Smart Contract for Decentralized Ride-Sharing Platform

Objective

To create a decentralized, transparent, and secure ride-sharing system using blockchain technology, eliminating the need for centralized intermediaries like Uber or Lyft.

Key Features

Smart Contracts: Automate agreements between drivers and riders.

Decentralized Matching: Riders and drivers connect directly via blockchain.

Transparent Payment System: Fare calculations and transactions handled through smart contracts.

Reputation System: Blockchain-based ratings and reviews to ensure trust.

Dispute Resolution: Automated rules and voting system for handling conflicts.

Technologies Used

Blockchain Platform: Ethereum or Binance Smart Chain

Smart Contract Language: Solidity

Frontend: React.js or Vue.js

Backend: Node.js or Express.js

Wallet Integration: MetaMask or WalletConnect

IPFS: For storing ride logs and reputation data securely and decentralized

How It Works

User Registration: Riders and drivers sign up using a crypto wallet.

Ride Request: Rider submits pickup and destination via DApp.

Driver Matching: Smart contract matches with nearby drivers.

Ride Confirmation: Both parties agree on price and terms, locked in the smart contract.

Payment Handling: Fare is held in escrow and released to the driver once ride is completed.

Reputation Update: Both rider and driver leave immutable ratings.

Benefits

No Middlemen: Reduces service fees and empowers direct interaction.

Transparency & Security: Blockchain ensures data integrity and trust.

Fair Payments: Automated and tamper-proof fare handling.

Censorship Resistance: Platform is not controlled by a central authority.

Global Access: Anyone with internet and crypto wallet can use the service.