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Web3 digital infrastructure for connected vehicle and IoT commerce in the New Economy of Movement

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This is a guest opinion post from Tram Vo, Co-director + Founder, MOBI.

The convergence of multiple rapidly maturing technologies, such as AI, IoT, and blockchain, permits any connected entity — whether a person, vehicle, device, package, piece of infrastructure, or data set — to communicate and autonomously participate as an independent economic agent in transactions. These usage-based (pay as you go) economy-of-things transactions will:

These transactions — the exchange of value, goods, and data between entities in the economy of things — will produce a multi-trillion-dollar pay-per-use ecosystem we’ve termed The New Economy of Movement.

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