App lets drivers lock in low gas prices in the Philippines
STORY: Location: Manila, Philippines
An app lets drivers lock in low gas prices in the Philippines
as a way to fight the soaring cost of fuel
John Aldwin Bagabagon is one of 200,000 people using it
saving about 50% on gasoline over the past four months
[John Aldwin Bagabagon / Motorcyclist]
"When prices jumped by 12-14 pesos for gasoline and by around 7 pesos for diesel last week, it was nothing for me. I did not worry too much because I have a lot of fuel credits stored on PriceLOCQ."
The app PriceLOCQ allows you to stock up on fuel at a set price
by converting purchases to digital credits
that are later redeemed at SEAOIL Philippines petrol stations
[Mark Yu, Founder / PriceLOCQ]
"PriceLOCQ is a mobile app that allows you to buy fuel anytime, anywhere, lock the price down and load it later. How we started it, really, with the concept of blockchain and all of that, we wanted to find a way to actually deliver real value. It started there but it really evolved to really understanding consumer needs and our vision, really, is to provide stability in a world filled with uncertainty. We wanted to be able to empower users to be able to have control over the price of fuel."
Authorities have warned people of risks, however
Credits can't be transferred
and your cost is locked - even if prices fall
相關影片推薦
1:27
豬仔被騙到柬埔寨 業績0遭毆 返台咬出人蛇團TVBS新聞網影音91,170 次觀看・1 天前1:47
台中設41「科技執法」 開車小心別違規傷荷包華視影音30,406 次觀看・9 小時前2:21
台超額儲蓄首逾4兆! 專家憂房地產飆漲.股市泡沫化華視影音122,922 次觀看・1 天前1:51
看房擠爆! 永和豪宅近5千萬賣出 大媽喊:給現金TVBS新聞網影音38,401 次觀看・6 小時前1:32
極端氣候衝擊中國 暴雨接力灌鄱陽湖 空拍看水位飆高 上海熱爆體感攝氏44度Yahoo奇摩(國際通)13,470 次觀看・9 小時前1:49
南韓小島遭「鹿」侵 數量為人類7倍 毀壞農作物、挖祖墳 居民請願撲殺Yahoo奇摩(國際通)9,315 次觀看・6 小時前1:07
劉亦菲狂親唐嫣的4歲女兒 被嚇得連連後退...生母笑翻:她很嫌棄娛樂星聞307,514 次觀看・3 天前2:36
英國國會大選 工黨估拿410席大勝 新任首相施凱爾是誰?53歲才當選議員 路透記者解析他的下一步Yahoo奇摩(國際通)7,130 次觀看・7 小時前3:03
孫藝真睽違4年登紅毯一樣美爆!金在中賣萌NCT在玹合體「宋旻浩緋聞女友」娛樂星聞20,462 次觀看・7 小時前1:56
女"捷運站翻牆逃票"影片PO網遭撻伐 北捷將求償民視影音164,931 次觀看・2 天前