Mass Vehicle Ledger (MVL), the startup that operates ride-hailing service Tada in Singapore, Vietnam, and its home country of South Korea, has partnered with multinational giant Axa to provide insurance to its drivers and riders.

From early next year, Axa will be MVL’s preferred insurance partner for its drivers and users in Singapore.

In a statement, the two companies said they “will also explore technical integration to create next generation mobility insurance products and services leveraging MVL’s blockchain.”

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