We live in a world where transport of people and goods is fragmented and where transport systems have not evolved to meet increasing and diverse needs. Data distribution is dysfunctional and not shared in the ‘chain’ of travel. This results in friction, increased journey times and impaired efficiency, productivity and security.
Blockchain is enabling businesses and governments to have greater visibility of movement and the supply chain. It enables seamless, integrated and efficient movement of people and goods. This is the start of the connected, unified transport revolution.
Iconic Blockchain is working with partners to build a seamless, universal, secure and interoperable mobility account system for the world, TSio Protocol. This has many advantages for cost, productivity and transport system resilience. The transport of people and goods will be more efficient, with streamlined transactional data, optimised processes. It will be an interoperable system for data authentication, identity management and fraud reduction.