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Forget about Oil, Your Next Car will Run on Ethereum!

Posted: Wed Feb 17, 2016 4:27 pm
by kreslik.news

Blockchain is taking over the financial world these days, or so it seems from all the daily announcements, but the technology has the potential to impact on so much more of our economy. The latest example of this comes from the European energy giant RWE which looks to make the blockchain an integral part of its core businesses.

Germany-headquartered RWE has teamed up with Slock.it to explore how charging electric vehicles could be transformed by optimising both human to machine and machine to machine (M2M) transactions.

The first project revealed is an autonomous electric charging station, integrating a smart contract that allows users to rent ... (read more)