Blockchain-Enabled Electric Car Charging Comes to California
On August 2nd, eMotorWerks launched a beta test of a distributed, peer-to-peer charging marketplace in California that allows electric vehicle drivers to pay each other for use of their home charging stations. The company is using Share&Charge platform running on blockchain technology.
eMotorWerks sees this program as a part of their strategy to move from hardware sales and focus on software services which are likely to generate more value to customers. The idea behind peer-to-peer charging marketplace is to expand the number of available charging stations and thus reduce EV drivers’ concern about range and promote electric vehicles.
While addressing the shortage of public charging infrastructure, electric vehicle drivers participating in the program not only earn extra money from renting out their EVSE, but also feel good about going green, reducing gas emissions and helping out fellow drivers.
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