Is it possible for a cryptocurrency exchange to offer services similar to Universal Ticket Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring. More? Consider the following factors.
Right to ride is an asset
Cryptocurrency fare tokens could serve as an effective hedge against inflation. For instance, the Toronto Transit Commission (TTC) in Toronto, Canada, once issued a one-ride token, Today, a single TTC fare costs CAD 3.35. However, back in 1954, the same fare was just 15 cents
Like any A business entity and cloud service having two categories of customers: (A) e-merchants and taxi drivers; (B) shoppers, riders, e-wallet holders with cards or cash, and money senders. More, a cryptocurrency exchange could leverage the Universal Ticket Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring. More service to attract more crypto holders who are regular or occasional transit patrons.
Public funding of public service
Certain municipalities are considering the use of cryptocurrencies to fund public services, including public transit. Is this a viable idea? The jury is still out. However, your cryptocurrency exchange could potentially play a key role in making it a successful venture.