White paper

A decentralised, blockchain-powered airport cab service that empowers drivers, lowers fares, and delivers real-time, efficient airport rides.

1. Introduction

Traditional ride-hailing platforms like Ola and Uber centralize control, charging high commissions that burden both drivers and customers. This whitepaper proposes a blockchain-based decentralized cab service, focusing on airport pickups, to address this imbalance. Our solution ensures equitable pricing, driver empowerment, and transparent governance using blockchain technology and smart contracts.


2. Problem Statement

  • High Commission Fees: Platforms like Uber and Ola charge up to 30% commission.

  • Expensive Fares: Passengers often pay inflated fares due to high operating costs.

  • Exclusive Airport Zones: Airports charge ride-hailing companies steep fees for dedicated pickup zones, which further increases fare costs.

  • Opaque Pricing Models: Riders and drivers lack insight into fare structures.


3. Solution Overview

We propose a decentralized system where smart contracts automatically match drivers and passengers, calculate fair prices, and execute payments securely via cryptocurrency. Our system minimizes fees, bypasses costly airport zones, and offers more transparency to all users.

Diagram 1: Traditional vs. Decentralized Cab Service

This diagram would illustrate the difference between traditional centralized platforms (Ola/Uber) and a decentralized platform. In the centralized model, a large commission is extracted by the middleman, while in the decentralized model, the connection between driver and rider is direct, governed by smart contracts.


4. Key Features

  1. Decentralized Governance (DAO): A Decentralized Autonomous Organization (DAO) allows stakeholders (drivers, passengers) to vote on key changes in the platform.

    • Driver Empowerment: Drivers keep 100% of the fare minus minimal network fees.

    • Rider Transparency: Riders see exactly how their fare is calculated.

  2. Smart Airport Pickup Optimization:

    • Real-Time Flight Data Integration: Passengers upload boarding passes for automated, just-in-time cab scheduling, avoiding parking fees and reducing costs.

    • No Airport Zone Fees: Bypass dedicated airport zones by using smart scheduling for pickups in general access areas.

  3. Fair Pricing Algorithm:

    • The pricing is dynamically calculated based on real-time demand, traffic conditions, and distance.

Diagram 2: Smart Pickup Flow at Airports

This diagram would show the flow of how passengers upload their boarding passes, the system schedules a pickup, and the driver arrives just in time, avoiding parking fees and delays.


5. Technology Stack

  1. Blockchain Platform: Built on Ethereum or Solana, utilizing smart contracts to manage fare calculations and payments.

  2. Cryptocurrency Payments: Transactions occur via cryptocurrency (or stablecoins), reducing payment processing fees.

  3. Mobile Application: User-friendly mobile app for both riders and drivers.

  4. Flight Data API: Integration with flight data APIs for real-time passenger updates.

Diagram 3: Technology Stack Architecture

This diagram would illustrate the architecture, showing how blockchain, smart contracts, mobile app, and flight data APIs interact to form the service's ecosystem.


6. Token Economy

Our platform will introduce a utility token used for:

  • Payments: Drivers are paid directly in cryptocurrency.

  • Governance: Token holders (drivers, riders) can vote on platform upgrades, new features, and fee structures.

  • Staking: Tokens can be staked to support network governance, and stakers earn rewards.

Diagram 4: Token Flow and Governance Model

This diagram will illustrate how tokens flow through the system, showing drivers earning tokens, riders paying in tokens, and stakeholders voting with staked tokens.


7. Benefits

  • Drivers: Earn more by avoiding high commission fees.

  • Riders: Pay less due to more efficient operations and transparent pricing.

  • Sustainability: The platform operates with minimal overhead due to decentralization.

  • Transparency: Blockchain provides an immutable ledger for all transactions.


8. Business Model

Our platform will operate on a minimal fee model, only charging nominal network fees to cover blockchain transaction costs. The DAO controls fee adjustments.


9. Roadmap

  1. Phase 1: Develop smart contracts, mobile app, and initial blockchain integration.

  2. Phase 2: Launch a pilot program in a select airport to test smart pickup scheduling and DAO governance.

  3. Phase 3: Expand to multiple cities and airports, scaling the service through community-driven decisions.


10. Conclusion

Our decentralised airport cab service offers a fairer, more efficient alternative to traditional ride-hailing platforms, reducing costs for both drivers and riders while leveraging blockchain technology for transparency and sustainability.

Last updated