Category Archive: uber

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Uber accepts Bitcoin in Argentina

uber accepts bitcoin
The Argentinian department of the ridesharing giant Uber accepts Bitcoin. 
To do so, Uber starts a partnership with Xapo, a startup that will help Uber users to accept bitcoin debit cards during their domestic and abroad travels. 
This project was announced this week through a Twitter post published by Uber Argentina, even if it has now been deleted for unknown reasons. 

Uber accepts Bitcoin to fight against Government

This decision came when Argentinian government blocked Uber credit cards, after a police raid in the houses of the individuals suspected to be connected to the Uber company. 
A Xapo spokesperson explained that the company exploits this event to propose its service to Uber, to allow its users to load debit cards with bitcoin. 
Anni Rautio, product manager at Xapo, explained:
“This is a win for all local Uber users and drivers, and for Uber as a company, as they are able to continue operations in Argentina through Xapo’s Debit Card. It’s also great news for bitcoin: it’s one step closer to seeing mainstream companies adopt bitcoin.”
This partnership started last week, and Xapo has already experienced a growth in interest for its debit card service.
Even if it is not sure that this news will allow the increase of the use of bitcoin in the country, a local magazine reports that 550,000 users downloaded the ridesharing app.

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Ethereum and Arcade City could kill Uber

A few days ago Don Tapscott suggested the idea that the blockchain could cause the death of services like Uber and Airbnb.
And it seems like this is truly happening, as a service called Arcade City has officially published a press release where they “declare war on Uber over fare cuts and plan to replace drivers with self-driving cars”.

Arcade City is an open marketplace where riders connect directly with drivers. It only works via a mobile app, available for both iOS and Android. 

How it works

Let the company speaks for itself:

It works through the Ethereum Blockchain

Most importantly, Arcade City integrates the Ethereum blockchain.
During a recent interview with CoinTelegraph, Christopher David, founder at Arcade City, commented: 

“the main deciding factor was that the vision of Ethereum aligns precisely with our own vision of peer-to-peer transportation and distributed logistics”.

Where can we move with Arcade City?

At the moment Arcade City is active in the US.
These are the states: Arizona, Arkansas, California, Colorado, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Michigan, Minnesota, New Mexico, North Carolina, New Hampshire, New Jersey, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Texas, Virginia, Washington and Washington D.C.
Drivers are also available in Australia; while Mexico, Canada and Sweden will be launched next spring.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio