UBX, GET to Launch Digitized Membership to Scale up EV production in PH
UBX, the leading open finance platform in the Philippines, has
been tapped by Global Electric Transport (GET) Philippines, a pioneer in
electric mass mobility as a service in the country, to launch Alamat Digitized
Membership (DMs).
Under the partnership, UBX will serve as the primary tech partner
for GET’s rollout of Alamat DMs, which the public can acquire to subscribe to
the electric bus service and at the same time help deploy more electric mass
transport vehicles in the Philippines.
“This partnership is proof that the fintech and blockchain
innovation have the power to bring positive impact in several industries while
simultaneously supporting sustainable initiatives through technology. We can
confidently guarantee that UBX is equipped to enable several companies and
individuals to be transparent in their sustainability and ESG efforts,” UBX
President and CEO John Januszczak said.
The Alamat DMs are blockchain-enabled digital characters that
allow the owner to support the manufacture of the COMET electric minibuses that
we are starting to see on our thoroughfares and earn rewards from the rollout
of these vehicles.
Alamat DMs will be launched in the second quarter of 2023.
Aside from supporting the rollout of the COMET Electric buses,
Alamat owners can immerse themselves in a gaming experience using the ALAMAT
characters, allowing them to earn rewards by playing as well as generating
gamified returns from the operations of the COMET electric vehicles. Alamat owners also enjoy several perks and
benefits, including discounts for buying early as well as redeemable points in
the GETPASS mobile app which will allow them to ride the COMET electric
minibuses.
“Beyond simply buying, owning and earning a digital asset, Alamat
owners contribute to the country’s shared goal of providing safer, convenient,
and more environmentally friendly alternatives to current modes of public
transport. With this partnership, we also hope to give commuters a better ride
and drivers better working conditions,” said GET President Freddie Tinga.
More than just encouraging the public to participate in the
deployment of electric vehicles in the country, Tinga said that this initiative
also aspires to encourage more Filipinos to use public transportation to reduce
the carbon footprint of the country brought about polluting public and private
vehicles.
The COMET is currently being used by many corporations for their
fleet shuttle needs. The COMET is also now ideally positioned to be the most
environmentally sustainable alternative to jeepneys, the most common form of
public transportation nationwide. With over 300,000 in number across the Philippines
and 80,000 in Metro Manila alone, jeepneys are the top contributor to pollution
and traffic congestion. On the other hand, one COMET vehicle can reduce the
annual carbon dioxide emission by 40,000 kilograms and can cater to as many as
150,000 commuters a year.
“Part of our mission of financial inclusivity is to improve the
quality of life of Filipinos across the archipelago. Collaborating with GET
Philippines is one step to achieving this goal because beyond providing the
opportunity to be a member, we are empowering them to directly contribute to
and get rewarded from the transformation of public transportation and
sustainability at the same time,” Januszczak said.
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