Yantha : Blockchain + IOT : Uber Efficient True Carpooling

Legacy Carpooling platforms like BlaBlaCar fail to provide active rides.
While on the other hand hailing a cab on daily basis is not an affordable solution for 80% of commuters. Daily transport is a multi-trillion dollar industry and is all set to be disrupted with a solution which promotes sharing economy in true sense, convenience to share ride without any overhead, Trustless review system for additional security.

With 5 years of experience in conducting a ridesharing platform www.poolmyride.com i have come to a conclusion that an app only approach for car-owners to share ride is a cumbersome approach as :-
1. App needs GPS and SIM access throughout the journey. This poses various issues like security , privacy and battery drainage
2. Mobile devices are now more personal than ever, car owner might be using navigating apps like Google Map, social media Facebook / Twitter , Media apps like youtube / soundcloud. An app to ...
Yantha : Blockchain + IOT : Uber Efficient True Carpooling

Legacy Carpooling platforms like BlaBlaCar fail to provide active rides.
While on the other hand hailing a cab on daily basis is not an affordable solution for 80% of commuters. Daily transport is a multi-trillion dollar industry and is all set to be disrupted with a solution which promotes sharing economy in true sense, convenience to share ride without any overhead, Trustless review system for additional security.

With 5 years of experience in conducting a ridesharing platform www.poolmyride.com i have come to a conclusion that an app only approach for car-owners to share ride is a cumbersome approach as :-
1. App needs GPS and SIM access throughout the journey. This poses various issues like security , privacy and battery drainage
2. Mobile devices are now more personal than ever, car owner might be using navigating apps like Google Map, social media Facebook / Twitter , Media apps like youtube / soundcloud. An app to share ride which might / might not end up connecting to the passenger will always remain on low priority

Besides this there is a foundational challenge of finding perfect match, as carpools have fixed source and destination, this reduces possibility of finding a guest rider. Hence the car owner who does all the efforts to make his ride active on platform and still doesn't finds a guest rider will not be motivated to share the ride next time.

Hence the platform never reaches minimum set of active audience in order to create a nuclear reaction amongst driver and passenger community

OUR SOLUTION

1. IOT: Technically Convenient Solution
We have designed a hardware which will fit in any car's OBD port and will be connected via bluetooth button, which can be placed anywhere in the vehicle. Now if a driver want's to share the ride, all it has to do is press the button and ride will be active. The hardware is equipped with GPS and SIM modules and will take care of updating vehicle's location on platform

2. Motivating users while creating a self-sustaining ecosystem
Yantha works on POT : Proof of Travel. On our platform every driver becomes miner once they share the ride. Hence drivers are rewarded on basis of kms shared on the platform along with other factors like community score, recent trips, route demand. This makes sure drivers are motivated to share the ride even if the guest rider is not on board.

3. Privacy
Yantha has a complete end-to-end encryption flow
More information

Employees

Abhishek Talwar
Admin
Abhishek Talwar CEO Ridesharing Enthusiast | Full Stack Developer | Poolmyride + Delve Logic + Yantha