The answer to traffic congestion,
unemployment and the ride-sharing future
There are numerous issues resulting from too many cars on our roads these days and it warrants finding a solution that is sustainable, sure to work and address all these concerns and more.
It has been suggested that more than 50% of vehicles on the road today carry just one person, the driver, which means that the amount of the vehicles on the roads are far more than is necessary. Not only does this phenomenon cause increased traffic, it further adds to pollution of the air on top of already high industrial pollution. In turn, various health problems are created as a result.
“Imagine a world where traffic congestion has been halved, with only a fraction of single occupant vehicles on the road. Take for instance the LA freeway. It will be a completely different place and actually a pleasure to drive,” says CarSmartt COO, Vito Visconti
In New York City the problem has become so troublesome that The New York City Council passed a bill on 8 August, instating a 12-month recess on adding new ride-hail cars while the city studies the effects companies like Uber, Lyft and Via have on traffic congestion.
The increased congestion on the roads and pollution are however not the only issues pertaining to ride-hailing services. Driver wages is yet another concern. Money speaks loudest and drivers aren’t happy with what they are earning working for these companies.
“Current transportation solutions are ripping off drivers,” says Visconti. “Users do not really get what they pay for and current transportation companies do not offer a fair share of earnings to drivers with their centralized fee structure. It simply does not make economic sense,”Visconti adds.
What is the solution? Is it for lawmakers to get further involved and over-regulate the industry in order to address these concerns?
In many cities across the globe Uber has in fact been banned because of the contentious relationships it has formed with companies and service providers that are seen to be operating under shady business processes.
CarSmartt is a state of the art online ride-sharing platform aimed at creating a complete decentralized ridesharing marketplace, where all problems associated with traditional taxi rental and ride-sharing are addressed. Users don’t have to rely on central authorities, who take a major share of their earnings.
Benefits for all
Users of ride-hailing or ride-sharing companies will also benefit from saving money and time.
The users are also able to choose to ship packages through the CarSmart app, enabling the delivery of small, medium and large-size packages at a minimum cost and ensured of maximum safety.
By changing the way we rent vehicles, making it more secure, presents yet another income stream that is economically viable, leaving only the inspection of the Drivers vehicle and fuel gauge to worry about. Think of a platform that enables pre-approved riders to have the ability to immediately rent a car from someone in your immediate community and without having to go through a car rental agency which can take time and is very costly. That is a clear user benefit. If ever there is one.
It is also time for individuals to take charge and create their own businesses, be self-employed and be their own bosses, by monetizing their vehicles. Why not turn every drive, around the corner to the shop or around the country, into a money-making opportunity and make a decent living?
Individuals will be fairly compensated for their services with the introduction of a flat fee and speedy payments. A technology solution that allows for smart contracts that ensure secure and speedy transactions with complete privacy will benefit drivers and users.
Says Visconti: “A flat fee, subscription-based service, like our CarSmartt solution guarantees fair, sustainable income for drivers. As independent contractors drivers can earn, own, and trade TURN tokens and other crypto currencies, which are the currencies of the future.”
Furthermore, there is a growing number of people who are becoming more mindful of caring for the earth and doing what they can to minimize their carbon footprint and fighting global warming. These are people who will profit by investing in a transport service that not only serves your needs, but also makes you feel good and do good in helping to reduce traffic and pollution.
CarSmartt offers users a more affordable, hassle-free alternative to traditional taxi and ridesharing transportation companies, with the added benefit of promoting eco-friendliness.
The future of mobility
Looking to the future of mobility it shows that becoming an entrepreneur and earning a sustainable income with a fair business partner is a credible option. Together individuals can help build a loyal ridership community and a real shared economy.
What sets CarSmartt apart from other companies operating in this space is that it does not offer a single service, like Uber and Lyft that only offer city trips services. It offers four services and business opportunities, which include: City trips, long distance trips, parcel shipping and car rental options.
There is a great need to make road transportation more economic, efficient, transparent, eco-friendly & fair. Drivers and car owners earn fairly for their efforts, users save money when going from A to B and people can save on shipping a parcel. It makes sense to combine the rental car market with ride-sharing and package delivery businesses.
By changing the fee structure of ride-hailing services to a monthly subscription based model drivers will take 100% of fairs coming from riders on a daily basis. This increase of up to 40% will drastically change the lives of drivers who are doing ride-sharing as a fulltime job.
Merging the rental car market and the ride-sharing market, where riders who qualify will have the option to take the drivers car and return it to the driver when finished, making it much easier to rent a car. CarrSmartt has that service option through a feature called “Jack your Ride”.
Package delivery services as well as long distance carpooling, simply adds another set of benefits to those who are interested in investing in the future of mobility and earning a living.
Disrupting the market
Disruption is another buzzword taking the world by storm. It is made possible by presenting opportunities that are different from what is available right now, in a more sustainable fashion and based on fair business practices. This is exactly what CarSmartt does, featuring a disrupting offering, backed by a unique technology solution perfect for the fast growing transport market.
Eliminating the one size fits all pricing model through opening up set prices directly to the market participants is what will upset the status quo. As a ride-sharing provider a driver will pay a monthly subscription fee and can then choose to pick up as many riders who need transportation, without restrictions.
According to Visconti CarSmartt is ideal for Drivers. “Drivers are most of the time hired as independent contractors while working as employees. As independent contractors, drivers are not given any benefits while they still need to provide all the maintenance cost for the vehicles. A CarSmartt driver, in essence, own a ride-sharing company, is his/her own boss and the profits made are all theirs.”
Current ridesharing transportation companies, with their centralized platforms and exorbitant fees, (up to 40% more expensive for the same services CarSmartt supplies) are exploiting their drivers and pocketing all the money for themselves.
Another disruption is that any car owner can now make money on their car when they don’t use it, renting it hazard-free to a qualified driver.
Value of investing
For those keen to invest in a ride-sharing solution company it is important to make sure the company they invest in is sustainable and will grow in modern times — a company that is disrupting the disruptors and is invested in the future of mobility.
Financial investors will reap the benefits from a disrupting business model based on a disrupting technology for a highly profitable market.
The value proposition is uncomplicated and straight forward. The company has developed aBlockchain-based ecosystem that revolutionizes mobility for people and packages, offering a real, cost effective alternative to ride-sharing transportation players, including parcel shipping companies.
CarSmartt is a public listed company on the overt-the-counter (OTC) market with a solid business model and an innovative technology. The company’s subscription-based business model is planned to scale globally. What is more, looking to the future the company is working on an ultimate solution and developing an AI Driverless vehicle for delivering packages.
The technology and TURN Token
Blockchain is the technology of the moment. Everybody is talking about it and the attention it is attracting is staggering. Various industries are looking to this technology to create new services or upgrading older ones.
With Blockchain technology the transportation industry is set to change and grow. People can now earn a living without their employers taking all the proceeds, all through the use of easy to use technology. “It can be seen as Blockchain running on wheels,” notes Visconti.
Blockchain is a virtual, public ledger that records everything in a transparent and secure way. It allows the free transfer of cryptocurreny through a decentralized environment and all the data is then held in an interlinked network of computers, which is retained and run by the users themselves.
When drivers and users are pooled together through a decentralized platform that offers earning/saving both parties benefits.
The CarSmartt app runs on Blockchain technology and the company is financing its operations through a Token Generating Event (TURN token), which is also used as the main method of payment between drivers and users.
The TURN utility token, according to Visconti, is a credible investment option with trusted transactions that is changing transportation lifestyles whilst contributing to a cleaner environment.
Blockchain is not just about cryptocurrency. Looking at Blockchain’s advancement in numerous other industries and solutions, thus far, non-adopters will definitely fall behind the curve.
Visit us on coin.carsmartt.com and join us on Telegram and be part of the TURN.
