The BLXM token — a utility token for Power & Mobility
Power & Mobility unLimited will be publishing a series of articles and litepapers to introduce bloXmove: a Mobility Blockchain Platform connecting the two sectors of Power & Mobility.
BLXM is the utility token we will launch for the underlying decentraliced protocol.
Introducing Power & Mobility and bloXmove
Power & Mobility Ltd. is an Irish-German venture company founded by former employees of Daimler Mobility and Athlon.
At the core of our activities lies bloXmove.com, a Mobility Blockchain Platform #MBP.
We are part of the current Outlier Ventures Ascent token launch acceleration program. Our vision and purpose is to launch a decentralized protocol for mobility as a service, urban mobility and vehicle-to-grid applications; #MaaS, #V2G.
This article is the first slice of what will eventually become the WhitePaper for our public token protocol, which we will launch this summer. In this series of publications and the resulting WhitePaper we will describe the protocol and the underlying token: #BLXM.
Our vision is to provide a shared, cooperative infrastructure allowing smart cities and mobility operators to deliver multi-modal Mobility as a Service.
Using decentralization we offer a way to achieve platform economics and network effects without ending up depending on centralized aggregator platform operators. From an incentive and market mechanism perspective this is important, as centralized operators always try to control customer and billing relationships and through that achieve rent-extracting dominance to the detriment of the providers providing the actual service consumed and paid for by the end user.
In this first overview, we will focus on our “Power meets Mobility” use case.
The purpose here is the balancing of power grids by integrating electric vehicles — and with that their batteries — into the power grid. By this coupling, electric vehicles can be used to balance power grids relying on renewable energy to achieve end-to-end, net-zero carbon-neutral mobility.