Webility Signs Business Agreement with AMO Labs

Webility, a Web 3.0 mobility sharing economy service, announced on the 22nd that it has signed a business agreement with AMO Labs, a blockchain-based automobile data platform developer, to expand business in the WEB 3.0 mobility field.

Through this cooperation, the two companies plan to strengthen automobile and micro-mobility-related data and expand the mobility data pool on blockchain.In addition, they intend to collaborate on the development of blockchain services utilizing on-chain mobility data, such as market analysis, demand prediction, and mobility-targeted advertising.

Webility previously announced the collaboration between its R2E (Ride to Earn) service, launched in September, with AMO Labs’ D2E (Drive to Earn) service.

This collaboration focuses on increasing user diversity and expanding services for both companies. By collaborating between R2E and D2E services, it is expected to not only provide users with a variety of transportation options, but also enrich their travel experience.

AMO Labs, a subsidiary of Penta Security Systems, recognized as the top security company in Asia-Pacific by Frost & Sullivan Consulting, was established to address the rapid growth and expanding security threats in the fields of connected cars, electric vehicles, and smart cities.

AMO is a blockchain project that enables various economic activities based on the collection and trading of automotive data.

Webility stated, “The ultimate goal of the collaboration jointly undertaken by the two companies is to bring current web2.0 service users in the mobility sector into the web3.0 environment, diversify the blockchain-based mobility market, and expand the user base.”

Original article:

https://coinmarketcap.com/headlines/news/658aa48a3866b919d2615004/

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Website: www.webility.io.