CarTaxi — Towing service for your car

erikalui
5 min readAug 20, 2017

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Are you looking for a fast and reliable towing service? Come and check out CarTaxi service which is based on Blockchain Technology.

Introduction:

CarTaxi is based on geolocation and blockchain with smart contract technologies.

Sometimes when we move to a new home, we may have to tow a car which may be yours or a rental car because of various reasons like a breakdown or out-of-gas or accident. Now, IT-based services have been developed. CarTaxi is a convenient service.

At present, it prevails in Russia and has expanded in U.S. (San Antonio), Russia (Moscow) and Hongkong (China). It is growing at a fast rate. As it has offices in many countries, it changes the old method of towing which is outdated. It is based on blockchain technology.

Problems faced with general towing services:

The vehicle towing is a business that relies on human factors and we can only guess with the help of phone numbers when help will arrive. There are owners of tow trucks which lead to number of problems due to human factors being involved:

· Extra trips: At times, services try to misguide users and take different routes that increase the trip time.

· Delayed delivery: Due to extra trips, the time for the journey increases inevitably.

· Court cases: If a car is damaged during transportation, earlier there was a court case against the carrier.

· Non-familiar apps: The apps are too confusing to book a towing service.

· Payment: Payments are charged regardless if the customer is satisfied with the service or not.

How does CarTaxi solve these issues?

CarTaxi eliminates the human factor. It uses modern technology. You can arrange a tow, anytime and anywhere within few minutes. It makes a driver’s life simpler and easier.

With CarTaxi, a large number of trucks arrive as quickly as possible to the driver at a low cost and all the owners of tow trucks are connected to the CarTaxi service. One does not have to pay for extra trips and the cost is minimum as it is based on geolocation.

CarTaxi service is guaranteed. The customer is secured and if there is a damage, he/she will get compensation without any need to open a dispute.

Funds are transferred safely and payment will be asked only when the service has been completed successfully. The accounts are clear and transparent with each contractor.

First the user had to open UBER app to call a taxi. Now you open a CarTaxi app. The payment is safe transfer of funds and services are completed.

Sometimes, vehicles are damaged and hence there is a liability. CarTaxi makes it clear to track the safety of goods from a loading state to an unloading state. It guarantees the safety of cargo. It assures protection and there is no need for a legal procedure in case of a dispute. There is insurance for your vehicle’s safety.

The Towing Industry and CarTaxi’s mission:

The towing industry in U.S. is worth $6 billion. China market is about $9.6 billion. The number of cars has passed the one billion mark and the towing market may reach $32 billion by 2022.

CarTaxi is based on several factors like legal environment and takes into consideration minimum costs. It is fully operative in Russia and hence the app is considered to be #1.

Tow truck owners are connected to the system. It wants to capture upto 20% of the world market. The target may be $0.97 billion.

The CarTaxi deals with commission for tow truck services. The commission may range from 10–20%. In Russia, China and U.S. it is 15%. The customers receive the best services for the best price.

The main product has been designed, tested and launched and its goals are to expand in 2017–18 in the U.S., 2018 in U.S. in China market and 2018–19 expansion in India, Southeast Asia and other countries. It’s purpose is to connect the partners and it may take up 20% of the market and get a revenue of $970 million by 2022.

How does CarTaxi work?

CarTaxi provides transport of vehicles using tow trucks, coordinates vehicles’ current location of the customer and tow truck driver. It has seven components, a mobile app for clients to call a tow truck, a mobile app for contractors to receive orders from customers, a web interface manages service to manage business, to authorize users to see cost of travel and storage service and store contractor’s movement to the customer about where the contractor is and after the order is completed, it evaluates it.

The partners can use a mobile app and receive and execute orders of customers, checks if the contractor is available, sends his location, informs the contractor about new orders, checks his order history and views to settlements.

One can have information of models of cars, sending notifications, sending socket messages, storing locations. It selects the best contractor, best route and rates zones, stores reports and blockchain.

There is a mobile app which registers the user, vehicle list, views orders, checks the payments, shows the location, checks the start and destination points, evaluates the trip cost even, even checks if there is a non-cash payment, cancels orders, tracks contractors.

The administrative panel manages customers and contractors, user accounts and orders, views details of orders, checks the locations on a map about contractors, checks the performance, manages rate zones and promo codes.

The business process manages CarTaxi business and deals with special service for customers. This registers customers, registers the contractor and also registers the customer’s order, provides discount, resets password of contractor and his work session, links a bank card to the account of the client and takes steps to improve interaction of partners and user with the service.

Auth is an authorization that lets a third party to have access to user resources without a login and a password. Based on the order, trip cost is calculated. Based on these factors, the best contractor is selected for the customer.

Blockchain technology based on ethereum is used for registering accounts of partners and contractors.

Interested in CarTaxi? Would you like to buy the tokens? Read about the upcoming Pre-ICO and ICO.

CarTaxi offers CTX tokens. The investors get dividends which can also be traded on exchange websites, depending on the market value of the tokens. 25% of the profit will be used to pay the dividends, 25% of the profit relates to buying tokens. If the token supply is limited, the amount of dividends increase. It may reach 75 million or 152% of investment starting in 2020 and over $150 million or over 300% investment in 2012. This will lead to the market value of the tokens.

CarTaxi tokens also known as CTX tokens are 100% ownership of a CarTaxi like fiat currency, bitcoin and ETH.

The Pre-ICO will start on 30th August 2017 and end on 19th September 2017 wherein 12.500.000 tokens will be sold worth $914,4K.

The ICO will start on 29th September 2017 and end on 29th October 2017 wherein 487.500.000 tokens will be sold worth $64,85M.

Click here for more details…

Bitcointalk user: Erikalui

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