get more details about this amazing project RideNodes™.

RideNodes™ are a virtual currency & smart contract apparatus which aims to realign the interests of Drivers, Riders, & Service Coordinators (collectively referred to as network participants) some who already utilize rides hailing services (such as Uber, Lyft, Via and even traditional taxi & limousine companies). By leveraging the blockchain, RideNodes™ provide a superior platform not limited to logistics, payments, credential verification, and
incident responses, and a special emphasis on the safety and the security of both the riders and drivers which many of the Ride hailing organizations has fail in most of this aspect however, RideNode is here to put all measures to ensure adequate consumer satisfaction.

CHALLENGES THAT RIDENODE™ AIM TO PUT AN END IN THE RIDE-HAIGING INDUSTRY.

As of September 2019, several prominent sources have explicitly stated that all businesses in the digital age, regardless of specialization, must take the emergence of decentralized
digital assets that the Digital Revolution has rolled on steadily since the rise of giants,
such as Microsoft, Apple, Google, Facebook, Amazon, and more players have joined the
game. Uber, DiDi Chuxing, Lyft, and others have amassed massive market shares in the
transportation industry and established themselves as some of the today’s tech giants. As with new technologies, new problems have arisen which require effective & sustainable
solutions. The old adage of “don't get into a stranger's car” has been all-but discarded as
people from all walks of life, children to executives, quickly hop in and out of strangers'
vehicles, with no real safeguards in place to ensure both the passengers and the drivers
are in safe hands and secure from deliberate and/or random acts of depravity committed
by one another. Numerous accounts show that there continues to be instances of thefts,
assaults, sexual assault, robberies, and other negligent and depraved crimes involving
both Drivers and Passengers (aka “Riders”). Simply put, once a passenger gets into an-
other vehicle for a ride to his/her destination, he/she is practically on her own as far as
safety is concern.

In addition, there are countless instances of Drivers and Riders who have tried scamming
or gaming the system for personal benefit. These include unsavory acts like stealing a
purse from a passenger, filing a false charge for vomit that never happened, GPS spoofing
a rider, and even more heinous acts such as giving riders a bottle of water laced with
psychotropic drugs, etc. As of right now, there is absolutely no safeguard measure that
allows for prompt review & reaction by the company, law enforcement, or other relevant
authorities. All this challenges will be tackled by the RideNodes™ Core team to ensure full safety, comfortability, reliability of all their customers.

BAYRIDE INC

BayRide is a native mobile application developed for Android and IOS smart phones. It serves as a ride sharing application that allows the rider not
only to bid on fare prices but also provides the driver with 100% of the fare, which is far greater than anything Uber or Lyft can provide. The way BayRide Inc. can allow such a system is because of its revenue model which has different ways to secure revenues.

With RideNode™ Set to be introduced in the BayRide Mobile application as a digital currency payment option. It will facilitate the transactions between driver and passenger without taking any percentage as a fee for drivers for using the platform. This platform utilizes Bayride’s proprietary technology, S.M.A.R.T.FARE™, And allows drivers to bid on real-time prices that passengers upload to the platform. The real-time prices that passengers upload can be from any accredited transportation company, Which will also solicited to that passenger. Its required a passenger takes a screenshot, the solicitation on their device and upload that solicitation to Bayride’s platform. Bayride drivers then compete with one and other and offer a quote tailored to the passenger’s needs in the allotted time limit placed by passenger. When accepted, a smart contract is created, thus leveraging the blockchain technology.