Technology has increasingly influenced our daily lives and significantly upgraded our lifestyle. The evolution of Blockchain technology has created a ripple effect on all the industries and many of them are adapting to these changes by incorporating this ingenious concept in their business processes. As an evolutionary measure, we ourselves are in the process of initiating an allexclusive blockchain based ridesharing services which will function through our own crypto coin. The form of solution we envisioned is Bitdrive, a blockchain based ridesharing service which is designed to make the likes of Uber and Lyft obsolete. In this hitepaper we will discuss about the present day market trends, the problems that plague the current industry and how our unique platform will help in negating these issues in the future and the principle technology behind it.