In an announcement on LinkedIn, both UAE Ghaf Labs, a blockchain consultancy and incubator firm focused on cultivating and fostering dynamic startups in the blockchain domain, and DRIFE Blockchain Taxi 3.0 platform has partnered to grow the ride haling landscape in the MENA region.

Ghaf Labs sister company is Ghaf Capital a private investment company also based in the UAE.

Firdosh Sheikh, Founder of DRIFE states, “We are excited to announce our partnership with Ghaf Labs. With such a strong advisory team on board from GHAF, we’re ready to navigate the ride-hailing landscape in MENA. Stay tuned for the journey ahead with DRIFE!

Ghaf Labs also stated that they are proud to highlight DRIFE one of their advisory projects. According to Ghaf Labs, DRIFE is set to revolutionize Dubai’s taxi service. Ghaf Labs notes, “Utilizing blockchain technology and an auction-based pricing model, DRIFE ensures fare transparency and a zero-commission policy, offering riders competitive fare options directly from drivers.”

With a new trade license secured through collaboration with AASA Passenger Mobility Services, DRIFE is launching with 1,000 cabs, introducing a new era of decentralized ride-hailing, dubbed Taxi 3.0.

Ghaf Labs is supporting DRIFE’s mission to transform urban mobility in Dubai.