Blockchain, Mobility, and Data Monetization

Jake Sedlock
Moveco
Published in
2 min readMay 27, 2018

Moveco-Driving The Future Of Mobility

A recent report done by Frost and Sullivan stated that, Automotive Data Monetization is expected to reach $33 Billion in Opportunities for OEMs by the year 2025. Meaning that the market for data in the Mobility industry is in high demand making it very valuable. There are different ways that this data is obtained and monetized. Although, using Blockchain Technology is the newest and most exciting way of doing so. Moveco is bringing mobility data monetization to the Blockchain by launching their MOV token.

Source: Frost and Sullivan

Moveco will collect, normalize, anonymize, and process car generated data to protect privacy and maintain consent. This data can only then be available on our Moveco Data Hub or Insights Portal to be used to drive innovation in the mobility industry.

Moveco’s potential customers include:

  • New Mobility Services
  • Smart Cities
  • Safety and emergency services
  • Retailers
  • Car Manufaturers
  • Auto Suppliers
  • Car service companies
  • Auro parts suppliers
  • Oil and gas industy
  • Electric Vehicle companies

Moveco will also provide to corporate customers the service of interpreting the collected data and turning it into useful, actionable insights.

To get an Idea of where Moveco Services would fit in this industry you can see that the research done by frost and sullivan shows the major growth opportunities in this market space.

OEMs’ partnerships with technology companies to share data (only with the customers’ consent) with recommended third-party service providers, such as insurance companies and smart parking service providers;

Tier 1 companies investing in startups that are focusing on data-driven platforms, artificial intelligence, and machine learning to leverage Internet of Things applications.

  • via Sarwant Singh, Senior Partner in Frost & Sullivan

Moveco is offering you the opportunity to contribute to building the mobility future, Do so while being Rewarded. Gain control & take a share in the monetization of your anonymized data. Join the Moveco community today to get rewarded. To learn more about Moveco visit the website.

Report Source- Frost and Sullivan https://ww2.frost.com/research/industry/automotive-transportation/

Disclaimer: The information in this article is for informational purposes and does not constitute legal advice or instruction. You take your own risks with cryptocurrencies and tokens. I try to provide the best information I have but cannot guarantee you will be successful when acting according to my recommendations.

Thank you for reading

Find me, Jake Sedlock, on LinkedIn

Telegram username @jakesedlock

Email- jake@powerlaunch.io

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Jake Sedlock
Moveco
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