Asset 3the Mobility Blockchain Platform Whitepaper
Asset 3the Mobility Blockchain Platform Whitepaper
Blockchain Platform
A blueprint for the
future of mobility.
A joint white paper from bloXmove, Orange Business Services and Ciklum
We believe that:
The Future of Mobility is decentralized &
lies at the center of smart cities and urban planning.
Platform economics and network effects are key to scaling ecosystems.
Shared, cooperative governance is the key to decentralization.
Sovereignty over identity and data lies with the user. Open source
protocols and standards are essential for a socially acceptable platform.
Blockchain/DLT, Decentralized Identifiers and IoT are key
technologies in building scalable, collaborative platforms.
MOBILITY
Digital identity Verification
Inter-urban Trucking
mobility
BLOCKCHAIN
PLATFORM
Infrastructure Insurance Contracting Payment
TECHNOLOGY ENABLERS
In addition, there is an increasing trend towards This is accompanied by two strong trends affecting
urbanization, which increases the pressure on cities vehicle ownership and adding momentum to the
and municipal governments to balance the benefits transition towards pay-per-use mobility as a service
of aggregation with the challenges this places paradigm, replacing the own vehicle as the prime
on the environment, sustainability, quality of life mode of urban transport:
and congestion.
1. Mobility based on owner-driven vehicles is more
Mobility plays a major role in how society will and more discouraged by city planners;
function in the future.
2. A strong emphasis on electrification and carbon
People are moving more not less, while neutral transportation.
the need to reduce carbon footprint and
In 2019, there were estimated to be around 400
congestion necessitates:
different brands, offering around 750 mobility
More efficient utilization of vehicles than the services, operated by 180 providers worldwide.
traditional driver-owned car; Most of those providers have created a stand-
alone ecosystem with little or no interfaces to other
Electrification of fleets and vehicles; and
mobility players. From the consumer’s perspective,
with that;
this leads to inconvenience and nontransparency.
The emergence of electric charging When travelling, it is even more difficult to
infrastructure as a key element of e-mobility. find the optimal combination of multimodal
mobility services.
Citizens are expecting seamless “one-click”
mobility, which is eco-friendly, affordable and
on-demand.
C stands for A stands for S stands for any of E stands for Electric,
Connectivity and Autonomous or Shared, Services or i.e. the trend by
the fact that cars are Automated driving, Software, describing which means of
becoming internet- which will be a true the means by which transportation (from
enabled, smart game changer mobility can be scooter to buses)
devices. Modern once it achieves delivered, based on will become electric.
vehicles (i.e. cars, critical mass. transactions rather This brings with it the
e-scooters and than ownership. challenge and also
e-bikes) contain edge the opportunity of
computers, which are how to build up the
always online and required charging
provide a constant infrastructure.
stream of telematics
data.
1 “Race 2050 – a vision for the European automotive industry”, January 2019, McKinsey Center for Future Mobility.
2 “The rise of mobility as a service”, January 2017, Deloitte.
3 “Urbane Mobilität 2030: zwischen Anarchie und Hypereffizienz”, October 2017, Roland Berger.
Inter-urban mobility
Public
transport Trucking
Car sharing
MOBILITY Infrastructure
BLOCKCHAIN
PLATFORM
Ride hailing Insurance
Micromobility Logistics
Urban mobility
SCALABILITY
INTEGRATION
MOBI
BLOC
In-app SW Wallet Digital signature PLAT
One ticket shopping for users: Integrated, multi-modal transport is critical to address smart
city “liveability” challenges. Consumers want to travel from their home to their destination
and back again in as fast and cost-effective way, avoiding congestion and minimizing their
impact on the environment.
Flight 2
eScooter
Public transport
APIs
Unified identities for customer, company New business models through trusted
and car, digitally secured and verified integration and value-added services
Open protocols for a minimally invasive Modular platform, designed for multiple
integration effort with legacy systems use cases and business models
Claims Verifications
MOBILITY
BLOCKCHAIN
PLATFORM
Open and democratized protocols
Identities Offerings
Open mobility business software
Open and centralized platform
Settlement Contracting
All services in the network are considered to be “pluggable”. This means, that services can also be
provided by any other provider meeting the standards of the MBP.
It should be noted that the described capabilities (verification, contracting and settlement) will be offered
and carried out by providers within the network. The MBP only defines the standards for those described
procedures and processes within the network.
Mobility service
platform
Mobility
By integrating a hardware
service
wallet, vehicles receive a
platforms digital identity with legal
capacities
The vehicle identifies itself
SERVICES
1 2 3
MOBILITY ASSET INSURANCE
SERVICES FINANCING SERVICES
AND LEASING
4 5 6
IDENTITY PAYMENT NOTARY AND
SERVICES SERVICES VERIFICATION
SERVICES
(for users, companies,
vehicles/machines)
CHALLENGES AND OPPORTUNITIES The fleet sharing use case enables a company
(e.g. fleet operators, like Athlon, or an asset-heavy
The way, in which the people approach the mobility service provider, like ShareNow) to either:
mobility changes, also fleet operators need to
Offer its currently available and unutilized
shift their focus to new service models.
vehicles to other companies (e.g. asset light
The main challenges for the fleet operators
mobility service provider or a fleet operator)
today are to understand the customer demand,
for utilization; or
the high administrative effort, the requirements
to reduce CO2 and shift to zero-emission, Request currently available and unutilized
and the biggest challenge of all, to optimize vehicles from other companies in order to
the fleet utilization. utilize them.
The use case aims to enable vehicle owners to
utilize their cars better by offering them on the
MBP to other companies.
Mobility
service
platforms
Connection
layer MOBILITY BLOCKCHAIN PLATFORM
Smartbox/hardware wallet
Fleet
operators
CHALLENGES AND OPPORTUNITIES Tokens and the smart contracts to which they
connect, provide traceable transaction records and
Tokenization4 is a new mechanism for financial thus provide a fully transparent – and real-time –
products, which is based on blockchain audit trail, which greatly improves the risk profile
technology5. Tokenization use cases range from of such financial products. Funding and treasury
so-called utility tokens, which pay for network departments stand to greatly benefit from this new
functionality, to tokenizing assets or their and fast channel for liquidity.
revenue streams.
Financial service providers traditionally offer
For the financial arms of large automotive players, various products and services to customers in
this means that traditional products – such as order to generate stable, free cash flow, alongside
finance and leasing as well as services, such as strengthening customer loyalty. At the same time,
mobility solutions – could be improved and scaled the main financial benefit is to get stable funding
beyond their current scope. support from money market players that hold secure
financial assets in their portfolios. Traditional identity
The point to bear in mind is that blockchain enables
management technologies, assets securitization
financial service providers to tokenize existing
and Know Your Customer (KYC) practices, however,
financial assets and, indeed, this is the most
have intrinsic risks and drawbacks that can lead to
important corporate use-case for tokenization.
inefficiencies in asset management and inaccurate
Token-based financial products can create a
asset valuation.
trustworthy financial portfolio by securitizing
revenue streams generated by an asset portfolio At the end of the day, blockchain enables automotive
such as vehicles or charging stations. financial businesses to fund their main assets
(e.g. fleets, charging infrastructure or floorplan).
Tokenization
Mobility Blockchain Platform
Tokenized identity and vehicle Fully tokenized service Tokenized money supplied
product supplied from DMO from banks and investors
4 The tokenization of assets refers to the process of issuing a blockchain token that digitally represents a real tradable asset.
5 D. Stewart and M. Simmons: The Business Playground: Where Creativity and Commerce Collide.
Berkeley, USA: New Riders Press, 2010.
A parallelism for the MBP would be scooter 2. Business customers: Companies who offer
companies, owning the vehicles in several cities, their service over the platform
benefiting from offering access to scooters
They interact with the platform within a Software-
worldwide, increasing the value provided to their
as-a-Service (SaaS), or actually Transaction-as-
customers, and increasing the usage of their
a-Service, model. They can use the capabilities
vehicle thanks to the cooperation with other players,
provided by the platform itself as well as services
generating revenue in both cases. Companies that
provided by other service providers in a simple
do not own mobility-related assets can contribute
“plug-in” environment with low complexity
in increasing the demand, for example, travel
integration to generate new sources of revenue.
agencies offering third party scooter services
They benefit from the platform as it presents an
to their customer base. A general overview of
environment free of vendor lock-in and avoids the
incentives for the MBP stakeholders is described
risk of being devoured by quasi-monopolistic,
later in this chapter.
centralistic hyperscalers.
MBP stakeholders can be described as follows:
Joining this group is especially interesting for
1. MBP operators: Founding partners and asset-heavy service providers (e.g. fleet owners
key operators who want to increase utilization by spreading
their supply of vehicles across the platform’s
This group co-owns the platform, and participates
demand aggregators).
on the value and capital gains of the organization.
Institutions in this group own key assets and 3. End-users: MBP members who would like
services that are essential for creating utility. to increase the revenue per user by cross-
Just to mention a few: selling services from the MBP
a. Mobility service and fleet providers Companies in this group are cities,
b. Digital identity service provision telecommunication firms, banks and travel agencies,
c. Tech companies / blockchain among others. A use case would be banks offering
d. Telecommunication services vehicle leasing or renting services to their customers,
e. Digital payment providers for example, or companies in the travel or restaurant
f. Insurance providers industry, generating extra revenues by offering last
g. Nonprofit organizations and academic mile mobility to their customers.
institutions
Public Cooperative •E xtremely difficult to combine existing multi-modal • Open access to cooperate and
transport member, inter-urban services into one platform innovate with high tech players
sector regulator • High limitations to growth operations in new • Opportunity to take a step forward
and policy locations into sustainable urban mobility
maker • Complex and rigid legacy systems • Increasing customer lifetime
revenue by offering service in new
areas and markets
Charging B2C and • Complex to reach critical mass out of highly • Contributing to build the largest
infrastructure B2B populated regions mobility platform in Europe and
• High financial investment needed to increase paving the way for electric and
the charging network sustainable mobility
• Reduced tools for increasing customer loyalty • Simple infrastructure to bundle
products with mobility service
providers
• Increasing customer lifetime
revenue by offering service in new
areas and markets
B2C End user • App jungle, need to download and register in • 1-click service delivery
consumer several apps with similar purpose within the same • Seamless and international
city or service offering service roaming
• Fragmented customer journey • Rich, multi-modal, multi-service
• Repeated onboarding and handing over of products (like mobility, financial
sensitive data, with a high risk of data leaks and services, insurance or charging…)
cyber attacks on personal accounts delivered over one channel of
choice
Platform economics is at the core of the most In the meantime, blockchain and other decentralized
successful Internet enterprises, have unleashed technologies have emerged over the last ten years
creative energies and revolutionized the way services and provide a paradigm by which new cooperative
are delivered, consumed and settled. They have truly platforms can be built, combining the advantages
empowered end users and brought huge benefits, in GAFA platforms offer end users with a more sustainable
terms of choice, ease-of-use and cost-effectiveness. balance of power among market participants.
Last but not least, they created incredible wealth for Tokens provide a mechanism to program the flow
their owners. On the other hand, they leave a trail of value into community-operated, highly secure
of creative destruction behind them as incumbent commercial platforms. Combining the technical
operators lose control over their customers and advantages of decentralization with the purpose and
markets. Due to the relentless pressure of venture- incentives of cooperatives can create a powerful
funded, freely spending hyperscalers, margins tend counterbalance to centralized platforms. They can
to drop dramatically. This is, after all, what the end also unleash new business models in which power
customer realizes as cost-effectiveness. Market does not necessarily accrue to centralized market
players only have a chance to compete if they can makers, but is jointly held by a community of equal
offset these low margins with very deep pockets and cooperative members.
the operating scale to achieve profitability by growing Summary
the number of transactions. The advent of blockchain Blockchain networks form a counter-model to
and other decentralized technologies has added an established platforms and allow independent parties
important element to this. to take part in “community-owned and -operated
Cooperative platforms combine many networks”7. This allows businesses to integrate their
digital benefits services within a trusted service network and avoids
Blockchain, Distributed Ledger Technologies (DLT) single-player platform dominance. Blockchains
and other decentralized technologies (such as and Distributed Ledger Technologies (DLT) share a
Decentralized Identifiers (DID)) provide technical unique set of features to provide trust and consensus
mechanisms that lend themselves very well to within highly fragmented and decentralized
building fully automated platforms that can manage environments. These features include but are not
financial transactions from contract signing all the way limited to distributed governance, open access and
to financial settlement, without the need cryptographically secure transactions.
for intermediaries.
6 GAFA: Google, Apple, Facebook, and Amazon
These are completely autonomous software 7 “Past, Present, Future: From Co-ops to Cryptonetworks”,
networks and provide the critical element of trust and March 2019, Jesse Waden, Andreesen Horowitz.
MOBILITY
BLOCKCHAIN
PLATFORM
ACCESS VERIFICATION
SERVICE SMART
ROAMING CONTRACTING
SETTLEMENT
Network effect
MOBILITY BLOCKCHAIN
PLATFORM
As mentioned earlier, the telephone is a good the MVE creation, which will allow new platform
metaphor to explain how the utility of the MBP operators and participants to start benefiting from
increases with increasing levels of consumer the Mobility Blockchain Platform SaaS in record
times, in less than one day; allowing the business to
participation. Having only one telephone in the
be scaled at a fast pace.
market makes no sense.
There will be focus sales teams with the goal
The real utiliy is generated when you achieve a to accelerate platform growth, ensuring the
critical mass and you can have phone calls with initial momentum is kept, and quickly achieve
other users. That happens when you bring into the high platform utility. Our sales teams will target
network “the first 100 telephones”, or the first 100 corporations, trade unions, industry associations
companies, and you can start generating synergies and key decision makers showing them the benefits
with your services offer and demand with other of joining the network.
companies in the network.
Cooperation with third parties and the franchising
Achieving critical mass is a key milestone for a of the platform model will be considered in parallel
platform business where the long-term sustainability in specific markets and regions to achieve market
of the business will be mercilessly tested. Our tools penetration to ensure we can offer a global service
for achieving the required initial critical mass will be to the end-customer and have more effective
through generating business incentives. business development and marketing campaigns.
As a recap, let’s name a few:
It is important to highlight that each platform
Access to additional sales channels;
operator will determine what service prices are
desirable for them. There will not be one single
Revenue generation without new customer
operator deciding what the prices are. Instead,
acquisition;
cooperation is required across the network to
Special conditions for early members of
increase the overall demand and lower admin and
the network. settlement costs. This would create the risk of the
Onboarding will be simple and agile. “Onboarding platform being absorbed by a monopoly that would
packages” will be created out of the learnings from strangulate margins and control market prices.
The operational model of the MBP will be split into two layers:
1. An independent foundation, whose purpose is 2. An operations unit, a corporation 100% owned
to define and develop the necessary protocols by the foundation, registered in a defined
and standards, as well as safeguard the created location and led by a distinctly visible external
IP for an open mobility ecosystem including CEO. The purpose of the operations unit is to
network verification, service discovery and ensure the technical implementation of rules and
allocation, contracting and settlement. The decisions made by the foundation. Additionally,
members of the organization operate the MBP it enables at least two functioning nodes for
as a network of validator nodes and thus provide minimal network capability.
the organization’s governance framework.
Systematic benefits
Disclaimer: This publication represents general non-binding information. The contents reflect the opinion
of the authors at the time of publication. Although the information has been prepared with the greatest
possible care, there is no claim to factual accuracy, completeness and/or topicality. In particular, this
publication cannot take into account the special circumstances of individual cases. Any use is therefore the
sole responsibility of the reader. Any liability is excluded. All rights, including the reproduction of extracts,
are reserved by bloXmove, Orange Business Services and Ciklum.