In a significant development, MVL ($MVL), a cryptocurrency functioning on the Ethereum Blockchain, has formalized a strategic partnership with DWF Labs to propel Web3 innovation within the Asian mobility sector. This collaboration aims to streamline the integration and onboarding process of Web3 for the extensive user base in the Southeast Asian mobility market. MVL, having expanded its presence over the last six years, anticipates that the integration of Web3 into the interconnected lives of the general public in the mobility sector will significantly contribute to the accelerated adoption of cryptocurrency in the region.
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Gathering separate mobility services into a single incentive-based blockchain mobility ecosystem to ensure data transparency Singapore, 4 May 2018 – MVL (pronounced “em-buh l”, Mass Vehicle Ledger) is a Singapore-based blockchain mobility ecosystem company set to revolutionise the way the mobility industry and its related services are connected by allowing for the transparent sharing of a mobility lifetime data. The MVL Ecosystem does this by recording all core data related to driving, accidents, repairs and any other mobility-related transactions on the blockchain. Participants can access this via the MVL mobile application, connecting all businesses, services, and people in the mobility industry.