CUCA is a Peer-to-peer Car sharing is a relatively new form of sharing economy that is currently undergoing rapid change.
Unlike the conventional car rental business, peer-to-peer car sharing allows individuals to rent out their personal vehicles to customers.The current status quo of p2p car sharing involves a centralized platform, which acts as a mediation between the entities. This structure, unavoidably results in higher rental price for the customers and lower income for the car owners, to cover the commission.
To resolve these problems, CUCA provides the next-generation peer-to-peer car sharing through the utilization of blockchain. With our team of experts in blockchain, CUCA successfully solved the existing limitations from the conventional p2p car sharing. CUCA offers a lower price for renters, higher profit for owners, guarantees secured personal information and provides an additional discount option by trading in driving data.
CUCA’s use of blockchain reduces mediation fees through decentralization. By connecting individuals through smart contracts, both cost and time restraints are minimized. The expenses cut from server management, human resources, land contracts will be put towards the benefit of users.
[CUCA] strives to offer flexible, convenient and accessible service, where all participants can enjoy trouble-free car sharing.