This document discusses plans to shift people away from private vehicle usage through an integrated transportation platform and payment system called T Coin. The T Coin wallet would run on blockchain technology and use cryptocurrency to allow users to pay for transportation services from different providers through a single wallet. This would consolidate payments, provide rewards for loyalty and feedback, and incentivize use of public transportation options like buses, taxis, carpooling, biking and MRT. The goals are to empower users, eliminate middlemen, and encourage adoption of practices like alternative fuels.
2. Increasing Shift Away From Privatised vehicles
Extensive measures implemented towards encourage public transport
Flatlining the growth of cars
in Singapore
Introduction of cheaper fares,
expansion of railway networks &
Connectivity
LTA seeking feedback for Transport
Roadmap to reduce privatised
vehicles
4. Several Key Issues Faced by Users Of Our Public Transport
System
Carpooling
Major Lack of Information
and management by
Government bodies
Bike Sharing
Pay to Ride Schemes
acting as a deterrence
Improper etiquette of
bicycle usage
High Manpower and
management cost
Taxi
Poor Rider and User
Incentives
The possible rise of
ogliopolies
7. Grab, Moving Beyond Just Being A Taxi Company
Shifting its focus to a platform with a consolidated payment services for all its services
Extending Usage of GrabPay
wallet
Strategic Partnerships with Fave
to include merchants allowing
payment via Grab wallet
Launch of GrabTaxi (then)2012
GrabShuttle
Reservation of buses for travel
2017
GrabFood
Taking the forefront in food
delivery
2018
8. Bridging Transport In Our Community
Creating a platform for all transport services that incentivises users
A Universal Payment System
that is safe and easy to use
A platform that
incentivises
9. The T Coin Wallet
A Wallet System that runs on blockchain
Running On Cryptocurrency
Wallet runs on cryptocurrency known as the T Coin.
Transactions Made Via T Coins
Users and merchants will perform transactions via T coins
across all transportation platforms
Rewarding Uses for feedback and loyalty
Users are rewarded with T coins for loyalty and maintaining
the system
All transaction will be recorded on the
blockchain
All data and transactions will be recorded on a distributed
ledger that is safe and reliable.
10. The T Coin Wallet
A Wallet System that runs on blockchain
Maximum Data
Security
Keep data secure with
blockchain encryption and
middlemen elimination
Creating an
involved
community
Incentivising commuters to
become loyal and responsible
users
Eliminates
unnecessary
platforms
Eliminate middlemen services
via fast and direct payments
using a single wallet
11. The T Coin Wallet
An eco-system that empowers both users and companies
Loyalty
R
ew
ards
Bike Rental
& Services
U
sage
of
ServicesLoyalty
and
U
ser
Feedback
R
ew
ards
Loyalty
and Fault
Reporting
Rewards`
Buses and MRTs Taxi Companies
Bike Companies
T
Initial Wallet Sign-Up
Token-Up Into T wallet
Top Up Wallets Via:
Loyalty
Rewards
Maintaining
System
12. Extension of T coin roadmap
Encouraging T Coin to introduce more forms of services
Integrating the T wallet System with Public
Buses and MRT Services
Integrating the T coin system with privatised
companies like SMRT, SBS transit and EZ link,
the largest stakeholders in Singapore
Incorporating Alternative Fuel Vehicles
In Public Transport
Creating an avenue for drivers and
companies to adopt alternative fuels
through the T coin reward system