History and Motivation Behind Citopia
In 2016 and 2017, blockchain saw a steep incline in mainstream acceptance and captured the attention of forward-thinking organizations around the globe, many of whom eagerly began experimenting with blockchain PoCs. All found that while putting a vehicle, data, or service onto a chain was easy, their PoCs never achieved enterprise-scale adoption.
The reason for the lack of scalability is obvious in hindsight:
- First, the industry lacked standards on trusted identity for vehicles, people, things, trips; and how to share data and to settle transactions
- Second, companies were using Web3 technology but still building Web2 centralized platforms and were not able to convince others to onboard onto their platforms
Blockchain is an inherently collaborative technology designed for multiparty networks, yet organizations were conducting PoCs largely within their own firewalls. The solution was clear: organizations would need to work together to co-develop standards and create a shared protocol-agnostic Web3 infrastructure on which to build and scale their applications.
These organizations would become the founding members of MOBI. In 2018-2019, ideation and development began for Citopia, a member-owned and operated Web3 marketplace for business automation using Self-Sovereign Digital Twins™.
Citopia is a key component of MOBI’s Web3 Technology Stack, which also includes the MOBI consortium and the Integrated Trust Network (ITN).