TaaS v/s TaaS
Hello beautiful people, Have you seen a stock performance to hike like anything in just a single day ? Probably, you might have seen a stock's downward trend in a single day but not the upward trend. That too 542%. Some of us might have heard the abbreviation Known as TaaS. What is it? Well some say TaaS stands for Transportation as a Service, and the other say that TaaS stands for Token as a Service. To our surprise both are correct. Both stocks are listed, one as a share and other as a crypto. So what is the difference? Obviously, they are not the same.
Transportation as a Service is fairly new, but booming. The short version is TaaS, however the actual stock code is PTSI. If you were interested in Olympics Tokyo 2020, you might know about TaaS already. Japan used transportation as a Service in this event. Cars with no drivers used to pick up travellers from the airport to different hotels and destinations as requested. This was all done automatically by just giving command to the autodriver car. We are going to see this revolution in transportation industry. Majority of people would give up owning a car. They might rather use this service. As of now to own a car might cost you installments with higher interest, gas, insurance, taxes and maintenance. Roughly the cost per mile would go just above $1. However with transportation service it would cost you $0.10.
That's the max. Plus you save on parking and no hassle and no waste of time. You just download an app and go wherever you want within minutes. The only draw back would be weather. Although these auto driving cars are resilient but this artifical intelligence might sometime not work in harsh weather. Their stock is sitting at $59 at the time of writing. The other TaaS is Token as a Service. This stock of a crypto currency was trading at $1.46 and all of a sudden in just one day it went up to $8.57. Such a big jump!!! Investors might have found something in it. The person who bought majority of Netflix stock and the person who bought majority of Amazon stock both suggested to invest in TaaS. Could it be the reason, I don't know. Many majority crypto currencies and others have entered into a project with this Token.
This Token was introduced first in May 2017. It have 4 founder and now 40 employees across China, USA, South Africa, Ukraine, Poland and Romania. It is among the top 300 crypto currencies traded on daily basis. I expect it to rise up in rank. This Token is well known to provide high transparency standards in entire blockchain space. It keeps on informing public continuous. That might be one of the reasons investor like. They claim that this Token will be used widely as payment for services. TaaS benefits from Etherium based contracts. Their annual growth rate is 780%.
To sum up, it seems that both of these TaaS will be revolutionary.
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