Solana-based protocol seeking to decentralize ride-sharing raises $9M
Cointelegraph
Published Oct 27, 2022 05:30PM ET
Updated Oct 27, 2022 07:00PM ET
The ride-sharing industry is poised for another paradigm shift with Web3 protocols, allowing new companies and drivers to bid for rides using a matching algorithm, according to the Decentralized Engineering Cooperation (DEC) — the company behind the Solana-based protocol TRIP that enables mobility-based applications.
According to DEC, on the TRIP platform, companies and riders can collaborate and compete in a shared marketplace. The protocol also rewards the most active participants with a stake in its governance for both drivers and customers.
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Written By: Cointelegraph
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