We believe in the power of P2P networks, where decision-making is democratized, and ownership and transparency are at the forefront.
In the future, many organizations will be structured to be more community-driven in the form of DAOs. A paradigm shift of this nature will lead to permissionless innovation, alignment of business objectives between users and companies, and new business models.
We initially saw the value this could bring to the ride-hailing industry and began developing nRide, a decentralized ride-hailing application. We quickly realized that the foundations on which the nRide app was built could be open-sourced for developers to leverage to build the next fleet of gig economy-focused applications and more.
The ultimate goal of nRide is to create an ecosystem of interconnected applications that leverage the nRide protocol. Each promoting ownership, transparency, and trustlessness.
The concept for nRide was born at the NKN - Gitcoin GR11 hackathon in October 2021, initially focusing on creating a decentralized ride-hailing application. Our focus has since expanded to creating the nRide protocol, with a set of open-source libraries and smart contracts that other developers can use. the nRide application will be the first application to implement the nRide protocol.
The first whitepaper outlining this vision was written in early 2022, and the code has been under development since then. Currently, the nRide mobile application, implemented in Flutter, is in private beta on the Apple and Android app stores. The escrow and registry smart-contracts are implemented in CosmWasm and deployed on JUNO, owned and controlled by the DAO. The DAO itself is built on DAO DAO, also on JUNO, and the NRIDE token is a CW20 token, also minted and controlled by the DAO.
The short-term goals for nRide include expanding the user base of the platform, testing and refining the escrow and registry mechanisms, and improving the user experience of the mobile application.
The medium-term goals for nRide include, refactoring and open-sourcing the codebase, launching a public beta version of the platform, and establishing partnerships with ride-hailing companies and other organizations.
The long-term goals for nRide include becoming the leading peer-to-peer ride-hailing platform in the world, achieving widespread adoption, and fundamentally changing the way people think about and use ride-hailing services.
The driver registry is a fundamental component of the nRide protocol that enables riders to discover available drivers in their area. The registry is implemented as a decentralized database in a CosmWasm smart contract on Juno, allowing for secure and transparent storage of driver information.
