Onepas — A Web3 CliMaaS Ecosystem
Blockchain. Digital Transformation.
Although discussions about these concepts are prevalent in a wide range of industries, some people may still be unaware of the full scope of changes we’re on the verge of undertaking in the way our communities & organizations manage transportation, business, and the increasingly-vital collection and usage of data.
MaaS faces many significant challenges that must be solved before its full potential can be realized. For one, a major lack of transparency exists, with insufficient integration between a large percentage of service providers in some areas. Also, governmental support is unfortunately almost non-existent at this point, leading to additional complications. So, while MaaS may eventually be capable of providing the solution for many of our urban transportation problems, using it remains difficult.
Righteously you might think if MaaS as an industry is already lacking in being implemented on it’s full potential why complicate things even further by throwing also blockchain technology into the mix…
My first thought would be : Because it’s cool!
On a second note : Why not?!
Also the numbers tell a different story: A new market research report shows that the Mobility as a Service Market size is predicted to reach $40.1 billion by 2030 from an estimated increase of $3.3 billion in 2021.
As for crypto’s market prediction it’s no brainer: #tothemoon🚀
I could go off on a tangent trying to compartmentalize the pros & cons of the current Mobility as a Service landscape but I have more important things to share.
Before we dive in into the subject of this article let’s clarify first things first :
CliMaaS = Climate + Mobility as a Service
Obvious, a new category calls for a new name…
Introducing Onepas : CliMaaS, Bridging The Gaps of The Urban Stacks
Onepas Network | PASO Protocol | DataOne™️
We’re on a mission to create a stakeholder economy, shaping the future of cities and mobility.
Our cities are the epicentres of global progress
Growing urban population as predicted by UN to reach 70% by 2050 demands for more modern solutions in the public transit domain, advances in technology that facilitate the processes involved in the sector — all these and many more contribute to the explosive growth in the global public transit market forecast for the next few years.
For years, cities have been neglected by bigger tech providers that only serve big metropolitan areas but now they can finally catch up thanks to our innovative approach.
The current state of MaaS is unsustainable.
There are many problems with the current system, and they all stem from a lack of incentive alignment between parties on both sides of the market. Many companies have no way to capture value created for their customers, while others are locked into closed systems that don’t allow them to leverage new opportunities.
An environment conducive to continuous learning at scale is cultivated through capitalism. Said differently: when ideas compete freely, more wealth is created — most often in the form of better tools, services, or knowledge. Mises describes this inextricable relationship between ideation and market competition in his masterwork Human Action:
“But competition does not mean that anybody can prosper by simply imitating what other people do. It means the opportunity to serve the consumers in a better or cheaper way without being restrained by privileges granted to those whose vested interests the innovation hurts. What a newcomer who wants to defy the vested interest of the old established firms needs most is brains and ideas. If his project is fit to fill the most urgent of the unsatisfied needs of the consumers or to purvey them at a cheaper price than their olde purveyors, he will succeed in spite of the much talked of bigness and power of old firms.”
Faced with costly challenges in making periodical investments, high maintenance costs, prone to vulnerable privacy, user access and fraud protection, legacy smart mobility solutions impact stakeholders and most importantly our cities.
Building a robust ecosystem where everyone can prosper by sharing value more securely, fairly.
This ecosystem will be powered by our native ecosystem token $PASO which allows us to align user incentives with ours through multiple mechanisms including in order to create an effective feedback loop between users who use $PASO tokens and the platform itself so it can improve over time based on real-world use cases.
Cryptocurrencies in their tokenized form have. the potential to be more than just currencies.
A cryptoeconomic protocol comprises incentives, rules, and interfaces. A token can be a claim over some right, access, utility. Depending on the design, tokens can align agent incentives and shape agent behaviors.
The agents in these systems self-organize in response to incentives, which are chosen to motivate the behaviors needed for the protocol to function. These behaviors, in turn, are constrained by the rules and interfaces of the protocol.
Onepas will utilize blockchain technology on PoA Proof of Activity consensus protocol for interoperable clean mobility.
The main goals of the Proof-of-Activity consensus protocol is to provide efficiency, fair rewards, a socially-oriented transaction validation process, and a method for adding blocks of transactions to the blockchain.
Unlike the PoS protocol, one is not required to own the biggest cryptocurrency stake to have a chance to become a validator and get a reward. The PoS protocol increases the importance of owning more coins which makes the system more centralized and monopolized. The PoA protocol makes the system more decentralized and increases the user’s motivation to participate in the network and reduces the need to get as many coins as possible as quickly as possible.
Unlike the PoW protocol, it is not necessary to increase power consumption dramatically in order to increase the probability of being rewarded. Under the PoA protocol, the probability of getting rewarded is proportional to the user’s activity which inspires all nodes to increase activity and become more socially useful.
- Social Orientation
Being socially oriented, the PoA protocol might encourage members to be more active in solving different tasks, challenges and problems.
In our case clean mobility 🌎 🌱
Use case of Onepas in the Mobility industry?
ride to earn, nft ticketing, impact data
NFT Ticketing, Settling and Roaming.
Mobility as a Service depends on the seamless integration of diverse modes of transport across companies, transportation authorities and even countries.
One ticket/wallet/pass for all is the promise :
A standardized distributed ledger, granting passengers frictionless accessibility to public transit, service provider — location agnostic.
- A related use case would be the the use of DLT for roaming in intermodal travel chains.
- There is a preference trend of consumers in moving towards the direct online interaction and connection to MaaS offers. The NFT technological paradigm perfectly aligns with this tendency.
- Integration of Fiat-on-Ramp functionality
- Blockchain provides a single source of truth for both ticket holders and providers. The transfer of NFTs from the initial sale to resale is stored on the blockchain immutably so that all parties can prove the ticket’s authenticity. In cases where the resale of tickets is forbidden, NFTs can be developed as non-transferrable, not to be moved to another buyer physically.
- NFT reward systems could improve the goodwill of brands and consequently strengthen the ties between passengers and transport operators.
- Costs associated with selling and minting NFTs are negligible as compared to the traditional ticketing systems.
- Mitigating risks associated with the mobility settlement and payment infrastructure. Very suitable for the transport industry‚ particularly in the case where financial data transmission is very sensitive and the personal information of passengers is critical.
- NFT ticketing module wrapped on a friendly UX that hides the underlying complexity of smart contracts.
Our network protocol would be integrated only to selected public or private transit operators, that use hybrid or fully electric vehicle fleets.
Doing so $PASO would serve as an token of impact, incentivizing transport operators to invest in climate friendly fleets, simultaneously incentivizing people to increase their day to day usage of public transit.
Onepas plans to establish a “Ride-to-Earn”-cycle that incentivizes users for their engagement. A ride in an electric bus or the participation on the Onepas network can earn users extra benefits.
Onepas ecosystem is conceptualized to promote a strong, long-term self-reliant economy with participant incentives aligned to the activity and expansion of the network.
Logistics plays a critical role in implementing innovative “circular economy” models that minimize the use of resources and reduce carbon footprint.
By building an ecosystem that leverages structural shifts, kills inefficiencies, removes pain points and enhances environmental upside, we have the potential to benefit millions of people, create hundreds of millions in commercial value and lower tons of emissions.
The Cryptoeconomic Model
The participants in the Onepas economy are:
Node Validators [Operators/Witnesses]
Wallet Users [Passengers/Costumers]
- Tokenomics will be ruled by Burn & Mint Equilibrium
- MyRide®️ Credits are a $USD-pegged utility token derived from $PASO in a burn transaction and used to pay all activity fees on the Onepas Network.
One MyRide Credit will always cost $0.00001. Or, $1.00 will always buy you 100,000 MyRide Credits. But, as noted above, MyRide Credits are produced by burning PASO. And the market price of PASO will of course fluctuate.
This PASO to eRide relationship is based on a design commonly called a burn and mint equilibrium and is intended to allow for the supply of PASO to respond to network usage trends such that, when equilibrium is found, the amount of PASO that exists remains static month on month. (Onepas borrowed heavily from Factom’s usage of this design though other blockchains have also used it.) The amount of MyRide®️ Credits produced by burning PASO will move up and down based on the USD price of PASO as reported by the Onepas Oracles. Let’s look at a few examples of how this works on-chain.
- As always, the price of one MyRide Credit is $.00001
- * The current Onepas Oracle price is $1
- * Burning 1 PASO would produce 100,000 MRC’s
DataOne™️ \ ACTIONABLE data-economy
Designed as an impact data farming streamline
Creating immutable, auditable digital footprints, encouraging better mobility policies & investments.
DataOne data farmers can earn ONEPAS for providing liquidity to DataOne-datatoken pools; the amount earned will be multiplied by usage of the datasets they stake on, and more.
Markeplace for owners of real asset data to make data available for monetization/decision making/investments.
Hash evidence of activity digitally to blockchain.
Onepas Digital Identifiers
Because of a large amount of data associated, specially in congested services used by the public we need to make sure that the systems handling identity-related data are capable of handling high scale with combined characteristics of blockchains and databases.
(ODIs) are UTF-8 strings of human readable text that enable smart contracts, consensus building, validator networks, and enterprise level management of digital assets on the Onepas network.
The accounts for ODIs include:
- Token Accounts, which implement a token account, and track both transactions against the account and deposits to the account
- Data Accounts, which track and organize data that is validated or approved by an identity
- Staking Accounts, which will allow staking EPAS tokens to secure the network in exchange for rewards
Our goal is to become a plug-n-play layer of tomorrow’s stakeholder economy, a web3 protocol of clean mobility ♻️
Bridging The Gaps of The Urban Stacks!