Trust-Driven MVL - INCENTIVE-BASED BLOCKCHAIN MOBILITY ECOSYSTEM -You can trade MVL on HuobiKorea,
IDCM, Coinbene, IDEX, Cryptology, Cashierest, SeoulX.
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MVL Monthly Report(March 2019)MVL released Token Economy/Business Model Whitepaper. >>
[Click here]MVL has launched its first product, a ride-hailing service app, TADA,
in Singapore on July 26th. For more info >>
https://tada.globalGet a weekly news and stay tuned with us! :
https://t.me/mvlchain_news_en+++
What is MVL?MVL, pronounced as ?em buh l,? stands for Mass Vehicle Ledger.
It is an ecosystem that connects all services,
like the car dealer shops, mechanic shops, car rental companies and more,
that touch your car to collect its lifetime data.
Anyone who contributes to data generation and have a positive impact on the car ecosystem will be rewarded.
Private drivers can be awarded for safe driving, taxi drivers can be awarded for good service
and mechanics can be awarded by registering their maintenance records on the blockchain.
These rewards will be given in the form of MVP (em buh l points).
Vehicle owners can also use the data recorded in the blockchain to make fair deals with
used-car dealerships and earn revenue by selling vehicle data to vehicle companies,
the government, researchers, insurance companies and more.
What Problem Can MVL Solve?In particular, there are two main reasons for envisioning an ecosystem model
that provides incentives, which is quite different from other vehicle-related blockchain projects.
First, by introducing incentives to ecosystem participants, we induce autonomous blockchain
recording by individuals. We thought that there would not be many users who will put all their
driving information into the blockchain in order to save a small amount of money in used car
transaction that only happens once in a while.
Next, the ideal ecosystem model envisioned by the MVL team is a model in which participants
who contribute to ecosystem get rewards.
The current structure is unreasonable, since participants do all the REAL work, and all large
platform companies are taking advantage of all their wealth and data in forms of stocks, etc.,
and there is no benefit for those involved in the ecosystem.
The data provided by individuals is of great benefit to companies, but it is difficult for individuals
to benefit from them.
The value of the platform enterprise is increasing exponentially with the number of ecosystem participants
and is monopolizing that wealth, but the actual contributing participants are not getting the benefit.
MVL is connected to TADATADA is a ride hailing service based on MVL, a mobility ecosystem based on blockchain system.
(A ride hailing service is a service like Uber that uses online-enabled platforms to connect
between passengers and local drivers using their personal non-commercial car.)
TADA, the first commercialization service based on MVL, is launched on July 26th, 2018 in Singapore.
In Singapore, there were issues about the monopoly power of a big ride hailing service company.
The big company started to raise the commission rates for drivers and fares for riders, however there was no alternative.
TADA is similar to existing service in market, but there is one unique point.
TADA is a zero- commission ride hailing service. Drivers do not need to pay commission
to the company like they have used to.
Do you want to learn more how this is possible?
TADA is the first test bed of MVL.
In the future, TADA will be operated based on our our mobility ecosystem with a blockchain system.
Our ultimate goal is establishing blockchain ecosystem, not creating profits from TADA.
This is why zero-commissions is possible.
[MVL - INCENTIVE-BASED BLOCKCHAIN MOBILITY ECOSYSTEM][CoinMarketCap][Website][Blog][Whitepapers]
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✅[1st April Weekly News] ✅
MVL[em-buh-l]'s updates until March 31. Check what we have been up to.
✅ MVL was Selected as a Blockchain Development Program Supported
by the Singapore Government, BMW, and Intel
✅ Application of TADA Fare Adjusting System - Singapore
✅ TADA Bike to Open - Vietnam
✅ MVLER's Comments - TADA rider
For more information, please visit MVL's official blog.
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MVL's Weekly News
