Solana-based ridesharing app Teleport shut down just eight months after it publicly launched its app, citing a lack of market readiness for decentralized ridesharing.
Uber News
Uber is an American-based international company that has made an application with the same name for searching, calling, getting and paying for a taxi or private driver. The company was founded in 2009 by Travis Kalanick and Garett Camp and the main office of Uber is currently headquartered in San Francisco. With the help of the application, a customer can book a cab and follow its track. In terms of cryptocurrency, in Uber, Bitcoin is allowed as a payment for buying gift cards and even, in some countries, rides also can be paid in virtual currencies. However, while the administration is just considering the ability of such ways of payment, some experts think that decentralized technologies, such as blockchain for Uber and other services that work as mediators, can be dangerous since, with blockchain, drivers and other service providers can connect directly to their customers.
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- Podcast
In episode 62 of the Hashing It Out podcast, host Elisha Owusu Akyaw explores Web3s attempt to disrupt internet infrastructure with Harrison Hines, CEO and co-founder of Fleek Network and Kyle Okamoto, chief technology officer of Aethir.
5041 - News
Tesla’s failure to demonstrate progress in the field of autonomous vehicles appears to be making investors skittish.
3206 - Spotlight
Built on Camino Network, the first travel industry-focused blockchain, this Web3 travel platform aims to transform how bookings work.
20696 - News
Members of the crypto community have called out the SEC Chairman for “shilling” Algorand.
8443 - News
The policy clearly stated that participants cannot make threats, use extortion or access customer data beyond what is accidental or occurs in good faith.
2749 - News
TRIP protocol allows drivers and ride-sharing companies to compete for riders, as blockchain enables disruption in existing markets.
7505 - Opinion
Centralized databases on Web2 are a honeypot for hackers. Decentralizing data on Web3 eliminates a major vulnerability for companies like Uber.
9519 - Opinion
By aligning hosts and guests in a shared marketplace, decentralized platforms will make good on the promise of the sharing economy.
24593 - News
The Adyen CEO expressed concern about Bitcoin's volatility in regards to a payment method, while Uber "quickly dismissed" discussions about purchasing the crypto asset.
7010 - News
A spokesman for Joseph Sullivan has denied the charges the Uber exec faces for paying hackers $100K in Bitcoin to cover up a data breach.
4355 - News
A former CSO is accused of trying to conceal Uber’s involvement in a 2016 data breach by paying the hackers $100K in Bitcoin.
6832 - News
Twitter will add more security training to prevent a repeat of the hack that hit 130 accounts including celebrities.
7779 - Follow up
The recent high-profile hack of Twitter accounts where 12 BTC was stolen is being investigated, and some exchanges may already know who did it.
9979 - Sponsored
Smaller firms in the sharing economy can find it difficult to compete with established, centralized platforms. A blockchain-based protocol plans to change that.
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