What is the name of the service? Mobility as a Service is powered by tokenization. The platform incentivizes users to lighten their footprints without locking them into a loyalty program. The dual- token model is used to connect traditional businesses with defi. The project has two token systems. The SMile token was developed by R3 Corda enterprise and is pegged by a specific type of currency. The MoFi token is a deflationary utility token that can be exchanged for SMile and then burned to ensure efficient token circulation to all stakeholders. The team is from MobiFi. Yudi Xu is an ex-CTO consultant at Shell and the currentMVP of Hedera Hashgraph. A combination of developers, engineers, designers, as well as marketing and business experts make up the rest of the team of over 10 members. The team is supported by experienced and renowned advisers in the fields of tokenization, banking, mobility, VCs, and more. What makes MobiFi unique? The first-ever Corda to X bridge protocol is being built by the company to connect businesses with the internet of things. The SMile-MoFi gateway will allow end- users to use their mobility credit to support their financial needs beyond mobility, while creating a sustainable environment for everyone.
