YAS Mobility (YASMO), a cutting-edge blockchain powered drive-to-earn platform, is disrupting the way we drive and own cars with the release of the beta version of its eco-friendly blockchain platform aimed at offering a unique "Drive-to-earn" community environment that incentivizes safe driving habits while ensuring the secure storage and sharing of driving data.
The rise of EVs has significantly impacted both the car and insurance industries. The new EV technology, drivers' unfamiliarity with the road performance of EVs, and the driving habits of EV drivers pose significant challenges for insurers, car brands and servicing sector leading to increased repair costs and higher insurance premiums.
By using YASMO, drivers can experience a safer and more entertaining driving experience, while contributing to the greater good of road safety. YASMO is an innovative mobile app that records real-time data on driving patterns, behavior, and vehicle performance, which can help to tackle the challenges mentioned above.
Through strategic partnerships with car brands, motor servicing/sales marketplace and ride-sharing companies, YASMO can unlock the overall automobile industry with increased the transparency of driving data, improve data quality, enhance the digital customer experience, and ongoing customer engagement opportunities. This will result in increased exposure to potential users and unlocking new revenue streams.
YASMO encrypted records on chain help insurers make more informed underwriting decisions and more accurately price risk, leading to lower insurance costs for EV and car owners.
YASMO promotes driver safety awareness and reduces risky behavior through its "Drive to Earn" feature. The app records trips and rewards drivers with tokens based on safe driving habits, incentivizing safe driving behavior, and improving road safety. YASMO's API connects with brands, merchants, and partners to unlock special rewards thru a global leaderboard further engages the drivers with the right driving behavior.
"At YASMO, our goal is to make driving more enjoyable and rewarding through the use of blockchain and web3 technologies while improving road safety and the environment," said Kan Ng, Product Lead of YASMO. "We believe the app will revolutionize the way people view driving and are thrilled to see the positive impact it will have on our communities." said William Lee, Co-Founder of YAS Group Limited.
With its innovative features, partnerships with car brands, ride-sharing companies, and insurers, and unique token reward system, YASMO is set to transform the electric vehicle, grow the automobile market, and disrupt the motor insurance sector.