With Solana being production ready and IMO first usable chain for real applications, do you think there’s a real edge to build p2p payment platform on the blockchain instead of building your own walled garden system?

Teleport app believes they can go by with taking 15% off the taxi rides, compared to over 50% that Uber takes

With Solana being production ready and IMO first usable chain for real applications, do you think there’s a real edge to build p2p payment platform on the blockchain instead of building your own walled garden system?  Teleport app believes they can go by with taking 15% off the taxi rides, compared to over 50% that Uber takes

Jozhe

doesn't this also just go to zero or at least disrupted when autonomous vehicles become the norm?

Todd Smith

I'm wondering how much more cost effective it really is though? I imagine if you have the same legal, safety, customer support processes, these margins would be way closer?

One other interesting use case I saw is https://hivemapper.com/explorer

Basically Google maps, but instead of a company driving around and building maps, they incentivize drivers to buy their camera and contribute to build the system

I read about Teleport years ago, and remember thinking the most appealing part is that the app experience is designed to look and act much like an Uber or Lyft app for seamless onboarding of riders and drivers alike with no crypto required.

Cyril

I'm wondering how much more cost effective it really is though? I imagine if you have the same legal, safety, customer support processes, these margins would be way closer?  One other interesting use case I saw is https://hivemapper.com/explorer  Basically Google maps, but instead of a company driving around and building maps, they incentivize drivers to buy their camera and contribute to build the system

Jozhe

A group of likeminded people in Crypto are talking about this.