A New Ride Hailing App Rolls Out In S’pore – Offers Fair Pricing For Users, And Zero Commission …

The recent consolidation of the two major ride hailing players and the rapid advancement of the distributed ledger technology makes it possible for us to offer our platform to create a transparent and accountable mobility ecosystem that rewards all participants,” said Kay Woo, founder of MVL Foundation.

With the recent consolidation of Grab and Uber, many fear that the lack of competition will once again drive up transportation prices in Singapore.

Enter MVL Foundation Pte Ltd (Mass Vehicle Ledger, MVL), which recently launched Singapore’s first decentralised peer-to-peer on-demand ride hailing service through the MVL mobile app.

This new app is a complete game-changer with its new business model – it charges a small transaction fee for the maintenance of the platform, and zero commission on all rides.

Ultimately, it wants both the driver’s income and commuter’s fare to be protected and competitive without compromising on the quality of the ride service.

This is made possible by the mobility data-ecosystem underpinned by the blockchain technology that MVL is currently developing called MVLchain.

This service is expected to be fully rolled out over the next three months.

What Is MVL?

The MVL Ecosystem records core data related to driving, accidents, repairs and other car-related transactions on a blockchain, connecting many businesses, services, and people in the vehicle-related industries.

Participants who provide data related to automobile will receive MVL Point (MVP), a reward system used to encourage contribution to the ecosystem.

“MVL connects services that touch your car and collects your ride’s lifetime data. We give points to those who help out along the way, like your sales guy, you for driving and giving reviews, repairmen, used car-dealers and scrappers,” said the company in an introductory video.

By doing so, it incentivises safe driving and good services while placing vehicle-related data on the blockchain.

MVL aims to connect three main participants together, including individual drivers, ride sharing service providers, and mechanics. Here’s how each participant will interact with the platform:

MVL’s incentive model
  • Individual drivers can earn MVP points in exchange for their safe driving activity
  • Ride sharing providers can earn MVP points in exchange for safe driving and good service
  • Mechanics can earn MVP points in exchange for providing accurate repairs as recorded on the blockchain

“MVL practices a distributed economy, or deconomy, where safe drivers, friendly chauffeurs, honest mechanics and other diligent data providers are fairly rewarded.”

“In the future, MVL plans to broaden its horizons to connect services such as bike or motorcycle sharing services and collect different types of data.”

How Does MVL Blockchain Mobility Coin Work?

Image Credit: MVL

There are two tokens in the MVL platform, including MVP and MVL tokens.

MVL tokens function as payments between service providers and customers. You pay MVL tokens to a mechanic in exchange for repairing your car, for example, and you pay ride sharing providers MVL tokens in exchange for driving you somewhere.

MVP points, meanwhile, are like a reputation-based incentive system distributed through all participants in the ecosystem. MVPs are not transferable and not available for trading.

You can only use MVP to purchase MVL coins, which are transferable and are available for trading in the MVL ecosystem.

The ecosystem can be used by more than just drivers, passengers, and mechanics. Anyone who provides services to cars and drivers can participate in the MVL ecosystem.

“MVL will collect data on all aspects of mobility services, such as providing reviews and driving, as well as vehicle data collection,” said Kay Woo, CEO of MVL.

“In the future, MVL plans to broaden its horizons to connect services such as bike or motorcycle sharing services and collect different type of data.”

The Brains Behind MVL Foundation

The team behind MVL Foundation is no stranger to the mobility ecosystem.

They are known for easi6, which provides reservation services and is connected with more than 25,000 vehicles all over Asia.

The team has been developing the product over the last four years, and it was recently deployed to support the PyeongChang 2018 Olympic Winter Games as one of the transport partners.

“We are delighted to serve Singapore’s drivers and commuters. The recent consolidation of the two major ride hailing players and the rapid advancement of the distributed ledger technology makes it possible for us to offer our platform to create a transparent and accountable mobility ecosystem that rewards all participants,” said Kay Woo, founder of MVL Foundation.

“We believe we can create value and impact at the heart of Singapore’s mobility ecosystem, the people, by making commuter fares fair and for drivers to receive equitable rewards for their services.”

MVL application open to public

Following this announcement, the company will be actively engaging regulators, fleet owners, drivers, and commuters on April 26 at JustCo, Marina One.

They are also looking at establishing a core local team in Singapore, including hires in senior position over the next couple of weeks.

Featured Image Credit: MVL

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Global Zigbee Modules Market Outlook 2018-2022: CEL, Atmel, Microchip, Murata

The latest industry report that focuses on Zigbee Modules (802.15.4) Market and gives a professional and in-depth Global Zigbee Modules (802.15.4) market analysis and future prospects of Zigbee Modules (802.15.4) market 2018. The analysis report begins with the audit of the business condition and …

 Global Zigbee Modules (802.15.4) marketThe latest industry report that focuses on Zigbee Modules (802.15.4) Market and gives a professional and in-depth Global Zigbee Modules (802.15.4) market analysis and future prospects of Zigbee Modules (802.15.4) market 2018. The analysis report begins with the audit of the business condition and characterizes industry chain structure, then highlighted Industry size and forecast of Zigbee Modules (802.15.4) market during 2018-2023. This report covers the current Zigbee Modules (802.15.4) market conditions, competitive landscape containing all-inclusive key players like (Atmel, Digi International, Silicon Laboratories, Microchip, Murata, Texas Instruments, B&B Electronics, Honeywell, Panasonic, Schneider Electric, NXP Semiconductors, ON Semiconductor, TE Connectivity, LS Research , Seeed Studio, CEL, Parall) and segmented by Product Type, Applications and the Geographies regions like the United States, Europe, China, Japan, India and South-east Asia.

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Aerohive Networks (HIVE) versus Juniper Networks (NYSE:JNPR) Critical Analysis

Juniper Networks (NYSE: JNPR) and Aerohive Networks (NYSE:HIVE) are both computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, valuation, profitability, institutional ownership, analyst recommendations, risk …

Juniper Networks (NYSE: JNPR) and Aerohive Networks (NYSE:HIVE) are both computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, valuation, profitability, institutional ownership, analyst recommendations, risk and dividends.

Volatility and Risk

How to Become a New Pot Stock Millionaire

Juniper Networks has a beta of 0.96, indicating that its stock price is 4% less volatile than the S&P 500. Comparatively, Aerohive Networks has a beta of 1.17, indicating that its stock price is 17% more volatile than the S&P 500.

Dividends

Juniper Networks pays an annual dividend of $0.72 per share and has a dividend yield of 2.9%. Aerohive Networks does not pay a dividend. Juniper Networks pays out 41.6% of its earnings in the form of a dividend.

Insider and Institutional Ownership

95.5% of Juniper Networks shares are owned by institutional investors. Comparatively, 46.8% of Aerohive Networks shares are owned by institutional investors. 2.6% of Juniper Networks shares are owned by company insiders. Comparatively, 26.1% of Aerohive Networks shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Juniper Networks and Aerohive Networks’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Juniper Networks 6.26% 13.34% 6.83%
Aerohive Networks -14.99% -94.14% -16.08%

Valuation and Earnings

This table compares Juniper Networks and Aerohive Networks’ gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Juniper Networks $5.03 billion 1.67 $306.20 million $1.73 14.13
Aerohive Networks $152.90 million 1.45 -$22.92 million ($0.41) -9.98

Juniper Networks has higher revenue and earnings than Aerohive Networks. Aerohive Networks is trading at a lower price-to-earnings ratio than Juniper Networks, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Juniper Networks and Aerohive Networks, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Juniper Networks 3 16 9 0 2.21
Aerohive Networks 0 1 3 0 2.75

Juniper Networks presently has a consensus target price of $28.26, indicating a potential upside of 15.63%. Aerohive Networks has a consensus target price of $6.13, indicating a potential upside of 49.76%. Given Aerohive Networks’ stronger consensus rating and higher probable upside, analysts plainly believe Aerohive Networks is more favorable than Juniper Networks.

Summary

Juniper Networks beats Aerohive Networks on 11 of the 16 factors compared between the two stocks.

Juniper Networks Company Profile

Juniper Networks logoJuniper Networks, Inc. designs, develops and sells products and services for high-performance networks to enable customers to build networks for their businesses. The Company sells its products in over 100 countries in three geographic regions: Americas; Europe, the Middle East and Africa, and Asia Pacific. The Company sells its high-performance network products and service offerings across routing, switching and security. Its products address network requirements for global service providers, cloud providers, national governments, research and public sector organizations, and other enterprises. The Company offers its customers various services, including technical support, professional services, education and training programs. The Company’s Junos Platform enables its customers to expand network software into the application space, and deploy software clients to control delivery. The Junos Platform includes a range of products, such as Junos Operating System (OS) and Junos Space.

Aerohive Networks Company Profile

Aerohive Networks logoAerohive Networks, Inc. together with its subsidiaries, has designed and developed a cloud-managed mobile networking platform that enables enterprises to deploy and manage a mobile-centric network edge. Its portfolio of products and solutions is built around sets of technologies and solutions, which include Enterprise Cloud Networking, Wireless Fidelity (Wi-Fi) Connectivity and Application and Insights. It conducts its business in geographic regions, including Americas; Europe, the Middle East and Africa, and Asia Pacific. Its product portfolio includes hardware products, cloud-based network management and applications, and support services. Its hardware products include access points, branch routers and access switches. Its hardware products are developed by its hardware design team working in conjunction with original design manufacturer partners, and leverage the commercially available Wi-Fi radios, network processors, crypto accelerators and switching chips.

Receive News & Ratings for Juniper Networks Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Juniper Networks and related companies with MarketBeat.com’s FREE daily email newsletter.

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Power shifts in data ownership is revolutionising the Internet and cybersecurity

One proposed solution is a fully decentralised Internet independent of centralised control. This can be achieved with Blockchain technology – a decentralised and distributed ledger system that facilitates and verifies secure peer-to-peer data exchanges. The biggest issues facing the Internet, such as net …

Power shifts in data ownership is revolutionising the Internet and cybersecurity

April 20, 2018 • Big Data, Security, Top Stories

Power shifts in data ownership is revolutionising the Internet and cybersecurity

Power shifts in data ownership is revolutionising the Internet and cybersecurity

Information is one of the most valuable commodities. Every day, 2.5 quintillion bytes of data is created and either has a direct monetary value or can be mined for business intelligence to get a competitive edge. Data is the lifeblood of any organisation. Without the Internet and connectivity, business survival and economic growth is impossible.

The original intent of the Internet was the unrestricted flow of information in an open and shared network owned by the community. Data ownership was intended to reside with its creators in a decentralised model, free from monopolistic or centralised control.

However, large corporations quickly realised the value of tracking, storing, organising and monetising information for use in centralised services. Although not owned by a single entity, large corporations and data giants like Google support some of the most critical components of the Internet, such as search engines, web hosting, cloud computing and email services.

The case for decentralisation

As the reliance on the Internet deepens, so does the sharing of sensitive data and the need for greater privacy, data security and integrity. One proposed solution is a fully decentralised Internet independent of centralised control. This can be achieved with Blockchain technology – a decentralised and distributed ledger system that facilitates and verifies secure peer-to-peer data exchanges.

The biggest issues facing the Internet, such as net neutrality, privacy and security, pertaining to issues of structure. Under a centralised model, access and convenience is offered to users at the expense of data ownership and privacy. While many service providers offer to store and safeguard data, security can’t be guaranteed. Servers can fail, networks can be hacked and privacy rights can be violated.

Decentralisation enables data and vital services to be owned by users and powered by a network of independent computers. This creates a setting much more resilient to hacks and failures as encrypted data can only be released and accessed through private keys. Decentralisation also breaks down the centralised barriers to business. With reliable high-speed Internet connectivity from Nashua, any business can access better, faster and cheaper services.

Here’s how decentralised models can revolutionise the Internet and cybersecurity.

Decentralised web

A truly decentralised Internet is possible with Blockchain technology. Ethereum is a platform on which apps can be built and run without fraud, censorship or third-party interference. User information is encrypted and stored on the Blockchain which prevents service providers from hoarding and mining user data.

Decentralised web hosting

With only one target to hit, cybercriminals can quite easily shut down a website hosted on a centralised system. On Blockchain-based platforms, thousands of nodes or computers are employed to each serve a part of the website. This makes targeted attacks much harder and reduces hosting costs. It speeds up user access to websites by bringing cached content closer to site visitors. Self-executing smart contracts can also be used to manage resources and payments while users also have the opportunity to rent out idle network and computing resources.

Decentralised data storage

Blockchain enables users to use applications while retaining ownership of their data. By storing data on a decentralised and distributed network, the data is broken up, encrypted and stored across the Blockchain network. To access information, users need a private key to download the data from several locations at once. This not only speeds up the file access speeds but makes it increasingly difficult for cybercriminals to gain access.

Decentralised search engines

Google controls up to 95% of searches. The engine tracks search activities and has access to personal user information. Decentralised search engines store encrypted user data across a network as opposed to in a central location where it remains vulnerable. They also use open and transparent search ranking factors. This will level the playing field for businesses and content creators.

Decentralised social media

Social media platforms add significant connectivity value but at the cost of user privacy and data ownership. Decentralised social media channels will give back to users the ownership of data and reward users who choose to share information.

The full potential of a distributed economy is still unwritten but innovative solutions by emerging Blockchain innovators have already proven that the sky is the limit.

Edited by: Daniëlle Kruger

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Professor Green debuts striking green hairdo as he is seen for the first time since ‘split from model …

And Professor Green unveiled his newly-dyed bright green locks as he attended the Cineworld Gala in Leicester Square, London on Thursday. The musician, 33, – real name Stephen Manderson- was seen for the first time since rumours emerged he had split from his model girlfriend Fae Williams.

ByConnie Rusk For Mailonline

Published: 03:48 EDT, 20 April 2018 | Updated: 06:21 EDT, 20 April 2018

He was teased by fans for looking like Eminem when he unveiled a peroxide blond hairdo last month.

And Professor Green unveiled his newly-dyed bright green locks as he attended the Cineworld Gala in Leicester Square, London on Thursday.

The musician, 33, – real name Stephen Manderson- was seen for the first time since rumours emerged he had split from his model girlfriend Fae Williams.

New look: Professor Green unveiled his newly-dyed bright green locks as he attended the Cineworld Gala in Leicester Square, London on Thursday

New look: Professor Green unveiled his newly-dyed bright green locks as he attended the Cineworld Gala in Leicester Square, London on Thursday

New look: Professor Green unveiled his newly-dyed bright green locks as he attended the Cineworld Gala in Leicester Square, London on Thursday

Ensuring all eyes were on his striking hairdo, the rapper opted for an understated ensemble, layering a checked blue and brown trench coat over a simple black t-shirt and chinos.

He teamed the look with black converses, a gold statement ring and swept his hair to the side.

Despite rumours he has split from the stunning model, Professor Green appeared in high spirits posing solo on the red carpet before joking around inside the cinema.

Break-up? The musician, 33, – real name Stephen Manderson- was seen for the first time since rumours emerged he had split from his model girlfriend Fae Williams

Break-up? The musician, 33, – real name Stephen Manderson- was seen for the first time since rumours emerged he had split from his model girlfriend Fae Williams

Break-up? The musician, 33, – real name Stephen Manderson- was seen for the first time since rumours emerged he had split from his model girlfriend Fae Williams

Bold: Ensuring all eyes were on his striking hairdo, the rapper opted for an understated ensemble, layering a checked trench coat over a simple black t-shirt and chinos

Bold: Ensuring all eyes were on his striking hairdo, the rapper opted for an understated ensemble, layering a checked trench coat over a simple black t-shirt and chinos

Bold: Ensuring all eyes were on his striking hairdo, the rapper opted for an understated ensemble, layering a checked trench coat over a simple black t-shirt and chinos

Sources claim Fae broke the news they had broken-up during an appearance at the Fendi FF Reloaded collection launch party in London last Friday.

An insider told The Sun: ‘They remain friends and their relationship finished on good terms but things just weren’t working out between them.

‘Fae is now in the process of moving out of Pro’s place so they can get on with their lives.

‘Both parties agree going their separate ways is the best thing for them.’

Striking: He teamed the look with black converses, a gold statement ring and swept his hair to the side

Striking: He teamed the look with black converses, a gold statement ring and swept his hair to the side

Striking: He teamed the look with black converses, a gold statement ring and swept his hair to the side

Flashing a smile: Despite rumours he has split from the stunning model, Professor Green appeared in high spirits posing solo on the red carpet

Flashing a smile: Despite rumours he has split from the stunning model, Professor Green appeared in high spirits posing solo on the red carpet

Flashing a smile: Despite rumours he has split from the stunning model, Professor Green appeared in high spirits posing solo on the red carpet

Having a laugh: The star even joked around once inside the venue for the screening of Rampage

Having a laugh: The star even joked around once inside the venue for the screening of Rampage

Having a laugh: The star even joked around once inside the venue for the screening of Rampage

Green has not been seen publicly with the model since February, when they attended the CIROC x MTV & Wonderland party at London landmark The Ned.

The couple starting dating in 2016, shortly after his three-year marriage to Made In Chelsea star Millie came to an end.

Millie has since gone on to find love with her former flame Hugo Taylor, 31 – with the pair preparing to marry later this year.

MailOnline has contacted a representative for further comment.

Old times: The couple starting dating in 2016, shortly after his three-year marriage to Made In Chelsea star Millie Mackintosh (pictured) came to an end

Old times: The couple starting dating in 2016, shortly after his three-year marriage to Made In Chelsea star Millie Mackintosh (pictured) came to an end

Old times: The couple starting dating in 2016, shortly after his three-year marriage to Made In Chelsea star Millie Mackintosh (pictured) came to an end

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