Introduction
The major focus of this project is it's idea on the travelling or shared transport industry. Over time we have seen that innovations and ideas grow day by day and would continue to grow continually. Crypto currencies are also being developed alongside this technology and would be a very powerful addition to the changes that would take place in technology in the nearest future. Although there are several Crypto asset that has been added to the crypto world, however, there has been none which focuses on the transport industry or an asset which focuses on the IOT which can be used for research and growth of any enterprise. This article is focused on how this project would affect the crypto economic market and how it would bring an addition to enterprise growth in the technological market as well.
The major focus of this project is it's idea on the travelling or shared transport industry. Over time we have seen that innovations and ideas grow day by day and would continue to grow continually. Crypto currencies are also being developed alongside this technology and would be a very powerful addition to the changes that would take place in technology in the nearest future. Although there are several Crypto asset that has been added to the crypto world, however, there has been none which focuses on the transport industry or an asset which focuses on the IOT which can be used for research and growth of any enterprise. This article is focused on how this project would affect the crypto economic market and how it would bring an addition to enterprise growth in the technological market as well.
Market Assessment Research
One would notice that as at January 2018, the total asset valuation of the worlds five largest shared travel service platforms which are Didi, Uber, Lyft, Grab and Go-jek reached $129 billion. According to Bloomberg News, furthermore, in 2017, the global mobile travel company financing scale reached 28 billion US dollars. In China alone, the amount of financing in the shared vehicle sector reached 76.259 billion yuan, while the value of the Moby, ofo and Harrow bicycles in the shared bicycle sector were US$2.7 billion, US$2.8 billion and US$2.316 billion, respectively.
China and the united states are regarded as birthplace of shared travel services, the market demand is very strong, the giant Uber is valued at 100 billion US dollars, Lyft is valued at 15.1 billion US dollars, and also produces electric scooters unicorns with a valuation of more than 2 billion dollars, such as Bird and Lime. . According to the distance, we divided the three areas of shortdistance travel (distance 5 miles or less), medium and long-distance travel (5 to 15 miles) and long-distance travel (15 miles or more) to analyze the overall situation of the shared travel industry. Short-distance sharing is mainly about 5 miles and less, which accounts for 60% of American travel needs, including shared bicycles, electric bikes and electric scooters.
One would notice that as at January 2018, the total asset valuation of the worlds five largest shared travel service platforms which are Didi, Uber, Lyft, Grab and Go-jek reached $129 billion. According to Bloomberg News, furthermore, in 2017, the global mobile travel company financing scale reached 28 billion US dollars. In China alone, the amount of financing in the shared vehicle sector reached 76.259 billion yuan, while the value of the Moby, ofo and Harrow bicycles in the shared bicycle sector were US$2.7 billion, US$2.8 billion and US$2.316 billion, respectively.
China and the united states are regarded as birthplace of shared travel services, the market demand is very strong, the giant Uber is valued at 100 billion US dollars, Lyft is valued at 15.1 billion US dollars, and also produces electric scooters unicorns with a valuation of more than 2 billion dollars, such as Bird and Lime. . According to the distance, we divided the three areas of shortdistance travel (distance 5 miles or less), medium and long-distance travel (5 to 15 miles) and long-distance travel (15 miles or more) to analyze the overall situation of the shared travel industry. Short-distance sharing is mainly about 5 miles and less, which accounts for 60% of American travel needs, including shared bicycles, electric bikes and electric scooters.
Problems Faced by Shared travel Enterprises
Some of the problems faced by shared travel companies would be analysed here to fully grasped what this project is relatively focusing on. According to research, the issue that shared travel comp is face are numerous it would be pertinent to seek the research aspect of this paper to fully grasp the effect this has had overtime. According to market research firm Grand View Research, the global electric scooter market was valued at $14.8 billion in 2015. It is expected that the increase in greenhouse and carbon emissions and the increase in environmental awareness will help to adopt electric scooters for the next eight years. This will not only reduce gas emissions in the society which will in turn bring healthy living but will also aid the society in maintaining long growth. Although as these companies are working hard to perfect this there is no way to fully compensate their effort in networking this is where Hawk Network comes in.
Some of the problems faced by shared travel companies would be analysed here to fully grasped what this project is relatively focusing on. According to research, the issue that shared travel comp is face are numerous it would be pertinent to seek the research aspect of this paper to fully grasp the effect this has had overtime. According to market research firm Grand View Research, the global electric scooter market was valued at $14.8 billion in 2015. It is expected that the increase in greenhouse and carbon emissions and the increase in environmental awareness will help to adopt electric scooters for the next eight years. This will not only reduce gas emissions in the society which will in turn bring healthy living but will also aid the society in maintaining long growth. Although as these companies are working hard to perfect this there is no way to fully compensate their effort in networking this is where Hawk Network comes in.
Challenges and Problems of Shared Travel Enterprises
In all economic endeavours, there is always bound to be one problem and challenges or one area that needs strengthening. The hawk project which is focused on helping the shared travel agencies bloom has through it's research found some unique problems that needs resolving. As at this moment, shared travel companies, either it is China's Didi or Uber existing in the United States, stays in an obsolete shared travel area, therefore, users do not achieve true peer-to-peer communication, it is therefore mandated that users must go through a centralized platform, A transaction can only be made after a unified assignment. This will not only bring a lot of hidden dangers to all users participating in the platform trading, but more importantly, as a platform operator sharing the travel, the cost is high and the risk is huge.
In all economic endeavours, there is always bound to be one problem and challenges or one area that needs strengthening. The hawk project which is focused on helping the shared travel agencies bloom has through it's research found some unique problems that needs resolving. As at this moment, shared travel companies, either it is China's Didi or Uber existing in the United States, stays in an obsolete shared travel area, therefore, users do not achieve true peer-to-peer communication, it is therefore mandated that users must go through a centralized platform, A transaction can only be made after a unified assignment. This will not only bring a lot of hidden dangers to all users participating in the platform trading, but more importantly, as a platform operator sharing the travel, the cost is high and the risk is huge.
Conclusion
Although this is a blossoming industry, but the tendency that it will go and assist the shared travel company is huge. Hawk network had recognised a problem with the shared travel industry which stems on the fact that, there is less leverage being placed on the partnership of the cargo to world and the shared travel agencies. This is the area in which the Hawk network has identified and wants to stand in the gap for. Although, the usage of the network is not limited to this area of endeavour alone, it can also spread to other industries that adopts same methods such as the above mentioned giants Uber and so on. To understand the in-depth technical analysis of this project it would be pertinent to study the white paper.
Although this is a blossoming industry, but the tendency that it will go and assist the shared travel company is huge. Hawk network had recognised a problem with the shared travel industry which stems on the fact that, there is less leverage being placed on the partnership of the cargo to world and the shared travel agencies. This is the area in which the Hawk network has identified and wants to stand in the gap for. Although, the usage of the network is not limited to this area of endeavour alone, it can also spread to other industries that adopts same methods such as the above mentioned giants Uber and so on. To understand the in-depth technical analysis of this project it would be pertinent to study the white paper.
USEFUL LINKS
Website: https://hawk.cool/
Whitepaper: https://hawk.cool/HAWK%20WP-EN0622.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5176525.0
Telegram:https://t.me/HawkGlobalGroup
Facebook: https://www.facebook.com/hawk.hkc/
Twitter: https://twitter.com/hawk_HKC/
Website: https://hawk.cool/
Whitepaper: https://hawk.cool/HAWK%20WP-EN0622.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5176525.0
Telegram:https://t.me/HawkGlobalGroup
Facebook: https://www.facebook.com/hawk.hkc/
Twitter: https://twitter.com/hawk_HKC/
My Username : baywalk
My Bitcointalk URL : https://bitcointalk.org/index.php?action=profile;u=2442391;sa=summary
My ETH Address : 0xC910982cec417a07Ec380A12808951b45e76DC4b
Telegram :@Baywalk321
Email : baywalk321@gmail.com
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