MOAC and KABA Electric Car Rental (Hangzhou) Co., Ltd. officially entered into strategic cooperation in Qingdao on August 22nd. KABA Car Rental leads the electric car industry by creating a new model for car sales, leasing and city services, reaching nearly 100 branches across China.

MOAC has designed an advanced layered sharding architecture which features an overall transaction speed which is already being utilized for large-scale commercial use. KABA car rental joining forces with the MOAC public chain expands the company’s capabilities by adopting a mining incentive program, uploading user data to the chain, creating a new automobile industry chain, achieving green travel and sharing resources.