We’ve located our new blog to http://blog.coride.co/.
See you soon!
Author: coride
Making secure payments via Stripe
When it comes to online credit card transactions, PayPal comes to mind, right?
Though PayPal may be the most well-known payment gateway, Coride prefers to place its trust in Stripe, Inc. If you haven’t already used it, you likely will. According to the Wall Street Journal, Stripe is now valued at 1.75 billion just four years after its creation, and it’s not about to stop growing.
Cristina Cordova, business developer at Stripe, writes a thorough analysis of Stripe versus PayPal (and other payment gateways) on this Quora thread.
Coride chooses Stripe for ease of transaction from both the user and developer perspectives. Basically, it charges lower fees and doesn’t retain the right to hold onto your money indefinitely.
Read more about Stripe’s rapid expansion on TechCrunch.
The Sharing Economy (Part 2)
(Let’s hope that you read Part 1!)
To continue along the lines of Rachel Botsman’s TedTalk….
We are ushering in a new era of trust among strangers in the digital age. As you can imagine, reputation is key. It facilitates the collaborative economy. So, how can we capitalize on reputation?
Everyone leaves their trace on the internet, whether through their social media or other online marketplace interactions (Ebay, Airbnb, etc…). At Coride, we leverage this digital equity so that users may get to know each other before choosing to coride.
Ridesharing. It’s more than just a monetary transaction and exchange of services- it’s a social interaction.
When users sign up on Coride.co, they have the option of linking their profile with their Facebook account. They may also write reviews of other coriders to further build reputation. By creating a more holistic user profile, riders and drivers are more likely to gain each other’s trust. In the end, this will broaden the greater Coride community!
The Sharing Economy (Part 1)
Here at Coride, we are founded on the principles of this thing called the sharing economy.
Global thinker and social innovator Rachel Botsman similarly articulates this new era as the “collaborative economy”. In her TED Talk (view below), Botsman claims that because consumers are utilizing network technologies as never before, goods and services are being shared and exchanged on an unprecedented scale. Thus, social-networking has gravitated towards service-networking.
This is not only an economic system, but a social one as well. Botsman cites several successful startups who exemplify this concept, the “people-powered marketplace”. Check out TaskRabbit, Airbnb, and Lyft.
So, how exactly does the sharing economy and its collaborative consumption apply to Coride?
We streamline the process of ridesharing in the 21st century, using web and mobile app platforms. We get people where they need to go. Reiterating the people-powered marketplace, we let drivers set their own prices, while passengers end up paying less than they would for other modes of transportation.
Everyone benefits, especially the environment.
What Airbnb is to empty rooms in your house, Coride is to empty seats in your car.
Poll: Why do you share rides?
Osoride app featured in The Badger Herald
The Badger Herald, a University of Wisconsin Madison student newspaper, recently profiled Osoride creator Fei Ma and entrepreneur Adam Braus, who are developing a mobile app and website for ridesharing.
Osoride has since evolved into the company, Coride.
Fei envisions Coride as a 21st century solution for getting people where they want to go. A “win win” situation, she describes, in which carbon emissions are reduced via carpooling, while drivers and riders lower their travel expenses. Drivers can charge for a trip, reducing their own gas costs, while riders spend less than they would have via public transportation.
Calling upon her own travel experiences in Germany and Mexico, Fei describes the positive social and cultural exchange of carpooling, and why she wants to promote the ridesharing experience in the US.
Read more about the present and future of ridesharing here.
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