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Comment by danielnaab

A decentralized ride solicitation tool with a reputation system, maybe blockchain-based, could kill off Uber and Lyft almost overnight. Especially if existing taxi companies embraced it. I want to know if a driver is licensed, insured, etc. Uber doesn't provide that, and I don't like the rent-seeking aspect of their service.

If it's winner-takes-all, it's only a matter of time until another winner takes all. I don't think we've seen the end of this market yet...

EDIT: Wow, two down votes in 10 minutes. Care to say why? There are a lot of incumbent players losing market share to Uber - how do they compete? It seems like the perfect opportunity for more of a SaaS business model built around selling integration with an open network. There are already reputation-based blockchain implementations. Why would a decentralized model not work?

parent danielnaab 11 years ago

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