this post was submitted on 18 Aug 2023
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Probably a very unpopular thing to say: It would be interesting to see a middleman-free, decentralized version of Lyft/Uber where payments and ride-hailing are done with crypto and blockchain/smart contracts, driver ID's using using DID's, anonymized on-chain using homomorphic encryption. The hardest problem that I forsee with that tech is with dispute resolution. The idea stems from the opinion that the gig economy is great but the real problem (in matters not related to conflict resolution) is that the middleman takes a huge cut of the fare in exchange for doing almost nothing.
This is just a cab, with extra steps. You get a cab, you pay the driver no middle man.
Not really! What about reputation score, etc?
You could actually say that about any business that accepts credit cards or digital payment at the point of sale. Try it.
Two points: