How this blockchain startup could help people transform traffic in Iran
A private sector Iranian blockchain startup is offering a unique mix of decentralized facilities that could enable the general public to meaningfully tackle traffic congestion in Iran and beyond.
As the transportation industry continues to grow around the globe, traffic congestion remains as one of the most significant, largely unresolved issues of the modern world. This is no different in Iran, and especially its capital, Tehran, where even the thought of being stuck in afternoon traffic is painful.
But now, thanks to blockchain technologies, the general public may be empowered enough to take matters into their own hands and solve traffic and all the detrimental side effects that come with it.
Since mid-2018, a group of Tehran-based millennial entrepreneurs and developers with extensive backgrounds in Iran’s lively startup scene have been working on Locon, a decentralized ecosystem for transportation, logistics and location-based services.
They argue that the overwhelming majority of companies offering location-based services at the moment are centralized, and this creates a host of problems and concerns in the long run.
