This Project Could Become The World’s Biggest Blockchain Mobility Platform

5 min readOct 27, 2021

Potential to make over 4000% gains betting on futures of blockchain mobility platform

A $335 Billion Industry Set for Disruption

Driving: it’s something millions of people do each day without much thought. Now, innovations such as ride-sharing, autonomous vehicles, the Internet of Things (IoT), blockchain, and smart contracts are affecting how people view mobility.

We are heading towards an industry that is more and more connected. The mobility sector is experiencing a rapid change in prevailing market demands and trends that had dominated the industry for decades.

With blockchains already serving as the backbone for digital currencies, a natural extension is using the technology for transit transactions. As it stands, multi-modal transportation requires commuters to pay for different tickets in different places.

Take for example the individual who travels on suburban rail (one ticket) to the city, rides the subway downtown (a second ticket), then rents a bike for two hours. The integration of blockchain technology could both solve, simplify, and potentially eliminate the requirement of multiple purchases and consequent pain points for the user.

Urban public transportation will become increasingly complex and crowded in the future, as the importance of mobility services like Uber and Lyft grows, and more companies look to leverage self-driving cars to launch autonomous ride-hailing services in cities but there is no system that combines mobility transport options together that allows the consumer to select their mode of transport and transact.

This is where Bloxmove comes in decentralizing mobility and run fully integrated secured transactions, from customer identification, verification, contracting, and settlement — in real-time. an ecosystem built on alliances simplifies how consumers pay for the various mobility and mass transit services they use to get around without depending on centralized aggregator platform operators, allowing consumers to transact with mobility service providers.

Bloxmove Mobility Blockchain Platform developed and incubated over last 3 years with one of leading global suppliers of premium and luxury cars and one of the world’s largest manufacturers of commercial vehicles Daimler and several other technology partners like spherity, 51nodes, Bosch.

Bloxmove also working on an energy blockchain platform that will offer the decentralized network to interconnect electric power and electric mobility to balance renewable energy grids to work towards achieving net-zero carbon-neutral mobility while using the Mobility Blockchain Platform services based on verification of credentials and IDs collaboration with 50hertz and elia group.

What’s It Worth?

Simplifying business processes and creating transparency and immutability in the distributed ledger technology with benefits such as faster transactions and reduced total cost of ownership. The market will see the emergence of a new breed of programmable blockchain technology platforms.

The global mobility as a service market size is projected to reach over USD 282 billion by 2030, I’m expecting Automotive Blockchain Market would take at least 20% of the global mobility market size would be huge for Bloxmove as they have one of first-mover advantage.

BloXmove already has five industrial partners and pilots NDA signed with leading industrial companies will be announced soon. Furthermore, blockchain mobility platform is untapped markets, ongoing new product developments and partnerships by bloxmove are likely to propel the growth of the automotive industry.

bloXmove’s advantages compared to other market participants

Challenges

I personally invested in bloxmove but not everything is rainbow or sunshine while bloxmove solve an important point of market like faster transactions, reduced total cost of ownership however, the market is still far from reaching its potential due to the lack of consumer awareness, fickle system reliability comes with challenges like uncertainty over regulations, gaining user acceptance and lack of technical expertise and scalability.

Notable Partners

Bloxmove recently signed a strategic partnership with 50Hertz part of Elia Group has around 30M customers working on integrating renewable energy safely into the grid.

Bloxmove also announced launching a proof-of-concept demonstration of there Mobility Blockchain Platform with the collaboration of Dutch Blockchain Coalition and the Dutch Ministry for Infrastructure.

Bloxmove Partnership with Dutch Blockchain Coalition and the Dutch Ministry for Infrastructure.

Team

The bloXmove team consists of mobility, blockchain and fleet management experts which bring the expertise, experience and network to deliver such a
Platform. The CEO and CTO worked for Daimler Mobility in leading positions covering Transformation, Innovation & Partnerships, IT, and the Blockchain where they incubated the Daimler Mobility Blockchain Platform which is the predecessor of bloXmove

Bloxmove Tokenomics

The potential returns on $BLXM could be massive, even if they are able to get 20% of the automotive market share, $BLXM represents the right and privilege to use Bloxmove resources. It’s also a smart payment currency for carrying out business activities on the platform.

Some of the token utilities listed below

Token Distribution

All things considered, Bloxmove has developed thoroughly thought-out token economics, where the value of the $BLXM token is tied directly to the success of the blockchain mobility platform moreover, the demand for the token is likely to increase as the project introduces new use cases.

Although I think token distribution could be better, more likely these token held by the foundation will be sold to partners and projects they will use as utility coins.

Roadmap

Currently, BloXmove planning to launch 4/6 pilot program this year, they are already running a pilot with Flixbus and 50Hertz.

Bringing It All Together

If we boil it down, bloXmove has created a decentralized mobility platform that provides both trust and consequences without the need for an enforcing third party, representing a classic asymmetric bet on what could become the world’s most widely used blockchain mobility platform. Right now, bloXmovs isn’t widely known. For the most part, it’s managed to fly under the radar But that will not last long.