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Blockchain comes to ridehailing

MVL's blockchain platform will track and continuously gather data on vehicle activity

"MVL practises a distributed economy, or 'deconomy', where safe drivers, friendly chauffeurs, honest mechanics and other diligent data providers are fairly rewarded." MVL founder Kay Woo (above)

FIRST came Uber and Grab, which let users book rides on their smartphones with just a few taps of buttons - and which quickly grew into everyday tools without which I couldn't imagine life in the last five years.

Then Grab acquired Uber in Singapore. Now, a new generation of ridehailing...

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