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Overview of MVL 2.0 Online Conference

6 Apr 2021

 

 

 On March 25, MVL 2.0 Online Conference was held through live streaming on MVL’s official Youtube channel.


There were four presentation sessions in 2.0 conference, which were MVL software, EV(electric vehicle), infrastructure, and blockchain. At this event, the past achievements of MVL in each field and how MVL 1.0 will transform to MVL 2.0 were shown to the audience. 

Both Korean and English were used during the conference, and a simultaneous interpretation of the presentation was provided via official telegram for the audience’s comfort.


 

Blockmedia, the first blockchain and cryptocurrency media in Korea participated as our partner, and the newscaster Mi Ra Yoo hosted the programs.

 

The first session was about software 2.0.

MVL’s software is the core competitiveness of MVL, as well as a foundation for MVL business model. There are two main business models of MVL: mobility data-based blockchain and zero-commission service platform. These two models mutually increase values.

 

MVL’s software that is developed under the zero-commission policy includes: a ride-hailing service platform TADA, TADA Delivery, TADA Fresh Market and TADA Truck. With this zero-commission strategy, MVL obtained a huge number of platform users and increased credibility.

Therefore, TADA could expand and grow its business with the existing user pool. In this process, MVL could recognize many problems that needed to be solved, and hence provided the best service and a corporate solution to users by upgrading the system.

Moreover, the blockchain-based software of MVL has become the foundation for the realization of MVL ecosystem. Recently, MVL not only could enlarge the ecosystem, but also could manage and record all data generated from the platform through export of TADA platform as SaaS. Additionally, MVL is now focusing on the reward system that provides MVL as incentives to drivers for their participation and contribution. This will also become a future payment method in real-life.

 

The second session was MVL EV 2.0.

Following the development of mobility software, MVL has begun developing and manufacturing hardware for drivers. Therefore, ONiON T1, MVL’s first electric Tuk Tuk model, was produced.

In this session, detailed information about ONiON T1 including the brand name and battery was introduced. One of ONiON’s most distinctive characteristics that distinguishes it from other Tuk Tuks is connectivity. ONiON T1 is connected to the MVL ecosystem via dashboard, and the mobility data that will be used for MVL ecosystem can be collected through this.

 

Moreover, MVL is planning to construct an energy infrastructure based on the replaceable battery model in South East Asia, and it is also planning to develop an electric bike model, which is called ONiON B1.

 

 

The third session was about MVL energy infrastructure that will be constructed later.

First, MVL did not end up with just selling ONiON vehicles, but ambitioned to create an offline platform. In drivers’ perspective, they can receive more benefits and reduce operational cost. MVL has planned to let it come true in MVL’s ecosystem.

There are two types of ONiON stations. One is Mega station, which contains 1,000-2,000 batteries and another is a smaller size of Hub station. Drivers who visit these stations can use additional services and the fee is paid automatically via TADA wallet that is connected to the vehicles.

Next, MVL explained how ONiON mobility data is transferred. As mentioned above, ONiON mobility data can be transferred to the server via the dashboard of the vehicle. When the battery decreases to a certain level, the server sends a signal, and then the driver visits ONiON Station and replaces the battery.

This platform business and the infrastructure will be expanded to various regions, starting from Phnom Penh.

 

Blockchain was the last session. First, MVL has decided to overcome the threshold of using Ethereum network. Especially, MVL will relieve discomfort of users caused by Ethereum’s high transaction fee and tardy development progress and prevent the circumstances in which these factors obstruct MVL’s developing process.

 

Thus, MVL has planned to introduce a totally new blockchain system to transform into MVL 2.0:

1) Customizing private and public blockchain

MVL is designing an optimal model for MVL’s current and future business model. In addition, MVL will partially integrate the components so that it can utilize the best blockchain technology on both permissioned and the public blockchain in order to increase profit of MVL and users.

2) Developing components of stable coin

Through this stage, MVL will maximize the value of service data by allowing its cryptocurrency to be used as a safe and convenient payment method and integrating the trade data with the data that has already been recorded on MVL blockchain.

 

 

Regarding the listing, MVL is negotiating with different Korean and global exchanges. Although the specific schedule cannot be disclosed to the public, MVL will notify the community whenever it is confirmed. MVL will take advantage of the issues in the past and will be listed on reliable exchanges only in order to protect its holders.

 

For those who have attended the real-time MVL 2.0 conference, they could take part in three airdrop events, which are “MVL 2.0 Quiz”, “Kay’s choice airdrop”, and “Thanks for staying till the end airdrop”. A total of 9,000 USD worth MVL was granted as prize to a total of 93 winners. You may check out the winner list on MVL’s official blog.

 

So much for the overview of MVL 2.0 Online Conference. You may also check out the summary video for presentation sessions that is uploaded on MVL Youtube channel. Please stay tuned with MVL.


 


Thank you.

Best,

MVL

40 Sin Ming Ln, Singapore 573958

ⓒ MVL Foundation Pte. Ltd. All rights reserved.

40 Sin Ming Ln, Singapore 573958

ⓒ MVL Foundation Pte. Ltd. All rights reserved.