BLOG #3: BUSINESS MODEL PRESENTATION; CMUGO QR CODE SYSTEM
In today's fast-paced world, effective and convenient transportation is essential for organizations and individuals, especially students. Traditional transportation systems frequently encounter issues such as long wait times, congestion, and expensive expenses. However, as technology advanced, a new alternative emerged: the QR code transit system. This innovative technology promises to alter the way we travel and commute, providing consumers with a smooth and hassle-free experience. Business Model The QR code transportation system is based on a basic but effective business strategy. Users can quickly access the system by scanning a QR code with their cellphones, which immediately connects them to the transportation service. This eliminates the need for physical tickets or cards, making the procedure more efficient and convenient for users. The system can be used in a variety of types of transportation, such as buses, trains, subways, and ride-sharing services. By collaborating wi...