Ontology Partners with Decentralized Mobility Platform bloXmove

bloXmove will integrate Ontology’s decentralized identity protocol to help make the urban transport app industry easier to use, more private, and more secure.

Ontology, the project bringing trust, privacy, and security to Web3 through decentralized identity and data solutions, has announced a partnership with bloXmove, a business-to-business mobility blockchain platform designed to simplify travel across multiple forms of transportation by connecting mobility apps and reducing the need for users to switch between them.

 “The fragmentation of the urban transport industry means there is a great need to fortify user security and data through decentralized technologies. bloXmove is doing amazing work to streamline the user journey and now, by integrating Ontology’s DID and data solutions, the whole ecosystem will be made easier to navigate, more private, and more secure. Following on from our previous partnership with bloXmove incubator and Mercedes parent Daimler Mobility to develop Welcome Home, we are proud to be continuing to bring tangible use cases for blockchain and decentralized identity to the transport industry. We look forward to supporting bloXmove in creating the biggest global mobility alliance connecting bikes, scooters, car-sharing, trains and more.”— Li Jun, Founder of Ontology

This partnership will see bloXmove integrate Ontology’s decentralized digital identity protocol (DID) into its platform, providing users with a decentralized identifier that will allow them to share their verifiable credentials, such as driving licenses, in a way that is totally private, secure and encrypted. It will also allow them to store a host of identifiers securely in one place, enabling reuse of the same identifier for multiple modes of transport, whilst remaining assured that their private information is safe.

 “We are honored to partner with Ontology to combine bloXmove Mobility Blockchain Platform with their state-of-the-art DID Technology. Decentralized Identifiers (DID) are the crucial addition to Blockchain to create real-world business applications. This collaboration will bring us to the next level of mobility service roaming and decentralization. Easy access to mobility should not mean a compromise on privacy and data security for our users, which is why we have partnered with Ontology to strengthen our offering and provide our users with new, even more secure ways to share their information when using mobility apps.” — Dr. Harry Behrens, CTO and Co-Founder of bloXmove

With bloXmove, settlements can be automated and secured via BLXM, the bloXmove token. Ontology will support token generation for bloXmove, whose access token smart contracts will be deployed on the Ontology chain. In addition, by leveraging Ontology’s blockchain technology, bloXmove will also achieve interoperability with other public blockchains while improving efficiency and lowering costs.

ABOUT Ontology Network
Ontology is a high performance, open-source blockchain specializing in digital identity and data.

ABOUT bloXmove
bloXmove is a newly founded venture with headquarters in Ireland and Germany. Its product, the bloXmove Mobility Blockchain Platform, was incubated by Daimler Mobility (the parent company of Mercedes) and this is also the background of its founders and board. bloXmove will provide an open mobility protocol based on the BLXM token. By earning or holding this token, companies can connect their vehicles to bloXmove to offer decentralized mobility services. Users can consume these services with BLXM.

RESOURCES
Medium

Introducing xTAROT

With xTAROT, stakeholders will govern and shape the future of Tarot. This includes the ongoing maintenance of key parameters, fees, and rates in the Tarot Protocol, as well as determining…

Market Stats:
BTC Dominance: 41.6%(-0.41%/24h)
ETH Dominance: 19.68%(+0.04%/24h)
Defi Market Cap: $141.41B(-21.02%/24h)
Total Market Cap: $2488.49B(+2.45%/24h)
Total Trading Volume 24h: $122.91B(-27.46%/24h)
ETH Market Cap: $491.42B
Defi to ETH Ratio: 28.78%
Defi Dominance: 5.39%
Altcoin Market Cap: $1453.33B
Altcoin Volume 24h: $89.9B
Total Cryptocurrencies: 14870
Active Cryptocurrencies: 7773
Active Market Pairs: 50125
Active Exchanges: 436
Total Exchanges: 1545
Share via
Copy link