Ride-hailing app Tada has signed up over 2,000 Singaporean taxi drivers to its new blockchain-based platform for licensed cabs, with a target of onboarding 5,000 by the end of the year.
MVL, the South Korean startup behind Tada, also announced a partnership with fintech and blockchain company Omise, which will see the two test-run cryptocurrency payments in Thailand.
Drivers from Singaporean cab companies ComfortDelGro, Premier, SMRT, and Transcab are among those to have joined Tada Taxi, MVL’s new standalone app for hailing licensed taxis. While none of the firms has “formally endorsed” the app, MVL founder and CEO Kay Woo said that all four had consented to their drivers using the platform.
Source: Tech in Asia