How EY Helps Cities Test Multimodal Transport Options

February 26, 2018 at 2:12 AM
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EY says cities can be considered transport customers who, like individuals, want to make personal mobility efficient and convenient. But how?

The key is quick and effective experimentation, says Randy Miller, EY’s global automotive and transportation sector leader. To help cities accomplish that goal, EY has launched Tesseract, an integrated mobility platform that uses blockchain technology.

Tesseract enables consumers (who also may be fractional vehicle owners in a multimodal transport system), operators and third-party service providers to automatically settle transactions through a single-source, usage-based payment system.