A DECENTRALIZED AUTONOMOUS SYSTEM USING A BLOCKCHAIN TECHNIQUES

Abstract

Ecosystem operated by Centralized ride-sharing system, where customers have limited access to data and information. This creates a lack of transparency and makes it difficult for users to evaluate the quality of the service they receive. These operators charge a commission for their services and increases the fare heavily during peak hours. Such things operate under a set of rules and regulations, which can limit the flexibility of the service. They collect and store a significant amount of user data, including location, payment information, and personal details. Cyber attacks or identity theft by compromise the privacy of the users and make them vulnerable. As an automated peer-managed version of Ola and Uber, the proposed solution is decentralized application, that utilizes trustless smart contracts. The model eliminates middle-men and projected fare is reduced. This is revolutionary where disputes can be sorted out and moved by trust-less smart contracts with legal liability. Improved privacy, cost effectiveness and ride fairness of the proposed solutions shown by experimental results.