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Navigant Research projects that Mobility-as-a-Service providers stand to benefit from blockchain

A new report from Navigant Research examines how blockchain technology can be adopted by mobility-as-a-service (MaaS) providers to create new business models to help connect decentralized energy systems.

Blockchain-based platforms create interoperability between services like electric vehicle charging or ridesharing. The technology opens up microtransaction markets in an affordable way to service providers, allowing MaaS services to be automated.

Additionally, they incentivize stakeholders to provide mobility services to the end consumers. Collaboration at the platform level will be essential for success in this rapidly evolving industry.

—Johnathon de Villier, Research Analyst with Navigant Research

To take advantage of the benefits of blockchain technology—which includes the ability to digitize value, reduce transaction costs, overcome hurdles of electric transportation, and automation of secure electronic transactions—Navigant’s report recommends MaaS providers develop platforms that integrate with blockchain-based applications for multiple functions.

In addition, it recommends prioritizing scalability over decentralization, and solving issues regarding private key management for device-to-device transactions.

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