ABE TOKEN PROJECT

Trust & Smart Contracts

Smart contracts add an additional layer of privacy by tokenizing recorded data and personal information. This personal information could be encrypted and viewable only by parties that have either the legal right to do so or are being participants of the transactions.  The immutability of data further prevents fraud.  In the near-future blockchain gives near-real-time insight into where and how data is being used. The transparency of realized value combined with micro-payments opens opportunities for granular value-based pricing of reward activities.

A Tokenized System

The ability to earn and redeem ABE tokens across a wide-ranging ecosystem of Marketplace partners, smart city infrastructures and even through peer to peer transaction will have a profound effect on the quality of the ecosystem. Tokens align incentives of partners and participants to continuously improve the quality of the platform. Additionally, the User Growth Fund encourages community participation and further opportunity to enhance the ecosystem by conducting value-adding activities, such as code audits, building community awareness, helping improve documentation, testing SDK function or answering community questions and being rewarded with tokens. This not only rewards early adopters but incentivizes active community members alongside regular customers.

Transport & Mobility Data

Transport data and related activities are well suited to tokenization. There are many types of transport data. Three obvious categories are: mode (e.g. cars), infrastructure (e.g. roads), and context (e.g. weather). The biggest mobility companies are already identifying and using cross-functional use cases for this data. Leading mapping companies link geolocation data to location mapping data to navigation, congestion data to optimization, and parking data to destinations. Transport apps combine public transport data with mapping data on a granular level, all the way down to tube exits. Local governments use congestion data, accident data, and infrastructure data to inform urban planning decisions and infrastructure investment.