BITCOIN TALK… OmiseGo Partners With Singapore Ride Hailing App to Trial Blockchain Solutions

Ethereum-based cost platform OmiseGo and blockchain protocol Mass Automobile Ledger (MVL) have partnered to analysis blockchain know-how, in accordance with a press launch shared with Cointelegraph Nov. 14. MVL is the protocol behind common Singapore journey hailing app TADA.

MVL and OmiseGo will develop a Proof-of-Idea (PoC) to establish whether or not the decentralized OMG Community is appropriate for MVL’s information record-keeping system. Throughout the PoC, MVL will report information collected from TADA on the OmiseGo platform.

Furthermore, the 2 corporations have introduced additional technical and analysis cooperation on doable blockchain purposes in TADA’s companies.

On Nov. 7, MVL obtained a taxi supplier license from the Land Transport Authority of Singapore, permitting it to launch its new taxi reserving service, TADA Taxi. Based on Enterprise Insider, over 2,000 taxi drivers have joined the app via  partnerships with native taxi corporations.

Different taxi corporations and ride-hailing companies have explored making use of blockchain know-how to their enterprise fashions.  In Might, Chen Weixing, the founding father of Chinese language journey hailing firm Kuaidi Dache, revealed his plans to create a blockchain-powered journey hailing app, including that the service may also embrace deliveries.

The automotive business has additionally proven a marked curiosity in making use of new applied sciences like synthetic intelligence  and blockchain. IOTA and Volkswagen demonstrated a PoC that used IOTA’s Tangle system for autonomous automobiles at Cebit ‘18 Expo in Germany final June.

Daimler AG — which produces Mercedes Benz and Good automobiles — introduced its personal Blockchain-based digital foreign money MobiCoin to reward drivers for environmentally-friendly driving habits, reminiscent of driving at low speeds.

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