RideNode

FIRST AMERICAN RIDE AND TRANSPORTATION BLOCKCHAIN AND VIRTUAL CURRENCY

ABOUT

RideNode™ tokens are a Virtual Currency and smart contract apparatus that aims to realign the interests of Drivers, Riders, & Service Coordinators who already utilize ride-hailing services.

• Most ambitious application of blockchain
• A superior platform not limited to logistics
• Safety and security for BOTH the riders and drivers

A RideNode™ is a smart contract and digital currency apparatus that leverages proprietary blockchain technology. The inspiration and vision on which RideNode™ was created upon, to become the First American Blockchain and Digital Currency for the Ride and Transportation sector, comes from how Henry Ford’s Model T went from conceptualization to becoming America’s First affordable automobile that not only opened up new markets, but also united families, improved working conditions, brought prosperity, and elevated the society at a whole.

USE CASES

IEO Campaigns

Token Development and IEO Marketing.

Unique Size of Market

Starting at the end of 2019, RIDE can be utilized for many purposes.

Best Token Practices

Legal governance, risk management, and compliance.

Operational platform

Decentralized Platform for Tokens and Smart Contracts.

SOLUTIONS

BayRide Incorporated is the most technologically advanced ride/transportation, security, and delivery organization which has positioned itself to disrupt the present-day ride-hailing market particularly, and to revolutionize it by assimilating the security and courier industries.

RideNodes™ are the digital tokens that can be used for all ride transactions.

1. The BayRide Mobile Application – THE GREAT DISRUPTER

BayRide Inc. is the FIRST ridesharing and ride-hailing mobile application that leverages not only the Blockchain technology, but also has a 0% COMMISION policy for its drivers and a NO-PRICE-SURGE guarantee for its passengers.

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.

2. RideNode™ – Commencing the Decentralization Process in the Ride-hailing Market

Imagine not having to worry about currency exchanges to get a ride from the airport to your hotel. Imagine being able to more easily see which vehicles or routes were most profitable for your transportation company. Imagine being able to examine the authenticated transaction history for your transportation across platforms in one ledger. These are but a few of the benefits brought to the table via RideNode™. RideNode™ is a utility token that is essentially an enforceable smart contract. RideNodes™ will be circulated exclusively for ground transportation to begin with – this includes security ridesharing and courier delivery services to the masses. Bayride, using RideNode™, intends to expand coveted executive protection services market into the general public. Operating as an ERC20-compliant token, on the Ethereum platform, RideNode™ functions as a means of payment and implicit agreement between the passengers and the drivers.

RideNode™ functions as a universal ledger and analysis tool for ground transportation, enabling safe and authenticated payment for the every-day transactions, as well as collecting valuable industry data which doesn’t compromise any personal information in the process. There is inherent value in being able to see which vehicles are, on average, most profitable, or what times of day see the highest frequency of Riders, etc. There are also significant security advantages, such as providing a clear ledger for account activity which would help identify accounts utilizing scams or exploits to game the system. RideNode™ smart contract apparatus is an ideal option for covering (and tracking) professional travel expenditures, as well as gift-giving. RideNode™ will be the new equivalent of a “gas card” for the growing number of people who choose ridesharing over vehicle ownership.

RideNode’s™ function is to provide a platform for payment and market intelligence that benefits both the drivers and riders, and the companies themselves, by ensuring transactions are safe and verifiable, as well collecting data in an ethical manner for the benefit of industry unlike our market competitors. Data from the point of transaction is pulled on to our servers, which is then stored among the public and private blockchains. Access to the private chain is a pay-to-play premium service for companies interested in the market intelligence and free for law enforcement agencies.

3. S.M.A.R.T.CHAIN™

BayRide Inc.’s proprietary patent-pending technology called “S.M.A.R.T.CHAIN™” (SCREENSHOT & MOBILE AUTHENTICATION RECEIPT of TRANSPORT CHAIN) pulls a screenshot of the relevant data, as well as a signature which further verifies the transaction, as seen in the image below. This technology will be a key factor in Bayride, the first use-case of RideNode™.

This data is kept internally and select parts are sent to a public-facing blockchain which displays the data regarding the transaction amount & time, as well as other relevant details about the transportation service itself. This provides a public ledger for payments that anyone can refer to, in instances of financial dispute or accounting, and also serves as a tool for referencing the private blockchain regarding specific transactions. The private data is kept in the private blockchain which can be accessed by the RideNode™ Team and approved parties, ranging from companies purchasing data/market intelligence to law enforcement investigations.

TOKEN

• Token name: RideNode
• Ticker Symbol:RIDE
• Token Type:ERC20
• Tokens on sale:
• 10000000000
• Token Price: 1 RIDE = $0.05 USD
• Accepted currencies: BTC/ETH/USD/UDT
• Soft Cap: $5,000,000
• Hard Cap: $500,000,000
• IEO Period: 11/22/2019 to 02/14/2020 (4 sessions)

TOKEN DISTRIBUTION

• 70% Public sale
• 10% Ambassadors & Bounty Programs
• 20% Founders and Team

Road Map

July 2019

Idea About RideNode (RIDE) IEO

September 2019

Website and IEO Platform Development

October 2019

Whitepaper and platform completion

November 2019

RIDE Tokens on sale (RIDE on P2PB2B Exchange)

Jan 2020

Apps Development and future planning

TEAM

Rich Rao: Founder & CEO

Sudheer Kartan: CTO

Vinay Hazare: CFO

Paul Ziomber: Security Advisor

FOR MORE INFORMATION CLICK LINK BELLOW:

• Website: https://ridenode.io/
• Whitepaper: https://www.ridenode.io/wp-content/uploads/2019/11/RideToken-WhitePaper-Version3.0.pdf
• Telegram: https://t.me/RideNodeGroup
• Facebook: https://web.facebook.com/RideNodeToken/
• Twitter: https://twitter.com/RideNode

Author: Batu permata

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1875984