Decentralized Engineering

Decentralized Engineering

The parent company and the software development organization that built the Teleport ride-hailing application and decentralized protocol.

HQ location
Miami, United States
Website
Launch date
Enterprise value
$36—54m
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Decentralized Engineering Corporation (DEC) is a pioneering software development organization focused on revolutionizing the ride-hailing industry through blockchain technology. The company has developed Teleport, a decentralized ride-hailing application, and The Rideshare Protocol (TRIP), which together aim to provide secure, transparent, and efficient transportation solutions. DEC serves a diverse range of clients, including individual riders, drivers, and potentially other businesses looking for decentralized transportation solutions. Operating in the global ride-hailing market, DEC's business model is built on leveraging blockchain to eliminate intermediaries, thereby reducing costs and increasing transparency. The company generates revenue through transaction fees and potentially through partnerships and licensing of its protocol.

Keywords: blockchain, ride-hailing, decentralized, Teleport, TRIP, transportation, secure, transparent, efficient, software development.

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