MVL, Broadcasted on CNBC

MVL, Broadcasted on CNBC

Hello, this is MVL team.

MVL has launched the ride-hailing service, TADA, in Singapore.
TADA has grown dramatically in Singapore.

MVL’s CEO Kay was interviewed by CNBC News in Singapore. CNBC is an economic and financial Media.

During an interview with CNBC, Kay introduced the MVL and MVL’s zero commission(free fee) Ride Hailing Service ‘TADA’ in Singapore.

“Lower the commission is not the way to solve the problem. So we wanted to implement the blockchain protocol on TADA that can help us realize the revolutionization of the business models by providing zero commission to the drivers.

Our matching ratio was 10% at the beginning, but right now it is more than 50 percent. Drivers enjoy providing services to riders. Drivers are very happy because they can take all the income through our application. Riders are also happy because happy drivers offer good services.

TADA is built on top of the token economy. Whenever you use the service and participate in the services, you will receive point incentives. The Incentives can be exchanged to the tokens that can be used for the services or rides.”

MVL’s exclusive interview with a major Singaporean broadcaster means that TADA service is growing and maintaining No.2 position in the industry in Singapore.

Ride the New Wave, TADA

Trust-Driven MVL


Kay(우경식) 대표, 싱가포르 CNBC 방송과 단독 인터뷰

Kay(우경식) 대표, 싱가포르 CNBC 방송과 단독 인터뷰

안녕하세요 MVL팀입니다.

엠블이 싱가포르에서 라이드헤일링 서비스 TADA를 출시했다는 건 많이들 알고 계실 겁니다.
싱가포르에서도 TADA의 위상이 높아지고 있는 것 같습니다.


엠블의 Kay(케이)대표가 싱가포르 CNBC 뉴스에서 인터뷰를 진행했습니다. CNBC는 미국의 경제 및 금융 전문 TV 채널로, 주요 국가에서 방송이 되고 있습니다.

Kay 대표는 인터뷰에서 MVL과 우리의 싱가포르 ‘제로커미션(수수료 무료) 라이드 헤일링 서비스 ‘TADA’에 대해 소개했습니다.

“라이드헤일링 서비스의 수수료를 줄이는 것은 전통적인 서비스와 다르지 않으며 현재 모빌리티 생태계의 문제를 해결할 수 없다. TADA 서비스에 블록체인을 적용해 비즈니스 모델을 혁신하고자 했다.”

싱가포르에서 초기에 서비스가 출시되었을 때는 매칭 퍼센트가 10퍼센트 정도였지만 현재는 50퍼센트가 넘었다. 기사들은 TADA 어플리케이션을 사용하면서 모든 수입을 가져갈 수 있기 때문에 긍정적인 반응을 보여주고 있다. 승객들도 긍정적인 입장을 보여주는데, 이는 행복한 기사가 행복한 주행을 만들 수 있기 때문이다.

우리가 TADA를 출시했고, TADA가 토큰 이코노미 안에서 구현되므로 드라이버와 승객의 시선을 끌 수 있다. 드라이버와 승객들은 토큰 이코노미에 참여하면서 토큰을 인센티브로 받을 수 있기 때문이다.”

MVL이 싱가포르 대형 방송사에서 단독으로 인터뷰를 진행했다는 것은 싱가포르 내에서 TADA 서비스가 차지하고 있는 비중이 커졌다는 것을 의미하며 업계 내 2위의 위치를 지키고 있다는 것을 의미합니다.

Ride the New Wave, TADA

Trust-Driven MVL


MVL’s project was mentioned at TechCrunch

MVL’s project was mentioned at the American media TechCrunch, which covers start-ups and IT news.

The article states that Singapore is the sandbox of the cryptocurrency market that Asia needs, and it is the first step for foreign cryptocurrency companies.

MVL was mentioned as one of the representative companies. TADA, launched in Singapore, is based on MVL’s blockchain ecosystem, and the MVL ecosystem is designed to serve the service industry and customers close to the automotive industries.

Also, VVgo, which is a blockchain-based China’s Ride-Hailing program, is preparing to launch their service in Singapore and other places.

Applying blockchain to mobility services is a global trend, and MVL is leading the trend.

The article also states that exchanges such as Binance and Upbit are preparing to enter the Singapore market.

You can see the original article via the link below.

MVL, 스타트업 뉴스 플랫폼 ‘테크크런치(TechCrunch)’에 소개

MVL, 스타트업 뉴스 플랫폼
‘테크크런치(TechCrunch)’에 소개

스타트업과 IT 산업을 주로 다루는 미국 미디어 테크크런치(TechCrunch)에서 MVL의 프로젝트를 다루었습니다.

해당 기사는 블록체인 및 암호화폐 허브로 싱가포르가 부상하고 있다는 내용이며 많은 기업들이 싱가포르를 첫 단계로 여기고 있다고 설명했습니다.

이 중 대표적인 기업 중 하나로 MVL이 언급됐습니다. 싱가포르에서 출시된 TADA는 MVL의 블록체인 생태계를 기반으로 만들어졌으며, MVL 생태계는 자동차 산업과 자동차 산업에 인접한 서비스 산업 및 고객에게 서비스를 제공하도록 설계되었다고 소개했습니다.

또한 블록체인 기반의 중국 라이드 헤일링 프로그램인 VVgo도 싱가포르 등에서도 준비하고 있다고 언급했습니다.

블록체인을 모빌리티 서비스에 적용하는 것이 세계적인 추세로 이어지고 있으며, MVL은 한발 앞서서 나아가고 있습니다.

이외에도 기사에는 바이낸스와 업비트 등 거래소도 싱가포르 시장으로 진입할 준비를 학고 있다고 소개했습니다.

링크를 통해 기사 원문을 확인할 수 있습니다.



CEO of MVL, Kay Woo Participates in Smart Mobility Talk Concert

CEO Kay Woo participates in Smart Mobility Talk Concert hosted by Korean Ministry of Land, Infrastructure and Transport.

Last Friday, CEO of easi6 and  MVL, Kay Woo presented at the [Talk Concert: Mobility, Designing a Future Vision for Young people] which was hosted by the Korean Ministry of Land, Infrastructure, and Transport from 2 to 5 p.m. Companies such as Hyundai Motor, Kakao Mobility and Whiz Dome also participated in this Talk Concert. Therefore, MVL was able to share our thoughts on the future of the mobility ecosystem alongside these reputable companies.

CEO Kay Woo introduced MVL and TADA, our Zero Commission Ride-Hailing Service in Singapore to the audience.

“We were able to achieve amazing results of getting over 13,000 drivers and 60,000 riders on board our TADA service. We have been operating the TADA service in Singapore for about a month now, and the number of riders and drivers have shown a steady increase. We were amazed how we were able to achieve these numbers when only about 5 million won were used in promoting the service.
This shows that the message about the zero commission service we are focusing on has been well delivered to our drivers and riders. It is also incredible how our drivers are helping us promote our TADA service to other drivers and riders. MVL is planning to launch the TADA service in Vietnam in the future, and many people are already showing their interest.”

After the presentation, a Q&A discussion was also held. Through this talk concert, we were able to inform government agencies and companies involved in various mobility industries about our MVL project.

Ride the New Wave, TADA
Trust-Driven MVL

MVL Monthly Report (August)

Hi, This is MVl team.

It’s September.

Last month, the MVL team had a lot of fruits as a result of hard work and lots of work.

– MOU with Vietnamese Insurance Company

– Recent Issue about Ride Hailing Service TADA

– Listing on the Coinbene

– MVL, Visit Korea Transport Institute

– Kay, Interview with Chinese Media


For more informaton, Please check August MVL Monthly Report


MVL Monthly Report (August) : MVL Monthly Report_08(En)


[August 29 Weekly News] What MVL has been up to August 24

Hello, this is MVL.

Read about our various updates for the past few weeks. Stay tuned for the news to come in the following weeks!
Check out more fun news through our new Instagram channel too.

Telegram News:
MVL Instagram:
MVL Twitter:
CEO(Kay Woo) Twitter:
MVL Blog:

Thank you.
MVL Team
[8/27 Weekly News] Our updates until August 24. Check out what we have been up to.





<MVL, Visit Korea Transport Institute>
August 22th, Jaehwa Han, CTO, who is core member of MVL, attended the seminar which is held by The Korea Transport Institute and shared the case of MVL and had an opportunity to inform about MVL. The speech here is one of the biggest themes of the seminar, which means that Van-Sharing service with KORAIL(Korea Railroad Corporation) and TADA service in Singapore have been well accepted by Korean government.

For more datails, please check our official MVL blog.

<Speak at OSIC 2018>
CEO, Kay Woo was invited as a speaker for the launch of the The OneService Innovation Challenge (OSIC) 2018 in Singapore. The OSIC is an initiative by the Municipal Services Office (MSO, Singapore Government) in collaboration with public agencies in Singapore as well as leading technology companies. MVL is proud to be part of the OSCIP 2018 and we hope to inspire the next generation of innovators that can help promote neighbourliness and enhance living environments through new digital services.

<Seoul Mobility Summit by MVL>
MVL team is about to launch Seoul Mobility Summit around October. This is not a mere meet-up, but it is a mobility event with industry players and partners. It is going to be a samll scale conference rather than a simple one.




We now have up to 13,000 drivers, and 57,000 riders who have joined TADA in Singapore. The number of orders has also increased to over 75,000. We would like to kindly recommend that all our MVLers join our official Telegram group to voice out their opinions on how to better our service.
▶️ Telegram link:

<TADA Special Event>
Last weekend, the TADA team carried out a special event for our riders. We gave out free scoops of ice cream to those who downloaded the TADA app and we were touched by how many supporters showed up. We hope to carry out more events and will be notifying everyone of these events through our various communication channels.

<Team Members after launching TADA in Singapore>
Have you ever wondered about the Singapore team since the launch of TADA in Singapore on July 26? You can watch this on MVL Official YouTube channel. Many subscriptions and watches are appreciated.





<Meeting with OmiseGO>
MVL team had a meeting with Hitoshi Kakizawa in charge of business development at OmiseGo and discussed that we may be able to use the technologies that OmiseGo has developed to further develop MVL app.

Four new team members were joined to MVL in Vietnam. They will be very helpful when TADA services will be launched in Vietnam later. In addition, a new Vietnamese office will be opened in September. MVL team is working hard to grow globally.

The MVL App-Introducing SG’s 1st decentralized ride hailing app

You are warmly invited to the MVL Application Introduction Event. In this event, Kay Woo, CEO of MVLchain will be introducing the MVL application for the first time to Singapore.

Meet us on April 26 at 5 PM (UTC+8) at JustCo @ Marina One East Tower, Coworking Space.

The team is also excited to engage with stakeholders in Singapore’s mobility space including Private Hire Car Drivers, ex-Uber employees, commuters, and all other stakeholders to take in feedback.

The MVL application will be Singapore’s first blockchain peer-to-peer on-demand ride hailing service. Through the incentive based blockchain mobility ecosystem MVLchain, the MVL application aims to ensure that both driver’s income and commuter’s fare are protected and competitive without compromising on the quality of the ride experience.

From the same team behind mobility platform, easi6, the reservation service platform that is connected with over 25,000 vehicles in Asia. Major transportation providers that are using this service are Myrealtrip and Ticketmonster in South Korea and Dichungtaxi in Vietnam. The team is proud to introduce the new service to Singapore. The service is expected to be fully-rolled out in the next three months.


5.00pm – 5.15pm – Introducing MVL Foundation and MVL Application
5.15pm – 5.30pm – MVL Application Demo
5.30pm – 6.00pm – Questions & Answers

Light refreshments will be provided. is the supporting partner for the event.

Get tickets here.