Redcab1

August 18, 2018

‘A Decentralized Global

Transportation Platform’

RedCab LLC is a fast forward company with technological and futuristic business model in the transportation space. From technical aspects to business model, a dedicated research team spent a whole year of research to gather needs, find market gaps and assess potential with a clear understanding of customer requirements and customer experience.

The goal of the RedCab “Token Sale” is to convert our business model into a decentralized ecosystem that allows access to global markets with a transparent approach, reduce expenses of transportation for end users saving more than $60B made through middlemen businesses, and to develop our infrastructure to address the growing international demand on transportation services around the world through developing a powerful scalable tool.

How RedCab Solution works?

RedCab is a decentralizing the transportation solution for individuals by utilizing Blockchain technologies for cost efficient and secure transactions. On the other hand, saving billions of dollars from transportation commission to be rewarded back to the ecosystem ensuring sustainability and business continuity through cutting edge technology, performance management and customer loyalty. Our business model is designed to ensure smooth market penetration through lean and reliable processes, and our scoring and reward program ensures loyal and productive community. With the variation in fare calculation from one country to another and even from one city to another, RedCab LLC has managed to keep the tool flexible to amend the best pricing formula without surge price or high cost fare in holidays or bad weather.

Problem Solving: Why RedCab?

Many start-ups have been rising in the market recently to solve the transportation issue. Most of them are successful as a business, but none of them have succeeded without a social collateral damage.

Despite the fact that technology has bridged the gap for transportation needs and has successfully solved some problems in the past 10 years, this left us with multiple copycat business models without any iteration or innovation. Customers are not only searching for a trendy service, but looking for a true reliable service with sustainable quality and safety, that offers all transportation options and services with a low competitive price, and because customers hate to be abused; so on a rainy day, or a day with heavy traffic; “high rates” fare is not a good move. From another side, the main pillar in the transportation industry are the drivers. Based on a recent survey conducted on drivers working as part time for one of the major car hailing services App, 91% of the population have joined the hailing service Apps to increase their income and 87% to work flexible shifts ². Our business model guarantees 20% increase in the income of drivers with a clear strategy to capitalize on the network dominance where the time of the people who chose to partner with us and drive is managed more efficiently. This will lead to a sustainable cost advantage. Therefore, increasing the demand, which will allow the average RedCab driver in a city to complete more rides in a given hour, and consequently lowering the cost on the user, and the process loops again.

Value Proposition & Service Offering

RedCab LLC will integrate 100% of the offered services in our mobile app available on both stores - App store and Google play - to ease the process of paying for all transportation services, monitor usage, and privilege from a multi-layered usage platform.

Offered Services

1. Car Hailing

2. Car Pooling

3. Hotel & Airport transportation

4. Delivery service

5. Pick up service