1794: How Blockchain is Disrupting of Uber's Ride Hailing Model

Firdosh Sheikh is the Co-founder and CEO of DRIFE, a decentralized Ride-hailing platform powered by blockchain to empower both the drivers and the riders without any existence of a central entity. Firdosh shares her powerful origin story that she calls 'the ride that changed my life.'

I learn why ride-hailing is crying out for innovation. Despite being a huge global market, drivers, riders, and ride-hailing platforms are all struggling. Uber still is not making profits. So one of the original big disruptive industries is crying out for disruption itself.

We discuss how DRIFE is breaking the vicious cycle of centralised ride-hailing platforms like Uber and the high commissions leaving drivers trapped with little to no profits.