Zuum

Zuum is a decentralized ride sharing platform

Whitepaper

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What is Zuum

Executive Summary

ZUUM is the World’s first decentralized on-demand services platform that allows consumers and service providers to interact directly without intermediary and ensures fair price per service deal based on a smart contract.

ZUUM is a one-stop platform for a variety of on-demand services including ridesharing, taxi, roadside assistance, auto services, cleaning, household, etc. ZUUM mobile app lets consumers needing on-demand services, to summon self-employed individuals to their location.

Self-employed individuals don’t get paid their desired rate and are not paid instantly with other leading platforms (Uber, Handy, etc.). Paying high commissions to currently available on-demand platforms reduces their income. Most self-employed individuals don’t work at optimal capacity. For consumers, finding a qualified service provider on-demand and to summon to their location is a time-consuming process. Consumers don’t have the convenience of a unified mobile app for requesting variety of on-demand services. Consumers without credit cards are not able to participate in the on-demand economy and get the cost benefits.

ZUUM connects consumers with self-employed individuals in real-time. Providers (self-employed individuals) set their own billing rate and get paid by customers directly or via the ZUUM platform instantly once the service is completed. ZUUM platform does not charge commission per transaction, thus providing significantly more income to self-employed individuals.

ZUUM also empowers self-employed individuals using artificial intelligence (AI) value-added features to help them work at optimal daily/weekly capacity and increase their income. Apart from convenience at users’ fingertips, ZUUM provides self-employed individuals profile with pictures, documentation, and ratings so consumers can make informed decisions. The ZUUM platform lets consumers without credit cards transact and participate in the on-demand economy.

The competitive advantages for ZUUM platform include:

The platform doesn’t charge subscription fees to basic service providers. The platform generates revenues based on a small monthly subscription fee from premium service providers. We predict on-boarding 1 million users and targets to achieving 100,000 transactions per week within 2 years of the initial product launch. The user growth is expected to be 50% yearly for five years.

About us

ZUUM, Inc develops software products which empowers self-employed individuals using innovative value-added features to increase their income.

Mission Statement: To make self-employed individuals more productive and competitive. To seamlessly connect consumers with service providers and create superior value by providing personalized experience in getting services completed cost-effectively.

ZUUM primarily develops SaaS (Software as a Service) products for the on-demand service industry. The software products streamline the process of connecting consumers with providers, and support completion of on-demand service transactions cost-effectively.

The company strengths include: 1) Software Product with flexible architecture 2) Lean Organization operations that allow no commission 3) Easy-to-use and elegant UI 4) Business model that can easily scale

The near-term objectives of the company are:

1. Launch ZUUM product in major cities across the world within 1-2 years

2. On-board 1 million users within one year of initial product launch

3. Achieve annual user growth of 50% for the next five years

4. Achieve 250,0000 transactions per week within three years

5. Implement Blockchain and Artificial algorithms to enable transparency and seamless business transactions

Product

ZUUM is a location-aware platform that lets users needing on-demand services (ridesharing, roadside assistance, auto services, cleaning, household, medical, etc.) to summon self-employed individuals to their location. Through ZUUM Pro mobile app, self-employed individuals receive service requests and connect with customers real-time.

The scope of the platform are the on-demand services that can be completed within 4 hours such as Ridesharing, Taxi, Road-side assistance, Auto Services, Cleaning, Medical, etc.