Decentralized Rideshare Network Driver Rate Control

Resolve Bottlenecks,
Find Innovative Solutions
Generate Solutions

Solution Overview

Problem

Conventional rideshare platforms operate centrally, dictating fees and failing to account for drivers' costs and ownership, leading to unprofitable conditions for drivers and price gouging for riders, resulting in dissatisfaction and unsafe operations.

Innovation Solution

A decentralized rideshare service system using a peer-to-peer network allows drivers to set their own rates and offer user-defined services through a mobile interface, enabling riders to select based on preferences and features, with a decentralized computing network facilitating direct connections and payments.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Extent of automation

If a centralized host platform controls ride fees, then the platform can automatically manage pricing, but drivers cannot earn a living wage and lose control over their service rates

Engineering Contradiction:
Improveautomatic fee controlVSAvoiddriver control over rates
Core Design Contradiction:
Extent of automationVSEase of operation

Solution Approach 1:

The patent extracts the fee-setting authority from the centralized platform and transfers it directly to drivers. The blockchain-based smart contract system automatically executes transactions at driver-defined rates, eliminating the need for platform-controlled pricing while maintaining automated transaction management.

Inventive Principle:
Principle #2Taking out (Extraction)

Solution Approach 2:

Drivers independently set and adjust their own service rates without platform intervention. The system enables drivers to autonomously manage their pricing strategies based on their cost structures and market conditions, while the automated matching and transaction systems handle the operational complexity.

Inventive Principle:
Principle #25Self-service

2Loss of energy

If existing systems take a percentage of fees from drivers, then the platform generates revenue, but drivers are forced to operate at unprofitable rates below minimum wage

Engineering Contradiction:
Improveplatform revenue extractionVSAvoiddriver profitability
Core Design Contradiction:
Loss of energyVSReliability

Solution Approach 1:

The blockchain and smart contracts serve as neutral intermediaries that enable direct peer-to-peer transactions between riders and drivers. This eliminates the traditional platform intermediary that extracts fees, allowing drivers to retain full control over their earnings while the system maintains transaction integrity through cryptographic verification.

Inventive Principle:
Principle #24Intermediary (Mediator)

3Device complexity

If a centralized platform sets uniform service rates, then pricing is simplified, but riders cannot select drivers based on individual rates and preferences

Engineering Contradiction:
Improvepricing structureVSAvoid rider choice and preference matching
Core Design Contradiction:
Device complexityVSAdaptability or versatility

Solution Approach 1:

The patent segments the uniform pricing structure into individual driver-specific rate settings. Each driver can establish their own pricing based on their specific cost structure, vehicle type, and service offerings. The system then segments the rider selection process to match riders with drivers based on multiple criteria including rates, ratings, vehicle preferences, and driver availability.

Inventive Principle:
Principle #1Segmentation

4Productivity

If centralized platforms control the service, then coordination is streamlined, but drivers are enslaved with corrupt incentives and cannot operate freely to meet demand

Engineering Contradiction:
Improveservice coordination efficiencyVSAvoiddriver operational freedom
Core Design Contradiction:
ProductivityVSEase of operation

Solution Approach 1:

The system transitions from static, platform-controlled coordination to dynamic, driver-driven operational decisions. Drivers can freely adjust their availability, rates, and service parameters in real-time based on demand conditions, while the automated matching system dynamically coordinates rides based on current driver and rider locations and preferences.

Inventive Principle:
Principle #15Dynamics

Data Source

PatentUS11321642B1System, method, and computer program product for decentralized rideshare service network
Publication Date: 2022.05.03 FARE IO INC
  • US11321642B1 patent drawing
  • US11321642B1 patent drawing
  • US11321642B1 patent drawing

AI summary

A rideshare service platform is configured with a decentralized computing network system in a peer-to-peer connection. The decentralized computing network system locates driver users available for a rideshare service in response to a rider user request. Driver users set their own rates and offer individualized rideshare features through a user interface that is configured for the driver to input user defined features including rates, distances, and other miscellaneous features that may be wanted by a rider. Some embodiments are configured to generate multiple driver pre-set profiles for a driver user that the driver can select for example, at different times of rideshare demand.