WCT's Deposit Management and Dispatch Optimization in the Shared Bicycle Industry
The shared bicycle industry has long been plagued by issues such as deposit misappropriation and unreasonable vehicle dispatching. WCT replaces traditional deposits, allowing users to pledge a small amount of WCT to unlock vehicles, with riding fees deducted in real time from WCT. After returning the bike, the deposit is instantly unfrozen. At the same time, the platform uses on-chain data to generate vehicle distribution heat maps, optimizing dispatch efficiency. After a certain shared bicycle company implemented WCT, deposit complaints dropped to zero, vehicle turnover increased by 40%, and operating costs decreased by 25%, making urban travel smoother.