Introduction
Sled - Tokenizing the world of ride-sharing
The advent of ride-sharing platforms has significantly altered the landscape of urban transportation, offering users a convenient and cost-effective alternative to traditional taxi services and public transport. Platforms like Uber and Lyft have dominated this space, providing on-demand services that leverage technology to connect drivers with passengers through mobile applications. Despite the apparent benefits, this model has introduced several challenges that affect stakeholders, especially drivers, and, to a lesser extent, riders.
The centralized nature of these platforms means that a significant portion of the control and profits are concentrated within the companies that operate them. This has led to concerns over fair compensation for drivers, transparency in pricing mechanisms, and the overall balance of power between the service providers and those who use the platform, either as drivers or passengers.
Last updated