Coins.ph has integrated its blockchain technology into the ride-hailing platform inDrive, allowing drivers to earn extra rewards by mapping the roads of Metro Manila. This move underscores the potential of blockchain beyond cryptocurrency to enhance data management and increase accountability.
If you recall, some of the earliest discussions about blockchain described it as a platform. It wasn’t just about cryptocurrency, though that’s what it became known for. Blockchain allows people to verify the authenticity of transactions, identities, and records, and more. It can help with data management and sharing, as well as real-time monitoring of goods and transactions, reducing instances of fraud, and increasing accountability.
So anyway, Coins.ph has powered the ride-hailing platform inDrive with its own blockchain. According to a press release, this will allow “inDrive drivers to earn extra rewards by mapping the roads of Metro Manila.” This means there is no single entity controlling the map; it is constantly updated by a large network of people. It is similar to a popular navigation app where users provide updates about traffic conditions. However, this app relies on crowdsourcing, while inDrive drivers collect data that the platform can analyze for more detailed information. For example, a navigation app might suggest a route with less traffic, but it could be as clogged as an artery with narrow streets and parked cars.
By offering real-time, hyper-accurate mapping data, it supports urban planning, traffic management, and location-based services, benefiting the broader community.
Blockchain Cryptocurrency Ride-Hailing Indrive Coins.Ph Metro Manila
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