The Decentralized System connecting power & mobility
Distribute transactions and operate contracts between your company and other business actors in shared value networks: automated, instant and securely.
Power & mobility assets, customer information and payments are fragmented across siloed systems. The industry is not equipped to handle the coming increase of interconnections and data transfers between: vehicle, human and company.
Our Mobility Blockchain Platform connects Mobility Alliances across different transportation modes. bloXmove’s software as a service solution automates and accelerates consumption-based settlement between companies, vehicles and users. We utilize digital identities, verified credentials and implemented a digital ticket standard. Using that, your company can easily operate mobility budgets, subscriptions and vouchers.
FLEXIBILIZED ENERGY GRIDS
The energy crisis is here, we need new solutions for renewable energy storage. Electric and hydrogen vehicles have a crucial storage function and will be interconnected with the energy grids in future. bloXmove builds the operating system to handle the increasing mass of financial settlements and contracts as well as the tamper-proof tracking of transactions for energy certification processes.
bloXmove is a newly founded venture with headquarters in Ireland and Germany. Our product, the bloXmove Mobility Blockchain Platform, was incubated by Daimler Mobility (the parent company of Mercedes) and this is also the background of our 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.
Our Singapore entity, which will launch the token, will be completely governed by the community: all important decisions will be voted on. That means holders of BLXM tokens who have staked their tokens with registered wallets can decide where the foundation invests and what initiatives it supports.
Our business model is simple: we charge transaction fees while offering numerous advantages to service providers:
1) Together, operators scale by creating one shared platform
2) The platform is not controlled by any one centralized company (e.g. UBER, Didi)
3) Customer relationships are maintained by each operator
4) Customers are not restricted to a single vendor
5) Transaction fees are kept low as those with the customer relationship maintain the negotiation power
There is a future in which vehicles and all devices are:
C — Connected.
A — Autonomous. Self driving vehicles are here, and vehicles as well as charging stations contain wallets and can act as autonomous economic agents.
S — Services are how mobility is delivered. Less and less people will own cars, except as a hobby, and will instead use services to move. Use ALL, own NONE.
E — Electrification will completely change the way cities will sound (think how silent traffic will be in a world of 100% electric vehicles). Electric vehicles will also contribute to life quality as there will be no more emissions within cities.
1️⃣ We enable individual companies to collaborate and scale together: this is the power of decentralized platforms vs. centralized monopolists such as UBER, DIDI, and Amazon. These centralized platforms provide service to the end customer but take all the value added and leave very little to those who actually deliver the service. We empower individuals and companies to come together, collaborate and realize their profits for themselves.
2️⃣ Our unique token design, which combines a decentralized protocol with smart mechanisms derived from DeFi protocols to balance liquidity and manage the value of BLXM on an ongoing and sustainable basis.
We understand the automotive, asset financing, and mobility lifecycle. With that understanding, and blockchain experience dating back to 2013/2014, we convinced Daimler Mobility to create the Daimler Mobility Blockchain Factory which we founded and led until we spun out bloXmove.
The assignment of the blockchain software licence was due to a combination of things:
1 Daimler is in a deep process of transformation and needs to focus on its core business: premium e-mobility.
2 Ecosystems are very hard to develop by any player with a major brand. Often other brands will refuse to join such a platform. We needed a neutral venture to bring the platform to market.
3 Tech, and especially blockchain technology, has very different investment and development cycles from corporations such as Daimler or Daimler Mobility.
These factors made both sides realize that a management-buyout, and then a spin-off, were the best way to bring what was incubated by Daimler Mobility for three years to market—and to success.