See this article. Some excerpts:
"Christopher David thinks Uber and Lyft are already relics. He’s created a
ride-sharing app that drivers, themselves, will one day own, and he’s
gamified the app in the process. Arcade City
is the name of the game, and – if David continues to coax this
fledgling app out of its nest – it could pose a threat to these
established industry leaders."
"To accomplish this lofty goal, it will rely on Ethereum, a new virtual technology, often used as a virtual currency, that’s looking to decentralize just about everything. A wonderful example of a centralized business is Uber: there’s a HQ and
there’s a power structure. Centralization, many think, is bad, in part
for two reasons: the employees are vulnerable to the higher-ups’ whims
and greed; the organization writ large is vulnerable to outside attack.
But a decentralized organization is run by all involved, and an
organization decentralized through Ethereum is, in effect, immortal —
and immune to governmental impositions."
“The more powerful model, more sustainable — and certainly more in line
with where tech, and I think society in general, is moving — is more of a
distributed model where power and wealth are pushed out more to the
edges of the network. We can set it up such that we have, kind of a
‘rising tide that lifts all boats’ type thing, where drivers all over
the place have a little bit of stake and they’re all incentivized to
build the network in their area.”
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