Emirex Token (EMRX) powers The Infrastructure for the New Digital Economy proudly brought to you by the Emirex Group. As the native token of the Emirex Ecosystem, EMRX has multiple use cases: listing fees for placement of tokenised assets, transactional fees from buy/sell transactions, custody and servicing fees, commission and partner incentive schemes, and others as the offering develops
It is a blockchain-based ecosystem that connects all services, like the car dealer shops, mechanic shops and car rental companies, that touch your car to collect its lifetime data. Participants from automobile-related companies, services or trade industry will be connected and they will insert core data related to driving, traffic accidents, repairs and other car-related transactions into the blockchain. Participants who provide data related to automobile will receive MVL Point (MVP), a reward system used to encourage contribution to the ecosystem.