Volkswagen pilots blockchain to integrate electric vehicles with power grids
Energy Web plans to use blockchain technology to help ensure an efficient future for Volkswagen’s electric vehicles. Automobile makers everywhere are betting big on electric vehicles as the world begins to push for environmentally friendly modes of transportation. For example, while fewer than 1% of cars on the roads in the United States today are electric, a number of automobile manufacturers are aiming to change this by stopping sales of gasoline-powered cars. At the end of January 2021, General Motors said it would stop selling gas-powered cars and trucks by 2035. In addition,....
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South African Bitcoin startup Bankymoon has built the world's first blockchain smart metering solution for modern power and utility grids, VentureBurn reports. The startup outlined its plans in a presentation titled "Smart Grids and the Blockchain - Bitcoin's first killer App" at the recent Bitcoin Conference Africa in Cape Town, South Africa. Lorien Gamaroff, founder and CEO of Bankymoon, is expected to give another presentation on May 14 at the Bitcoin Conference in Prague. Modern "smart grids" permit efficient management of supply and demand, with Internet-connected "smart meters" that....
Qiwi, a Russian payment system operator and one of the country’s most active cryptocurrency players, will launch a test to track energy transactions using blockchain technology in partnership with Tavrida Electric, one of the world’s leading suppliers of circuit breakers and a global energy smart grid supplier. Each Tavrida Electric transaction will be recorded on the blockchain, according to Moscow-based Rambler News Service. The transactions will be visible to regulatory agencies and other energy companies on the blockchain. Qiwi said it could extend the project to other energy....
A Honda and GM-led working group has unveiled a global standard for using distributed ledger technology to create decentralized electric vehicle charging networks. The Mobility Open Blockchain Initiative (MOBI) has launched a global standard for integrating blockchain technology into a decentralized vehicle charging network.The storage of excess energy generated by wind or solar is a big problem for the renewable energy industry as batteries are very expensive. But electric vehicles already have significant storage capacity so there's been a lot of work around plugging them into....
Technology is both a godsend a curse at the same time. On the one hand, technology allows us to accomplish many great things which previously either laborious or simply impossible. But, on the other hand, technology is also impacting our social and daily lives in ways we never expected. That isn’t stopping Norwegian startup Meshcrafts from trying something truly unique, fun, and decentralized. One of the more interesting technological developments in recent years is the electric vehicle. Whether it is electric bikes, electric unicycles or even electric cars, there is a certain appeal to....
Toronto-based Daymak Inc has announced details of a prototype electric vehicle named Spiritus. It will use the “patent-pending Nebula platform,” described as the world’s first comprehensive crypto suite for electric cars. “Nebula is the world’s first comprehensive cryptocurrency suite for electric vehicles, and will allow every Spiritus car to mine and manage crypto anywhere on […]