[Malay Mail]New Dacsee platform seeks to disrupt ride-sharing services

CEO of Dacsee Alaxander von Karldenberg shakes hands with Datuk Wira Abu Bakar Mohammad Diah during the launch of the first decentralised ride-sharing service in Malaysia held at One World Hotel, Kuala Lumpur January 16, 2018. ― Picture by Miera Zulyana

PETALING JAYA, Jan 16 — A new entrant to the local ride-sharing scene is looking to shake up the segment by allowing drivers to form their own fleets and break free of their current reliance on the firms running the services.

As its Decentralised Alternative Cabs Serving & Empowering Everyone (Dacsee) name suggests, the service claims to offer drivers not only greater independence in managing their own fleets and client list, it also touts higher earnings and better compliance to tax regulations.

Dacsee chief executive officer Alexander von Kaldenberg said drivers are able to draw from three commission levels, and would earn bonuses from referrals and good ratings.

“Dacsee has recruited 4,800 drivers in 10 days, ahead of our official launch in April. We’re focusing on the drivers side first, followed by the passengers side,” he said at the announcement of ride-sharing service this morning.

Unlike existing players Uber and Grab, Dacsee claims to be decentralised and says it does not take a cut of the fees either from drivers or customers.

However, users will need to sign up to make and accept payments using Dacsee tokens.

Once this is set up, drivers will be able to accept payments directly from passengers.

According to Dacsee, this will result in higher earnings for participating drivers as the service does not collect commissions that it said could be as high as 30 per cent of the fares in some competing networks.

In Malaysia, Dacsee's open source platform is being adopted by technology partner DMD Technology Sdn Bhd, which is spearheading the localisation, customisation, and integration here.

“With this, Malaysia will be one of the first markets to witness the real world implementation and impact of blockchain technology, which means all transactions will be transparent and audited through blockchain technology,” said von Kaldenberg.

After Malaysia, Dacsee, which was recently launched in Thailand, plans to expand into Indonesia, India and China this year before reaching outside of Asia.