On the 14th August, researchers from the University of Waterloo in Canada
published a study on blockchain for the electric car charging industry. It outlines how blockchain could provide trust between consumers, energy providers, and property owners.
A relatively new service, there is still a lack of trust in roadside electric charging, the study found. Unlike conventional fuel pumps, the cost is shown digitally, and the provider is rarely a well-known energy firm. Hence, car owners do not know if they are paying the right amount to charge their cars.
“Energy services are increasingly being provided by entities that do not have well-established trust relationships with their customers and partners,” said one of the authors, Christian Gorenflo, a PhD candidate in Waterloo’s Computer Science department.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.