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TRIP connects drivers and riders
The Rideshare Protocol (TRIP) is a novel organizational structure that allows drivers, riders, and operators to jointly build a competitive marketplace for ridesharing. TRIP as a decentralized protocol strikes a more favorable balance between competition and cooperation than centralized ridesharing systems while increasing safety, quality, and earnings for all network participants. To overcome the network effects of existing platforms, a coordination mechanism allows participants to orchestrate a migration.
"Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the center. Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly."- Vitalik Buterin
TRIP empowers drivers and riders
Driver
Drivers get control, ownership, and voting rights on the networkRider
Riders can get cars cheaper and faster through smart price segmentation.
Referral
TRIP rewards the most active participants with a larger stake in protocol governance.About Us
The Teleport team and advisors, who include other crypto experts, economists and game theorists, have been working rigorously on tactics to break the network effects of global ride sharing leaders. Teleport is led by Paul Bohm, his first startup built dispatch and routing algorithms, was acquired by Delivery Hero and became the foundation for their dispatching. He joined Dropbox as the 11th employee and wrote their peer-to-peer networking protocol. Paul has been working in crypto since 2011.
