Hello. This is MVL team.
Last week, we told you that MVL was decided to participate in the government R&D related to Smart Mobility. Now, we can announce specific details.
Easi6, which is developing the blockchain mobility ecosystem MVL, participates in the Smart Mobility Project of Korean Ministry of Land, Infrastructure, and Transport. This R&D is the research and development of the One Pay All Pass technology that can use various transportation means from one place to the destination.
KT, Seoul National University, Hongik University, ITS Korea(Intelligent Transport Socity of Korea), Klim Solution, Essetel, Suprema.inc will participate this R&D
Easi6 is the only blockchain company, which means that we have been recognized as a leading company in Korea Mobility blockchain.
R&D will expected to end on December 2019, and at the end of 2019, One Pay All Pass service will be open a world in which all transportations are available by a single payment.
To explain more about this R&D, this R&D is MaaS(Mobility as a Service) project implemented in Jeju island. The feature of this R&D is to develop a settlement platform based on blockchain to ensure the process and transparency of the integrated fare adjustment among various mobility operators. In addition to attracting to users to the test, it also runs pilot project for tourism and urban areas such as Jeju island.
In this project, MVL will develop a public blockchain for data usage among mobility fee integrated payment and settlement platforms.
Once this project is successfully completed, the time to apply MVL to real life becomes faster. In addition, it is expected to be able to apply in a wide range of areas other than the Jeju MaaS project, in recognition of MVL’s blockchain development capability and operational capability.
MVL also participates in [Talk Concert: Mobility, Designing Future Vision for Youth], which will be hosted by the Ministry of Land, Infrastructure, and Transport on Friday (September 7th). MVL CEO Kay Woo participates in the talk concert to talk about the future of the mobility industry. Hyundai Motor, Kakao Mobility, and the Whiz Dome will participate this talk concert, which means that MVL becomes a company to stand side by side with Hyundai Motor. For more information, we will be notified soon.