Cryptocurrency has not remained limited to what it used to be in the past. It has moved ahead to innovate other areas of life as well. Originally visualized in 2006, the concept of PinkTaxi has been what would be based on Blockchain making it the first in the world to become the Blockchain based all-women taxi service. Let us check out what this service is all about in this concise compilation.
PinkTaxi – An Innovation
The concept of Pink Taxi has a social background to it. Available in over 18 countries globally, the service is aimed at empowering the women in these countries and helping them indulge in useful and practical earning option for them.
In fact, the actual purpose of an all-women taxi service was to help women passengers opt for a secure transportation facility. That should indeed be a practical solution of given the worst situation observed in the world at large.
Apart from the genuine social message that the service provides, the Pink Taxi revolution has also been making headlines because it works on Blockchain technology.
What is the Pink Taxi Standard?
Sensing the effect of Blockchain technology and the benefits of decentralization, Pink Taxi opted for a wiser decision to go with Blockchain technology for an effective functioning of Pink Taxi ICO revolution.
The Blockchain technology would help the taxi industry opt for the standardized procedures. In most cases, the taxi industry does not have a proper driver database and application procedure for the public at large. This can result in a tainted reputation for the company in particular and the taxi industry in general. ThePink Taxi ICO revolution makes use of a mobile app that would let the users check out the licensed drivers and the drivers manage their business in a proper manner.
How Does The Pink Taxi Model Work?
Pink Taxi works on the basis of three major models for generating revenue. These are
- Rides Sharing App – In Tune with most other revenue sharing models, Pink Taxi also works with a sophisticated mobile app. The app has been quite popular and has been gathering a whopping user base.
- Pick And Drop – Corporate sector would indeed need such pick and drop facilities for its employees and other delegates. In fact, this would be a designated service available from Pink Taxi. In fact, Pink Taxi has catered to the select list of partners. The taxi service indeed caters to the female workforce of these partner organizations.
- Advertisement – The Pink Taxi Service uses advertisements as one of the best revenue generation model.Pink Taxi ICO has planned a host of advertising options so that the women would be able to make use of the revenue generation options available through these channels.
What Does It Have For The Investors?
Well, if you are a crypto investor – you have a lot that can benefit you the Pink Taxi revolution. Participating in their Pink Taxi ICO would help you earn rewards in the form of free rides. In addition to the investors, the drivers would also improve their earning abilities. Yet another feature that should work as an incentive for the investors is the standardization of the procedure that Pink Taxi has been able to introduce in the traditional taxi industry. You can be sure of a safer transaction and travels as you have access to truly authorized drivers.
The Pink Taxi ICO has Pink Taxi Tokens or PTT as the sole payment method for the transactions. This would ensure faster and reliable transactions.
The Parting Words
Pink Taxi is indeed a revolution in its own right. In fact, it is a great gesture in the direction of women empowerment. It would help women become self-sustained both in terms of her choice of life, resources she would opt for and the decisions in other aspects of life that she is entitled to.
With that backdrop, we would indeed vouch for the unique concept and will look ahead to the world to support the venture in investing in the unique concept known as Pink Taxi ICO.
