Latest posts of: Abe Token

Transportation and mobility is a crucial sector in today's developing world
due to the effects it places on the environment, its economic and social impacts, and its linkages with other sectors.
This sector has been growing continuously in recent years and will continue to do so.
However, affordable and safe means of transport have to be made available at lower social, environmental and economic cost.

Our clear goal is to optimize the use of materials, energy and information in an intelligent and efficient way
so as to minimize the environmental impacts of intra-urban and inter-urban transport
while satisfying the local and global mobility needs of goods and people.
Data generation, processing, and analysis are the keys.
Data needs to be gathered first but it entails a considerable amount of time and resources.

Introducing the ABE Token Project.

ABE is shaping the crypto-model for the mobility ecosystem.
A transport-focused reward platform to power new business models in the transportation sector.

Based on Ethereum, the ABE Token will be used for transactions within the ecosystem.

The ABE Platform handles creation and management of reward and redemption system between individuals and partners,
creating an ecosystem where tokens are earned and used against mobility related products or services.

The ABE Platform also empowers "data owners" (individuals, organizations and even IoT devices – any source of data)
to control the privacy of the data they share, whilst receiving value from future profits of its use in return – in the form of ABE Tokens.

Practical application of ABE platform in real life includes a smartphone app to track movements such as walking, running, cycling and driving.
Imagine being able to sell this data in return for ABE Tokens that can be used to buy fuel, train journeys or bus rides.
Discounted travel costs in return for your data, simply by using an ABE-enabled app to buy your tickets.

The ABE Platform offerings are almost similar to that of collecting reward points for your supermarket shopping,
but on a much larger scale, with flexible controls and a renumeration with far greater utility.

The first example of the open data economy (where data owners are rewarded for their data) is the ABE marketplace,
allowing data providers to easily and honestly deliver data to a market of data consumers
interested in creating the next generation of transport and mobility focused products and services.

The ABE Platform will utilize well-established cryptography standards (such as the SHA-256 Cryptographic Hash Algorithm)
so that data can be collected and stored with security.

ABE will also offer an authentication API and Smart Contracts management platform
so that data owners can easily move into or out of agreements with data providers
– from any app on a smartphone, website, or IoT device.
This set-up will give data owners the power of control over their own data.

ABE is designed to aid the transport and mobility sector towards achieving greater heights.
Give the power of control to the people on the data they own and let them earn from their data
when they choose to sell it to buyers whom in return will use it to produce better products and services
to supplement the growth of the transportation and mobility sector.

A pool of data and information for those who need it.
A cycle that will bring about the change and improvements in the digital economy where all will benefit from.

ABE - creating DIGITAL ECONOMY for the NEXT GENERATION!!!