Despite the widespread use of ridesharing apps, data privacy, security, high fees, and centralized governance remain key issues.
Our solution is a blockchain-based ride-hailing platform on Cardano, ensuring superior privacy, security, and user governance compared to traditional services. It's like Uber but on the blockchain.
This is the total amount allocated to Ride-hailing (Uber-like) Platform.
Abderrahim Issaoui
No dependencies
The decision to keep some components of our project non-open source is also driven by our ambition to establish a commercially viable product. This serves a two-fold purpose. Firstly, it allows us to generate revenue as a company to fund our activities, ensuring the project's ongoing development and maintenance. Secondly, it acts as a testament to the potential of the Cardano ecosystem to facilitate not just community-driven, open-source projects, but also commercially viable solutions.
Our goal is to create real value within the Cardano ecosystem that extends beyond the typical open-source community projects. By building a successful commercial application on Cardano, we hope to showcase the potential of Cardano to drive growth in the capital market and foster a new wave of enterprise-level adoption. This would not only help us monetize our project but also contribute to the overall value of the Cardano ecosystem.
We believe that demonstrating the successful commercialization of projects within the Cardano ecosystem can inspire other entrepreneurs and businesses to leverage the technology, thus driving the ecosystem's growth and expanding its influence. While open-source projects are crucial for the collaborative growth of the ecosystem, commercially viable projects prove the practical utility and economic viability of the technology to a broader audience. It's this balance between collaboration and commercialization that we believe will ultimately drive the sustained success of the Cardano ecosystem.
Our project aligns with the following United Nations Sustainable Development Goals (SDGs):
Our proposed solution is a blockchain-based ride-hailing platform utilizing the Cardano ecosystem, addressing the escalating market demand for efficient mobility solutions. Mobility, as a sector, is indeed one of the world's largest and fastest-growing markets, both in terms of size and user base.
The global market for ride-hailing services was valued at 58 billion USD in 2021 and is projected to reach 185 billion USD by 2026, according to Market and Markets. Moreover, the number of ride-hailing users is estimated to be more than half a billion in 2021, spread across over 85 countries. By building a ride-hailing solution on Cardano, we're targeting this substantial audience, which could lead to a significantly increased demand for Cardano wallets and transactions.
Despite its widespread popularity, the existing centralized ride-hailing model has certain drawbacks. However, our platform addresses these issues:
Our strategy includes:
By introducing a Cardano native token for fee payments, our platform will create substantial demand for ADA, thereby boosting both retail and institutional adoption of Cardano. We aspire to provide a genuine Web3 solution for the automotive industry, enabling direct transmission of vehicle data to the blockchain. Through decentralization, we aim to reinforce data security and privacy, reduce costs, and empower users with governance rights, leading to increased demand for the Cardano blockchain.
Our proposed solution directly addresses the challenge by leveraging our team's expertise in blockchain technology, software development, and quality assurance to contribute to the growth and enhancement of the Cardano ecosystem.
Here are the key impacts and benefits our project will bring to Cardano:
We are realistic in our expectations and foresee a gradual increase in usage as our project progresses and matures. Within a reasonable timeframe post-project completion, we aim to engage a significant number of users, thereby contributing to the overall activity and vibrancy of the Cardano ecosystem.
The success of our project will be gauged through a combination of both quantitative and qualitative measures.
Quantitative Measures:
Qualitative Measures:
In terms of the project's impact on Cardano’s productivity and growth, in the short term, our project aims to deliver tangible, functional solutions that address existing challenges. The improvements we make will contribute to enhancing the overall efficiency of the Cardano ecosystem.
In the long term, our project aims to foster innovation within the ecosystem. By providing reliable and high-quality solutions, we'll encourage more developers and businesses to build on the Cardano blockchain. This can lead to an increase in dApps and other use cases for Cardano, ultimately contributing to the network's growth and the value of ADA.
Our plan for sharing the outputs and results of our project involves a combination of direct outreach, online engagement, and collaboration with strategic partners.
Direct Outreach:
We will organize webinars, workshops, and presentations at industry conferences. These events will allow us to share our project's outputs with a wide audience, including other developers, potential customers, and industry stakeholders. Our team will also publish whitepapers and technical documents detailing the project's implementation and results, making them accessible to the public.
Online Engagement:
We will maintain an active online presence through social media, blogging platforms, and forums related to blockchain and mobility services. By regularly sharing project updates, insights, and results on these platforms, we will ensure the wider blockchain and ride-hailing community stays informed about our progress.
Strategic Partnerships:
We plan to engage with relevant industry partners, including ride-hailing service providers, automotive companies, and blockchain organizations. Sharing our results with these entities will allow us to demonstrate the potential of our solution and explore opportunities for collaboration.
In terms of further research and development, the results of this project will lay the foundation for numerous potential extensions. The insights gained from the implementation of our blockchain-based ride-hailing platform could be used to explore other use-cases in the mobility sector. This might include expanded ride-hailing services, vehicle-sharing platforms, or even blockchain-based solutions for public transportation systems.
Moreover, we anticipate that the platform's codebase will be open-source, enabling other developers to use our work as a basis for their own projects. This will not only foster innovation in the sector but will also allow us to contribute back to the blockchain and Cardano community.
As PeakSoft GmbH, a Germany-based consulting company, we bring an extensive range of skills and experiences to the table, making us uniquely positioned to deliver this project.
- Solid Team Foundation: Our company boasts six full-time employees, each bringing their expertise in diverse disciplines such as software development, quality assurance, project management, and blockchain technology. This strong internal structure will ensure that all aspects of our project are managed effectively.
- Extended Resources: Beyond our internal team, we have access to an extensive network of external consultants. Should the need arise, we can swiftly deploy additional resources to ensure our project progresses without disruption.
- Web2 and Web3 Expertise: Our team members are pioneers in both web2 and web3 technologies. We have in-depth experience in large-scale software quality assurance and application development. Furthermore, our involvement as Plutus Pioneers and Atala PRISM Pioneers showcases our deep-rooted understanding and commitment to the Cardano ecosystem.
- Transparency and Accountability: We prioritize maintaining clear communication with the community. Regular progress reports and periodic webinars and Q&A sessions will be organized to keep stakeholders updated. Our stringent budgeting and auditing procedures will ensure that funds are managed appropriately and used as intended.
While our current budget allows for the completion of our proposed project, we may consider seeking additional funding in future Catalyst rounds. This would enable us to introduce new features and expand our project's scope. Any additional funding required will be detailed in a separate, new proposal.
To track the progress of our project, we'll implement Agile methodologies, particularly Scrum, and set clear acceptance criteria for each project component and deliverable. We'll also make use of Scrum boards and product backlogs to provide a transparent and constantly updated view of our progress.
For us, success is not merely about reaching milestones. It also involves accomplishing our established acceptance criteria and user stories within our sprints, and successfully delivering the first product increment within the proposed timeline. In essence, success means delivering a product that meets our high-quality standards and offers real value to the Cardano ecosystem.
Our project goals can be categorized into technical and market-focused goals:
Technical Goals:
Market-focused Goals:
Validation of the Approach:
Our approach's feasibility will be validated through several means. For the technical aspects, successful development, testing, and launch of the platform will serve as the primary validation. Post-launch, system performance, user feedback, and issue resolution metrics will provide additional validation.
Market-focused goals will be validated through community engagement measures and user satisfaction indicators. By comparing our performance against set targets and industry standards, we will be able to assess our approach's success.
Throughout the project, we will use agile methodologies and regular check-ins to ensure that the project remains feasible and that any issues or roadblocks are addressed promptly. This approach will allow us to adapt and pivot if needed, ensuring the ultimate success of the project.
Milestone 1 (Months 1-2) - Project Initiation and Planning:
Milestone 2 (Months 2-4) - Software Configuration:
Milestone 3 (Months 4-5) - Platform Development (Phase I):
Milestone 4 (Months 5-6) - Platform Development (Phase II):
Milestone 5 (Months 6-7) - Platform Development (Phase III):
Milestone 6 (Months 7-8) - Platform Development (Phase IV):
Milestone 7 (Months 8-9) - Integration and Deployment:
Milestone 8 (Months 9-10) - Final Testing and Launch:
Milestone 1 (Months 1-2) - Project Initiation and Planning:
Deliverables: Project plan, legal setup, and project management framework
Outcome: Establishment of the project's foundation with all the necessary administrative requirements addressed.
Measure: The successful creation of the project plan, completion of procedures, and setup of the project management framework.
Milestone 2 (Months 2-4) - Software Configuration:
Deliverables: Tested data processing and transaction builder scripts
Outcome: The project's technical infrastructure will be ready, laying the groundwork for platform development.
Measure: Successful setup and completion of scripts for data processing and transaction building.
Milestone 3 (Months 4-5) - Platform Development (Phase I):
Deliverables: Frontend design and backend architecture
Outcome: Initial phase of platform development, setting up the UI and server-side architecture.
Measure: Successful design of the UI and development of the backend architecture.
Milestone 4 (Months 5-6) - Platform Development (Phase II):
Deliverables: SuperAdmin backend and frontend implementation
Outcome: A working SuperAdmin interface for backend control and management.
Measure: The successful implementation of SuperAdmin functionalities and interface.
Milestone 5 (Months 6-7) - Platform Development (Phase III):
Deliverables: Driver/Company backend and frontend implementation
Outcome: A functioning driver/company interface for user registration, profile management, and trip management.
Measure: Successful implementation of the driver/company functionalities and interface.
Milestone 6 (Months 7-8) - Platform Development (Phase IV):
Deliverables: Customer user backend and frontend implementation
Outcome: A working customer user interface for user registration, profile management, and trip booking.
Measure: Successful implementation of the customer user functionalities and interface.
Milestone 7 (Months 8-9) - Integration and Deployment:
Deliverables: Integrated system, bug fixes, system security measures
Outcome: A fully functional, secure system ready for final testing.
Measure: Successful integration of all components, resolution of bugs, and implementation of security measures.
Milestone 8 (Months 9-10) - Final Testing and Launch:
Deliverables: Fully tested and launched MVP ride-hailing platform
Outcome: The launch of a working MVP blockchain-based ride-hailing platform, ready for user registration and use.
Measure: Successful completion of final testing, bug fixes, and the official launch of the MVP platform.
Each of these milestones will be accompanied by comprehensive documentation outlining the completed tasks, identified issues, and steps taken to resolve them. This will ensure that every phase of the project is well-documented for future reference and potential troubleshooting.
Milestone 1 (Project Initiation and Planning):
Milestone 2 (Hardware and Software Configuration):
Milestone 3 (Platform Development - Phase I):
Milestone 4 (Platform Development - Phase II):
Milestone 5 (Platform Development - Phase III):
Milestone 6 (Platform Development - Phase IV):
Milestone 7 (Integration and Deployment):
Milestone 8 (Final Testing and Launch):
Miscellaneous and Contingencies: 80,000 ADA
The remaining 100,000 ADA will be used for marketing and promotional activities to ensure the successful launch and operation of the platform. This also includes community-building activities that are crucial for the success of a decentralized solution.
Our project's cost offers significant value for money for the Cardano ecosystem due to our team's expertise, our operational efficiency, and our strategic approach to resource utilization.
Our team comprises highly skilled professionals, with extensive experience in large-scale application development, software quality, and connected car projects. This high caliber of expertise might appear to increase the cost, but it also ensures that we deliver high-quality solutions that are designed to stand the test of time, resulting in long-term savings for the ecosystem.
In terms of operational efficiency, we, as PeakSoft GmbH, a Germany-based consulting company, have years of experience working with prominent clients and managing sizable projects. This experience enables us to streamline our operations, reducing overheads and eliminating unnecessary costs.
Furthermore, as a company, we have full-time employees dedicated to this project, ensuring a high degree of accountability, ownership, and commitment, which in turn leads to better cost management and enhanced output. This commitment also extends to the possibility of deploying external consultants, if necessary, to enhance our capabilities without significantly affecting our cost structure.
The budget for this project has been determined considering the average wages for software professionals in Germany, which is one of the higher wage countries in Europe, reflecting the high level of expertise and quality assurance that we bring to this project. However, we're confident that our team's unique combination of skills and experience in both Web2 and Web3 technologies offers exceptional value for the Cardano ecosystem.
Ultimately, our aim is to provide the Cardano community with solutions that not only solve existing problems but also open up new opportunities. By investing in our project, the community is investing in the potential for future growth and innovation within the ecosystem, making it a value-for-money proposition.
Our team roles and responsibilities for the project are:
The team is prepared to engage external consultants if necessary, as we are always open to bringing in more expertise. We remain committed to active engagement with the Cardano community and technical-group channels and understand the expectations of proof of life verifications and public proposal availability. Our team's combined skills and experience make us well-suited to execute this project and contribute significantly to the Cardano ecosystem.