conner

[Teleport @teleportxyz]

Adapter Companies: The Key to Connecting Web3 and Legacy Systems

At https://t.co/6RnOu3UHNW, we're creating an open ridesharing network called the TRIP Network. Our vision is to have an open network similar to the open nature of the web and email. Just as you can use different web browsers like Chrome or Safari to access your email and website hosted on different providers like Squarespace, Wix, GMail, and Outlook, our ridesharing network will allow anyone to build on top of it without a single company controlling every aspect of it.

We believe that in the future, there will be many service providers offering ridesharing, food delivery, and other services, without any single company taking up to 50% from every transaction. With digital money, this vision is now possible, but connecting the digital world of smart contracts and DAOs to the realms of law, regulation, identity, and finance required the invention of bridges.

Adapter companies serve as these bridges and are the key to achieving seamless integration of Decentralized Physical Infrastructure Networks with traditional systems. Such adapter companies enable web3-based protocols to operate within established frameworks (such as ridesharing and financial regulation) while retaining their decentralized nature, facilitating seamless collaboration between the old and new economies.

One of the first examples of an adapter company were Bitcoin miners. Despite participating in a decentralized network, they function as traditional businesses, such as LLCs or sole proprietorships, allowing them to rent offices and pay for electricity using a bank account.

In the case of the TRIP Rideshare Protocol we needed to define two primary types of Adapter Companies:
1. Operating Companies that run software to connect drivers and riders, plan routes, set prices, provide customer support, interact with local ridesharing regulation and insurance, and perform background checks on drivers.
2. Client Companies that publish ridesharing software to the Apple and Google App Stores, process credit card transactions, and enable drivers and riders to connect to the Operating Companies to find each other.

In conclusion: To create an open network for ridesharing in which many Operating Companies and many Client Companies can interact, bridges between the world of digital money and smart contracts to the worlds of finance, regulation, insurance, and off-chain computation are required. We call these bridges Adapter Companies and we encourage others who are developing open networks and decentralized protocols that touch the physical world to reuse this as a design pattern.

[conner @Connerhourihan]

@MountainDew 211 dews! #MTNDEWMAJORMELON #MyPromotionEntry

[conner @Connerhourihan]

@MountainDew 55 dews. #MTNDEWMAJORMELON #MyPromotionEntry

[conner @Connerhourihan]

I counted 239 #MTNDEWMAJORMELON bottles in the @MountainDew ad. And for a million dollars, you should, too. How’d I do, Dew? #MyPromotionEntry Rules: https://t.co/rTRX5zIg9U

[conner @Connerhourihan]

@GQMagazine For some good covers to help those stained clay pots, also helps prevents scratching your furniture - https://t.co/PT81HRl4Cg

[conner @Connerhourihan]

@Entrepreneur Started Making decorative clay pot covers since I couldn’t find any good ones in the market....turned into a business. IG: plant_ware, https://t.co/PT81HRl4Cg!

[Cloudbeds @Cloudbeds]

We’re calling our community to come together to address the growing shortage of healthcare beds. Our industry is hurting but we can come together to make a difference. We’re stronger together when #hospitalityhelps #COVID19 https://t.co/7BDS49qLX0

[conner @Connerhourihan]

@elonmusk, @atlantiscasino would be more than happy to pick you up so you don't have to drive. THX for all that you have done for our city! https://t.co/N2PNMBgwjq

[Elon Musk @elonmusk]

Btw, just want to express a word of appreciation for the hard work of the Tesla Gigafactory team. Reason I camped on the roof was because it was less time than driving to a hotel room in Reno. Production hell, ~8th circle …

[Reno Tahoe @renotahoe]

The largest annual industry bike show in the country is coming to #RenoTahoe. Can't wait to see @Interbike in 2018! https://t.co/V5rRLGZEsn

[conner @Connerhourihan]

@MrAdamAp I know you stick to 1st tier cities but @atlantiscasino would love the chance to host one of your tournaments!

[Reno Tahoe @renotahoe]

USA TODAY @10Best named their 10 favorite attractions and activities to do while in #RenoTahoe. What are yours? https://t.co/AGj4CPNDqh

[This Is Reno @ThisIsReno]

Atlantis named #1 Reno Hotel in U.S. News & World Report’s Best Hotels of 2017 Rankings - This is Reno https://t.co/kxWStOxcEn

[conner @Connerhourihan]

@atlantiscasino releasing them first for 11 straight years! https://t.co/KRCMJKDHr9

[Buster Olney @Buster_ESPN]

The first Nevada sports book team over/unders for MLB in 2017. https://t.co/yAWikXftg7 My 5 picks from that group: https://t.co/dwhb4wb0PS

[conner @Connerhourihan]

Couldn't ask for a better boss! https://t.co/EKoLFPMK3o

[SOS Washoe @SOSWashoe]

There are only two weeks left until early voting. Get out and vote #YESonWC1 at the #BottomOfTheBallot October 22 - November 4!

[conner @Connerhourihan]

Come check out the National Firefighter Challenge at @atlantiscasino this Friday and Saturday and support our first responders! @renotahoe

[Reno Tahoe @renotahoe]

It's tee time! #RenoTahoe named in @GolfAdvisor Top 10 Value Golf Destinations. ️⛳️ https://t.co/3Y7MQZsus2

[conner @Connerhourihan]

Reno, NV......one of the best value for your $$$ https://t.co/witQN3Y1cr

[Forbes @Forbes]

Most affordable cities for family travel:

1. Orlando, FL
2. Reno, NV
3. Las Vegas, NV

https://t.co/vShrZuWcE9

[News 4 Reno @News4Reno]

.@artown inaugural event: Reno Chalk Art Festival comes to life at @atlantiscasino - https://t.co/E0ntg8sDzS

[Nevada Tourism PR @NevadaPR]

Woohoo! @RenoAirport announces new seasonal air service from #Reno to #Dallas beginning Jan 7! #TravelNevada https://t.co/EJveo6LXEi