BMW demos recharging cars using EnergyWeb blockchain

BMW has partnered with Energy Web to apply a blockchain solution for recharging electric vehicles with renewable energy It also involved the Belgian and German electric grid operator Elia. The key benefit was sharing a vehicle’s decentralized identity with the grid operator.

What underpins the Energy Web offering is a decentralized identifier for the car, which is stored in the vehicle’s wallet. The car can securely share private data with the charging point, and with their permission, the grid operator.


Source: ledgerinsights