Highlights
- bloXmove announced its partnership with ONTology network
- The partnership aims to create cross-chain ticketing as well as access control for DeMo (Decentralized Mobility) solutions
bloXmove announced on their Twitter handle and blog that they have entered into a partnership with the ONTology network.
About bloXmove
bloXmove provides Decentralized Mobility (#DeMo) solutions to connect the power sector with mobility through decentralized technologies. It aims to achieve mobility as a service (MaaS) by operating its mobility blockchain platform at the junction of electric mobility and the power grid. This enables decentralized carbon-neutral, efficient and less congested urban mobility. bloXmove aims to achieve a mobility revolution to transform urban mobility to be green-certified and leaner.
How Can bloXmove Transform Mobility And Energy?
Travel today involves booking a series of tickets that finally take us to our destination. In the course of travel, a person may need to change flights, switch to a cab, bus or train. At each juncture, there is a separate booking, ticket and payment. Every step also involves the process of identification and verification at different levels. bloXmove aims to change this into a more convenient one time booking for a traveler.
Mobility services would be offered by verified providers to verified users. bloXmove would secure the settlements for services through the bloXmove token (BLXM). The technology enables collaborations between service providers as well as decentralization of the services. This would give the end-user the ability to seamlessly book travel on different modes and platforms with a single ticket or booking. Enabling collaboration between mobility and energy makes this end to end travel solution green as well as convenient.
Renewable energy grids face demand fluctuations seasonally and at different times of the day. bloXmove envisions that vehicles can also be used as energy storage to balance the grid when there is a need. Increased collaboration between energy providers would mean that charging stations could access their power from different providers. When the entire DeMo collaboration is powered by certified green energy providers, users are assured that they are able to travel in a truly carbon-neutral manner.
ONTology And bloXmove Together
Enabling a verified end-user to use a verified mobility solution that is powered by a certified green energy provider requires identification and verification of all the parties. ONTology’s decentralized identity (DID) and data management are vital to integrating all the aspects of decentralized mobility. ONTology specializes in helping companies transition to a decentralized way of working without disrupting their existing ways of working. It has the solutions required to support data exchange, interoperability, DID and credential management while also maintaining security and privacy in bloXmove’s DeMo solutions.
Li Jun, the co-founder of ONTology says:
“We are excited to be continuing our work in the mobility sector to help transform how people travel. Together with bloXmove, Ontology is helping to foster the adoption of decentralised, blockchain-based solutions that prioritise security and privacy of user data”
bloXmove CTO Dr. Harry Behrens says:
“We are honoured to collaborate with Ontology to combine our Mobility Blockchain Platform with their state-of-the-art DID technology. This interaction will bring us to the next level of mobility service roaming and decentralisation. We are looking forward to the outcome of this collaboration which should be ready in a few months”
