New e-hailing service Dacsee uses blockchain technology

By KEVIN WONG / Pic By MUHD AMIN NAHARUL

The e-hailing services industry in Malaysia has welcomed a new player, with the launch of the Decentralised Alternative Cabs Serving and Empowering Everyone (Dacsee) application/service.

Unlike its competitors like Uber and Grab, Dacsee will allow its drivers to form their own “fleets” much like the multi-tier marketing model to earn commissions.

The decentralised system will not earn money from the drivers’ commission fees, nor receive extra fees from passenger bookings.

Dacsee CEO Alexander Von Kaldenberg is confident the e-hailing service has the potential to succeed due to its unique multi-tier marketing system.

“At this point, we are focused on the supply side (recruiting drivers first) before we look at the demand side of the passengers. “In the past 10 days, we have recruited 4,800 drivers here — ahead of our official launch in April,” he told reporters after the launch in Petaling Jaya, Selangor, yesterday.

Dacsee users (drivers and passengers) will be required to sign up to make and accept payment using Dacsee tokens. “Upon purchasing the tokens, drivers will be then able to accept payments directly from passengers,” he said.

Dacsee, unl ike other ride-hailing services which charge drivers up to a 30% commission fee, will only charge 1%-2% from its driver’s e-wallet as the commission fee. “This will allow for a much higher return for the drivers, for each ride he or she makes,” Von Kaldenberg said, adding that all transactions will be transparent and audited with blockchain technology.

Dacsee is an open source platform that is being adopted by local technology partner DMD Technology Sdn Bhd, which will be spearheading the localisation, customisation and integration in Malaysia.

Von Kaldenberg said Malaysia would be one of the first markets to witness the real world implementation and impact of the blockchain technology.

Dacsee was launched recently in Thailand and the e-hailing company will be expanding to Indonesia, India and China in the coming months.

Deputy Science, Technology and Innovation Minister Datuk Dr Abu Bakar Mohamad Diah was also present to officiate the launch.