bloXmove Token Whitepaper
Last UpdatedJanuary 2023
The bloXmove BLXM token provides a protocol as well as a decentralized transaction-as-a-service platform which reinvents mobility as a service. The protocol is used to build game changing 1-click, hassle-free mobility products across different modes of transportation. End users identify themselves once and can then roam and consume services with a single click.
bloXmove was incubated within the Daimler group, the inventors of the car as well as carsharing (Car2Go), over a period of more than 3 years. The bloXmove founders then joined the Outlier Ventures acceleration program and embarked on a journey towards creating the protocol for #DeMo – Decentralized Mobility. BLXM is a layer-2 tokenBLXM is the only valid token to pay for services in #DeMo – decentralized mobility powered by bloXmove.BLXM is used to pay for transaction fees. Transactions are true layer-2, i.e. transactions start with Identification and verification of signatories to the agreement/contract and end with Revenue distribution and transaction feesA major feature of BLXM protocol is that it provides full access management to the vehicles being utilized