You Still Don't Know Swvl Meaning? While This Company Has Moved To Blockchain With Concodium

 Swvl can be used as noun or verb. Swvl meaning is the tech company providing transportation services , committed to enabling cities, people and businesses to move everywhere.

If you are from Africa,Asia or Middle East, you definitely have heard of Swvl. Purpose of Swvl is providing transport which is afordbale to everyone. It was Dubai based startup, providing semi private alternative public transportation. 

Customers can book rides on an uncomplicated app with varied payment options and access high-quality private buses and vans that operate according to fixed and semi-fixed routes, stations, times, and prices.

By the end of 2021, Swvl will become the first 1bn+ USD unicorn from the Middle East to list on Nasdaq and the only tech-enabled mass transit solutions company to list on any exchange.

Recently Swvl has done partnership with concordium, a leading blockchain technology company, will introduce a modernized mass transit system and travel experience.

The technology allows for the creation of interactive relationships among Swvl and its customers with advanced driver monitoring and performance tracking, as well as increased efficiency and quality of service.It will make trips with Swvl even safer and more reliable.

Lone Fonss Schroder, Concordium's chief executive, said: 

"Mass transit systems are inherently flawed, with inefficiencies that create 

significant barriers and cause daily commuting to be a struggle. 

Combining Concordium's differentiated blockchain technology with Swvl's 

cutting-edge mobility platform provides a seamless commuting experience 

that will change mass transit on a global scale."

Mostafa Kandil, Swvl Founder and CEO, said: 

"Swvl set out to create the mass transit system of the future, 

for the cities of the future. Our partnership with Concordium will improve the real-time capabilities of our offerings. 

We will be even better positioned to capitalize on fast-changing customer demands, 

resulting in quicker and more flexible commuting experiences."


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