Blockchain could revolutionize New York City’s for-hire vehicle Industry

For decades, New York City’s taxi and for-hire vehicle (FHV) industry has served as the backbone of urban transportation, connecting millions of passengers while supporting the livelihoods of nearly 200,000 drivers. Yet the industry continues to grapple with rising insurance costs, fraudulent claims, regulatory complexity, and outdated administrative systems. As these challenges intensify, blockchain technology […]