Blockchain can be used in ridesharing too now! Ridesharing and carpooling are becoming increasingly popular in large cities that suffer from traffic jams and congestions. Cab aggregator services have capitalized on this trend by providing cab sharing options to its users. The concept of vehicle sharing can be improved upon further by implementing blockchain in ridesharing services.
Implementing blockchain in ridesharing removes intermediaries and allows for direct transactions between the rider and the driver. It has the potential to get more people to adopt ridesharing, which is…