• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Barriers to E-Hailing Union Ownership of App Companies

user avatar

by Giorgi Kostiuk

2 years ago


Legal Constraints The Nigerian e-hailing union, AUATON, is statutorily prohibited from owning e-hailing app companies, as confirmed by Comrade Ibrahim Ayoade. The union's regulatory role precludes direct ownership of app companies under legal frameworks.

Driver Advocacy E-hailing drivers have expressed a desire to have ownership stakes in the apps they operate, leading to discussions within the union about potentially launching an app of their own.

Constitutional Prohibitions The union's constitution explicitly bars its leadership from owning app companies, aligning with the regulatory stance that unions are not intended to function as industry participants.

Industry Dynamics Joseph Olawale highlighted the dominance of cab-hailing companies in structuring industry terms, prompting considerations within the union to establish a counter-app.

Global Comparisons Examples from countries like the US, where driver-owned apps have emerged, showcase alternative models that prioritize driver benefits and earnings distribution.

Empowering Drivers While union ownership of e-hailing apps is restricted, individual drivers can leverage cooperative models to enhance control over earnings and operational practices.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Coinbase Launches Direct INR Transactions in India

chest

Coinbase has launched direct deposit and withdrawal options for the Indian Rupee, enhancing its services in India.

user avatarEmily Carter

Analyst Predicts Major Breakout for XLM Amid Bullish Sentiment

chest

Crypto analyst MikybullCrypto predicts a major breakout for XLM, projecting a bull market target range between $5 and $11, citing historical patterns and current market conditions.

user avatarTomas Novak

DTCC Integrates with Stellar Blockchain for Tokenization

chest

DTCC announced plans to connect its tokenization platform to the Stellar blockchain, marking a significant move in traditional finance.

user avatarKaterina Papadopoulou

Justin Bons Critiques Ethereum's Governance and Future

chest

Justin Bons critiques Ethereum's governance and future, highlighting centralized control and dysfunction.

user avatarMaya Lundqvist

CLARITY Act Bill Progress and Its Impact on Cryptocurrency Market

chest

The CLARITY Act is entering a crucial stage in the Senate, with potential implications for major cryptocurrencies.

user avatarLeo van der Veen

WLD Token Approaches Key Resistance Level in Trading

chest

The WLD token is currently trading near a critical resistance point at 0.40, which traders are watching closely.

user avatarLi Weicheng

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.