This ride-hailing pioneer thinks blockchain can solve the ride-hailing safety crisis in China

The new VV Go platform aims to address the passenger safety concerns in China’s ride-hailing market, while boosting the income of drivers

Chinese tech entrepreneur Andy Chen Weixing, founder of Kuaidi Dache, is looking to disrupt the ride-hailing industry with a new blockchain-based app called VV Go. Photo: Nora Tam

Kuaidi Dache founder Andy Chen Weixing was forced out of China’s ride-hailing industry in 2015 after his company merged with competitor Didi Dache to end a ruinous price war and form a larger service provider, Didi Chuxing.

As the management at ride-hailing giant Didi struggles to contain the fallout from a second passenger killed in three months, the 35-year-old entrepreneur is back with a new blockchain-based app called VV Go that seeks to improve passenger safety and increase the income of drivers.

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