eTukTuk - The Blockchain Network Flipping the Switch on Transport
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
With every day that passes, carbon emissions from the global use of transport is gripping the planet tighter, exploiting an already fractured system; with users forced to pay a high price for the dwindling, restricted fuel supply. Air pollution from key carbon particulates caused by transportation are causing ill-health and shortened lives, globally.
Whilst strides have been made in the developed world to bring private transportation to a sustainable (if not yet widely affordable) level, developing countries are being left behind, causing a black hole over numerous economies who are struggling to afford the transition to cleaner alternatives for affordable mass transportation.
Yet, one company seeks to change the way the world uses and interacts with transportation. Their mission is beginning with the TukTuk in developing countries, where 63% of the world’s carbon emissions originate, and where three-wheel transportation is dense.
Having recently announced the news of its launch at the World Economic Forum in Davos, eTukTuk - the world’s first automotive project built on Cardano - has found its place on the blockchain, and looks set to help millions of people currently living without accessible or affordable transportation, according to CEO Ryan Fishoff.
Making the most of the blockchain’s smart contracts in order to provide smart, swift, and efficient payment services to users of the network, eTukTuk will be exploiting technology to provide drivers and network participants who take part in “Power Staking”, as well as “Territory Partners”, and investors, to make transportation work for everyone.
One of the biggest
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